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CEA Chair (Acting) Pierre Yared (NYT): … consumer prices would “go back down” once the war ended. That, he added, would relax pressure on families, who would see wages continue to...
The WSJ July survey is out: Figure 1: GDP (bold black), WSJ July survey mean (blue), FT-Booth June survey (light green square), WEO July (purple triangle), GDPNow of 7/8 (light blu...
Will people think things will get back to normal soon, per NEC Chair Hassett (fm ABC News)? “Well, look, in the end, people look at their wallets and they decide how to vote, and i...
Media headlines following the Bureau of Labor Statistics June jobs report, released July 2, were generally less than enthusiastic:
Christopher Chidzik is the principal economist at AMT, the Association for Manufacturing Technology.
From EconoFact: In-depth articles providing the context and background necessary to understand current economic policy challenges and the tradeoffs involved in tackling them. Fis...
From Kevin Hassett on Sunday’s Face the Nation: …let’s start with the [U.Michigan] consumer sentiment number, because that was a number that was very striking to me and to you. I k...
Beyond the optimistic headlines, some economists argue that the Canadian economy is barely scraping by
When entering debates about immigration, economists have often checked their credibility at the door.
WARREN, Ohio – Despite geopolitical conflicts, inflation concerns and market uncertainty, the U.S. economy remains resilient as consumer spending, business investment and a stable...
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Consider Germany over the last five years: Figure 1: German GDP (blue), and employment (red), both in logs, 2022Q3=0. Source: OECD via FRED, and author’s calculations. For the peri...
India’s economy is navigating a complex mix of global uncertainty, currency pressures, elevated oil prices, and shifting foreign capital flows. In this special edition of Easynomic...
POLAND, Ohio — Despite four major shocks in the past six years, the U.S. economy remains resilient, according to Olu Omodunbi, chief economist with Huntington Private Bank. Omodunb...
Economists say the bounce back in GDP should be enough to quiet recession talk, but not quite enough to move the Bank of Canada on interest rates
A surprise economic slump to start the year prompted forecasters to slash their expectations for Canada’s growth for 2026.
Today, we present a guest post written by Jeffrey Frankel, Harpel Professor at Harvard’s Kennedy School of Government, and formerly a member of the White House Council of Economic...
A new model that incorporates more real world factors than standard approaches finds that tariffs can do more damage than previously thought.
To this piece by Nick Hanauer and Eric Beinhocker in The Atlantic. For decades economists simply believed, based on no evidence, but only their assumptions, that equality and econo...
Personal income, consumption, slightly above consensus; manufacturing and trade industry sales (April), and 3rd release GDO: Figure 1: NFP employment (bold blue), civilian employme...
That is the title of a recent book by Beatrice Magistro. Some key results are: Economic knowledge consistently predicts higher support for welfare-enhancing policies (Eurozone mem...
Tons of politically motivated commentary in Canada about the implications of 2 consecutive quarters of negative GDP growth and a “technical recession” [1], even though it’s clear m...
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