The Radford Free Press – Page 324 – All life is problem solving.

Economics / construction, ISM Business Conditions Index, recovery, unemployment, wages /

More [Fairly] Good News

February 1, 2011

So far we have managed to avoid reducing the size of our economy in the name of austerity. That makes us better off than the UK where the government decided, for reasons best known only to itself, to make everything much smaller. In view of the news so far this week we may even be […]

Commentary, Economics / bailouts, bank reform, banking, Davos, Du Pont, jobs, JP Morgan Chase, recovery, unemployment /

I Lost My Ticket To Davos

January 31, 2011

That’s obviously why I wasn’t there. No? Well how about this: I am a pleb. Sorry about that, I have no right to think that people like me would have anything of importance to say in the presence of such an august and all knowing group. So I never deserved a ticket. Did I say […]

Economics / consumption, deficits, exports, GDP, imports, inventories, non-residential investment, recession, recovery, residential investment, stimulus, unemployment /

GDP: Good or Fair?

January 28, 2011

The initial reaction to today’s GDP report has to be positive. The economy grew at an annual rate of 3.2% in the fourth quarter of 2010, up from a revised 2.6% during the third quarter. So the recovery seems secure and well on track. Here is my usual breakdown of the parts of the economy […]