Permitting Reform: The Supreme Court Weighs In
The National Environmental Policy Act, commonly known as NEPA, requires that large projects obtain federal environmental permits if they cross state borders or...
What Does a Rising Long Term US Government Yield Mean?
I was thinking about this, as people were remarking on how the 30 year bond was rising.
First, let’s think of how the long...
Economic Activity: GDP, GDO, GDP+, Final Sales
As of 2nd release for 2025Q1.
Figure 1: GDP (bold black), GDO (light blue), GDP+ based on 2022Q4 GDP (tan), final sales (red), all...
Weekly Indicators of GDP Growth
The Lewis-Mertens-Stock/NY Fed measure for data through 5/24 is down to 1.88%, down from 2.79% on the week of Trump’s inauguration, down from...
Furniture Prices Up, Up and Away in April
Can’t wait to see May data.
Figure 1: PPI for furniture and household durables, n.s.a. (blue, left log scale), and CPI for furniture and...
Some Stabilization in Economic Confidence
While (UMich) economic sentiment (preliminary) falls.
Figure 1: University of Michigan Consumer Sentiment (blue, left scale), Conference Board Consumer Confidence (tan, left scale), Gallup Economic...
