“Despite a continued cloudy view of the U.S. economy, some top economics bloggers are beginning to see a ray of hope on the horizon. According to a new Ewing Marion Kauffman Foundation survey, 14 percent of respondents now believe the … read more >

Percentage Change,    2000 to 2010  Right-to-WorkStates    Forced UnionStates  Private Employment 10.30% 1.90% Private Sector Compensation 11.10% 0.70% Real GDP per Capita 9.70% 7.89% Source: BEA USA Today — “Indiana’s controversial right-to-work bill became Indiana’s law Wednesday. The state Senate voted … read more >

Reuters reports that the shale oil-rich area of Texas known as the Eagle Ford is quickly becoming the country’s new hot spot for oil, and could rival production in the Bakken region of North Dakota within a few years: “Over … read more >

For those loyal CD readers who have been asking lately for an update on the Baltic Freight Index, Dennis Gartman explains in today’s The Gartman Letter why its relevance as an economic indicator has diminished to the  point that it … read more >