Hot Gdp, Core & Real
From Brian Wesbury: “‘Core’ GDP (consumption + fixed investment) increased 4.3% in Q3 and is up 4.5% in the past year. Despite widespread pessimism about hurricanes, energy prices, consumer debt, ...
Barnburner Jobs Report
A whopping 337,000 new payroll jobs were added in October — twice the forecast. This the biggest payroll jobs gain since March. The unemployment rate, however, rises to 5.5 percent. ...
Gdp
The third quarter GDP growth numbers are in: 3.7 percent. This is below the consensus forecast of 4.3 percent, but up from the prior quarter which was 3.3 percent. Stock ...
More On Jobs
Bush can’t do all that much with the new jobs number (which came in about half the consensus estimate) except to say that payroll jobs are steadily being added ...
Jobs Report: Not Bad, Not Great
The payroll jobs report for September has arrived: 96,000 new jobs, which is below the consensus forecast. The unemployment rate, however, remains at a historically low 5.4 percent. Manufacturing jobs ...
Reading The Jobs Numbers
As Ramesh reported, the economy added 144,000 nonfarm payroll jobs in August with the unemployment rate falling to 5.4 percent, its lowest level since October 2001.
Some more jobs details: The ...
Truth Over Rowbacks At The Times
Ut seems that the New York Times — the newspaper of record that all-too-often has shown an aversion to the truth, particularly if the truth has not served the needs ...
Delong Went to Defense Before Detail
Last week U. Cal. economics professor Brad DeLong issued a challenge to Bush supporters on his website. Recalling a March 2003 letter signed by hundreds of economists who “supported Bush’s ...
Vanity Fair Plays Foul
The Krugman Truth Squad has actually found someone who makes Paul Krugman look good: Vanity Fair editor Graydon Carter. In his December editor’s letter, Carter sounds off on the Bush ...