From X, on Thursday: This is beyond ridiculous: industrial production and capacity utilization saw another massive downward revision, and Jul’s…
From a paper by Michele Andreolli, Natalie S. Rickard, and Paolo Surico (presented at NBER Summer Institute Monetary Economics sessions):…
Prices are up relative to January 2021, but not relative to January 2024: Figure 1: CPI – food at home…
That’s a title from FT. Remember when Trump promised 4% growth (in May 2017)? How did that turn out? Figure…
With the CPI release, we have new July observations for 3 series. Figure 1: Instantaneous inflation for core CPI (blue), chained…
Heritage Foundation’s EJ Antoni writes on X (August 2): Over the last year, native-born Americans have LOST 1.2 million…
If you’re wondering about a recession by the time the election rolls around… Source: Pearce, Martin, Recession Monitor – Still…
Pascal Michaillat (UCSC) and Emmanuel Saez (UC Berkeley) say 40% probability, yes. From the abstract to the paper: To answer…
As reported by the Rosstat, via TradingEconomics: On an annualized basis, this is 14%. Y/Y inflation is 9.1%. The nominal…
The largest tank battle in WWII took place around Kursk, not far from where the current Ukrainian incursion is. Source:…