Browsing Tag

Jobs

Another Perfect Recession Indicator

Barry Ritholtz at the Big Picture is on to something. He has found A Perfect Recession Indicator. Since 1953, when year-over-year Non-Farm payrolls have gone negative, there has been a recession. This happened nine out of nine times for…

US Recession Signals

The U.S. has been flashing red regarding recession for some time despite the naysayers.First, let me define recession because you usually hear that it's two consecutive quarters of a decline in real GDP. Not exactly. The National Bureau…

Last week’s employment numbers

As with the GDP numbers last week, the employment numbers were very dubious indeed. The headline number was still a loss of 20,000 jobs. However, the detail point to likely revisions much beyond that number when more exact data have been…

Spain’s problems

There was heavy overbuilding in Spain as the global housing bubble caught fire there these past years. Now, Spain's bubble has burst and it is having dire economic consequences. The Spanish National Statistics Office released the most…

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More