Category: Economic Recovery
The analysis published under this category are as follows.
Friday, October 01, 2010
U.S. Real GDP Revised Higher, Stronger Consumer Spending, Jobless Claims Trending Down / Economics / Economic Recovery
By: Paul_L_Kasriel
Real GDP grew at an annual rate of 1.7% in the second quarter vs. the preliminary estimate of 1.6%. The 2.2% growth in consumer spending represents an upward revision from the earlier estimate of a 2.0% gain. The strength came from an upward revision of consumer outlays on services. A larger inventory accumulation was also reported for the second quarter compared with the prior estimate ($68.8 billion vs. $63.2 billion in preliminary report). A decline in non-residential structures and smaller growth of government spending provided most of the offset. Going forward, the U.S. economy is projected to grow at a tepid pace in the second half of 2010 of roughly 1-3/4%.
Wednesday, September 29, 2010
Why the Statistical Economic Recovery Feels Bad / Economics / Economic Recovery
By: Mike_Shedlock
Inquiring minds might be interested in charts of GDP minus the effect of increased government spending. The charts are from reader Tim Wallace who writes ...
Tuesday, September 28, 2010
A Candid Appraisal of the U.S. Economic Recovery / Economics / Economic Recovery
By: John_Browne
Over the last two weeks, seemingly good economic news offered some shreds of optimism to a stock market that was desperate for a pick-me-up.
The week before last, the National Bureau of Economic Research declared that the US recession had ended back in June 2009. At the beginning of last week, news came in that month-on-month retail sales had risen by 0.4 percent. Combined with successful government debt auctions in the eurozone, increasing expectations that Republicans will take back the House (thereby blunting the leftward drift of Washington), and hopes that a new round of quantitative easing will pump up growth, mainstream analysts are developing a feeling of near-euphoria.
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Tuesday, September 28, 2010
Has the U.S. Economy Improved in the Third Quarter? / Economics / Economic Recovery
By: Sy_Harding
Economic growth in the second quarter slowed to an anemic 1.6% from 5.0% in the December quarter, and 3.7% in the first quarter.Hopes have been that things began picking up again in the third quarter and that last year’s recovery from the recession is back on track.
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Tuesday, September 21, 2010
Is a Reduction in Unemployment the Key to US Economic Recovery? / Economics / Economic Recovery
By: Frank_Shostak
Most experts are almost unanimous that the key to economic recovery is a reduction in the unemployment rate, which stood at 9.6% in August. The number of unemployed stood in August at almost 15 million. Also, the underemployment rate climbed to 16.7% in August from 16.5% in the month before.
Tuesday, September 21, 2010
The End of the Great Recession is Official / Economics / Economic Recovery
By: Asha_Bangalore
The Business Cycle Dating Committee of the National Bureau of Economic Research indicated today that the recession which commenced in December 2007 ended in June 2009. The 18-month recession is the longest on record in the post-war period. The 1973-75 and 1981-82 recessions lasted 16 months. The announcement is an official ritual; for all practical purposes, it has been widely known the recession ended in the middle of 2009. The important difference to note is that the pace of economic growth in the current recovery is significantly slower compared with the recoveries following the 1973-75 and 1981-82 recessions.
Friday, September 17, 2010
The Long Road to Economic Recovery / Economics / Economic Recovery
By: David_Galland
David Galland, Managing Editor, The Casey Report writes: Last week the government released the latest unemployment data. Bloomberg, always ready to roll up the sleeves to help its friends in government (get reelected), was running a headline that “Companies in U.S. Added 67,000 Jobs in August.”
While I haven’t had time to go through the minutiae of the report, I find myself scratching my head at Mr. Market’s rather positive reaction to the report, given the bullet points:
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Sunday, September 12, 2010
U.S. Economic Recovery? What Recovery? / Politics / Economic Recovery
By: Stephen_Lendman
There is none, and it's getting worse under a president and his predecessor's policies - engineering and sustaining economic decline, not recovery, Obama's latest announced job creation program as bogus as his April 2009 $787 billion stimulus. At the time, Treasury Secretary Tim Geithner said, besides bailing out Wall Street, it would create millions of jobs and get credit flowing again.
Friday, September 10, 2010
Death of Luxury Consumer Brands Postponed Indefinitely / Economics / Economic Recovery
By: Pravda
Luxury has survived the crisis, experts say. The death of luxury brands market is postponed indefinitely, and the survivors recovered faster than the more modest brands. Over seven months, the growth in retail turnover, according to Rosstat, was up 4%, and the Russian luxury market can be expected to grow by 5-10% already this year.
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Sunday, September 05, 2010
Population and Productivity Fundemental Drivers for Economic Growth / Economics / Economic Recovery
By: John_Mauldin
Let's Look at the Rules
Six Impossible Things
Killing the Goose
This week you will get a kind of preview as this week's letter. I am desperately trying to finish the first draft of my book and am one chapter away from having that draft. I have promised my editor (Debra Englander) that she would see a rough draft next week, and the final version will be delivered on the last day of September. More on that process for those interested at the end of the letter. But this week's letter will be part of what will probably be the 4th or 5th chapter, where we look at the rules of economics.
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Friday, August 27, 2010
Two Ways to Tell if the U.S. Economy is Ready to Rebound / Economics / Economic Recovery
By: Money_Morning
Shah Gilani writes:
The U.S. economy has been crippled by the financial crisis. And regardless of what policymakers try to do to spur growth, it will hobble along lamely until two major economic pillars are rectified.
Simply put, there's no chance that stock investors will see a healthy, long-term bull market until credit again begins to flow freely and home prices start rising.
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Monday, August 23, 2010
Obama's Economic Recovery Hits a Snag / Economics / Economic Recovery
By: Mike_Whitney
Barack Obama's "Recovery Summer" tour has turned into a public relations disaster. The whole idea of claiming "mission accomplished" over the recession was wacky from the very beginning. It just shows how out of touch with reality Obama's economics team really is. These guys need to stop pouring over their own rosy projections and get out more. The recovery hasn't reached "escape velocity" as economics czar, Lawrence Summers boasted earlier in the year. That's baloney. The economy is headed for the shi**er and the prospects of a another slump loom larger than ever.
Wednesday, August 18, 2010
Welcome to the Muddle Ages of the U.S. Economic Recovery / Economics / Economic Recovery
By: EconGrapher
Before diving into the analysis, a theme occurred to me the other day; more and more the economic data from the US is looking confused. There are some parts of the economy that are showing some relatively promising signs e.g. manufacturing, but then there are other parts (e.g. consumers, housing, etc) which say - "you know, this recovery... it's not that great, things are still hard!" And thus we are at the muddle ages of the post-great-recession recovery. And so, I was just looking at the US total bank assets statistics, and there were a few noteworthy standouts in the data:
Friday, August 13, 2010
U.S. Economic Recovery, Only It Didn’t / Economics / Economic Recovery
By: Andy_Sutton
The powers that be are now starting to be shown what should be a very important lesson in the old saying: “You can fool all of the people some of the time and you can fool all of the people some of the time, but you can’t fool all of the people all of the time”. For a year and a half now, starting at a rather well defined point in time during early March 2009, the govermedia switched gears and pronounced that the shattered American economy was in recovery.
Friday, August 13, 2010
Foreign Economic Growth Could Bail Out the U.S. Economy / Economics / Economic Recovery
By: Money_Morning
Martin Hutchinson writes: During a period of increasingly worrisome headlines about the U.S. economy, there is one bright spot. The rest of the world appears to be doing much better than we are.
In the long run, that's good news for the United States. Rapid world growth will eventually rekindle the economic fires here, producing a growth that is more balanced than the bubbles of 1995-2008.
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