economic recovery

Wednesday, May 22, 2013

Durable manufacturing, motor vehicle production reach record highs in Q1, and oil output is highest in 20 years

Mark J. Perry | April 16, 2013, 8:52 pm

The Federal Reserve released data today on US industrial production for March, here are some highlights: 1. The output from America’s factories, mines, and utilities increased in March by 3.5% compared to a year ago, and by 5.6% at an … read more >

Carpe Diem

Two different Federal Reserve measures of financial stress have fallen this year back to pre-recessionary 2007 levels

Mark J. Perry | December 21, 2012, 10:15 am

The chart above shows two different weekly, statistical measures of financial stress that were updated this week by the Federal Reserve district banks of Chicago (National Financial Conditions Index, red line) and St. Louis (Financial Stress Index, blue line). As … read more >

Carpe Diem

With average age of consumer durables at 49-year high, replacement cycle boom could boost economic growth

Mark J. Perry | December 7, 2012, 5:15 pm

In an interview today on CNBC, Whirlpool CEO Jeff Fettig said that he’s “optimistic that a rebound in the U.S. housing market and consumers’ need to replace old appliances will boost Whirlpool appliances sales during the next three to five … read more >

Carpe Diem

The US economy is now producing 2.2% more output than before the recession, but with 3.84 million fewer workers

Mark J. Perry | November 6, 2012, 10:14 pm

The chart above is an updated version of one that I’ve featured several times before on CD, and helps to graphically capture several important trends in the U.S. economy over the last ten years: real GDP and civilian employment. It … read more >

Carpe Diem

Maybe the private sector is doing fine? Growth in post-recession ‘private GDP’ (3%) is above average

Mark J. Perry | July 29, 2012, 10:53 am

The chart above shows annualized growth rates for: a) the quarterly, non-government, private-sector components of real GDP (personal consumption expenditures, gross private domestic investment, and net exports), see blue bars in chart, and b) the quarterly component of real GDP … read more >

Economics

AEI Scholars to Liveblog Obama’s Jobs Speech Tonight

Bridget Johnson | September 8, 2011, 9:54 am

I hope everyone has recovered from the GOP debate last night—personally, I woke up screaming a few times after Ron Paul talked about TSA “sexual activities,” but I’m on the road to recovery—because tonight is another political television extravaganza. President … read more >

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The Uses of Scandal
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Lean In… to Government?
Sheryl Sandberg's runaway best-selling book Lean In has managed to offend both the Left and the Right. Sandberg touts female hard-headedness, yet also calls for an elaborate government- and employer-supplied support system for women. […]
Are American Voters Racist?
Racial prejudice plays a very small role in American politics, but a highly disciplined sense of self-interest on the part of one group may play a very large role in the way the federal government functions. […]