recovery

From The Consumer Metrics Institute On July 30th the Bureau of Economic Analysis ('BEA') released its "advance" estimate of the annualized growth rate of the U.S. Gross Domestic Product ('GDP') during the 2nd quarter of 2010. Per…

How strong is the global recovery? The recovery seems slowest in Greece and the bubble countries (US, UK, Ireland, Spain). It’s pretty poor in Eastern Europe too. It is better in the rest of Western Europe. A good deal better in Australia…

Karl Case, an economics professor at Wellesley College and co-creator of the S&P/Case-Shiller home-price index, discusses the U.S. housing market with Tom Keene and Ken Prewitt. The S&P/Case-Shiller index of property values…

In a post via John Mauldin, Van Hoisington and Lacy Hunt echo some themes CW presented in January regarding why the NBER has waited to declare an end to recession. See "Is the recession dating committee preparing for a double…

Frederick Sheehan is the author of Panderer to Power: The Untold Story of How Alan Greenspan Enriched Wall Street and Left a Legacy of Recession  (McGraw-Hill, 2009). There is no end of economists, analysts, and reporters filling the…

Topic of the day: Bullish data 30-year mortgage rate edges down to new low | Los Angeles Times Delinquent loans: Americans missing fewer loan payments, banking group says - latimes.com First-time unemployment claims drop by 21,000…

There's a reason economics is called the dismal science, and weeks like this just give it further meaning. In economics, there is what you see and what you don't. This week we are going to examine the headline data we all see and then take…

This comes via Economix: The writers there have a two related pieces (with equally revealing charts) that I recommend reading: Bleak Outlook for Long-Term Unemployed The Recovery Is Losing Steam I guess this is why they call…