Category Archives: US economy

This category considers blogs that specifically analyse the US economy.

US labour market – some improvement but still soft

Last week (June 8, 2016), the US Bureau of Labor Statistics published the latest – Employment Situation – June 2016 – and the data shows that “Total nonfarm payroll employment increased by 287,000 in June, and the unemployment rate rose … Read the rest of this entry »

Posted in Labour Force, US economy | 2 Comments

ECB research shows huge output gap and need for fiscal expansion

Last week, I reported on some claims by Australian private sector economists that the Australian government was deplete of policy tools (“run out of ammunition” was the cute term used among these self-serving characters) and would not be able to … Read the rest of this entry »

Posted in Britain, Central banking, Eurozone, UK Economy, US economy | 5 Comments

Bias toward low-wage job creation in the US continues

Last Friday (June 6, 2016), the US Bureau of Labor Statistics (BLS) released the latest – Employment Situation Summary – May 2016. I analysed that data release in this blog – The US labour market continues to weaken. The message … Read the rest of this entry »

Posted in US economy | 8 Comments

The US labour market continues to weaken

Last week (June 3, 2016), the US Bureau of Labor Statistics published the latest – Employment Situation – May 2015 – and the data shows that “nonfarm payroll employment changed little (+38,000)” in May, while the “unemployment rate declined by … Read the rest of this entry »

Posted in US economy | 3 Comments

The US government view of the 1976 sterling crisis

This blog continues the discussion of the British currency crisis in 1976. Today we discuss the way the US government was constructing the crisis. They had previously seen Europe in terms of military and political threats and had clearly developed … Read the rest of this entry »

Posted in Demise of the Left, IMF, UK Economy, US economy | 1 Comment

The Wall Street-US Treasury Complex

Today I am in Barcelona, Spain after travelling from Trujillo (in the western part of Spain). Today’s blog continues the analysis I have been providing which aims to advance our understanding of why the British government called in the IMF … Read the rest of this entry »

Posted in Britain, Demise of the Left, IMF, UK Economy, US economy | 6 Comments

The metamorphosis of the IMF as a neo-liberal attack dog

Today I am in Granada, Spain having an interesting time. Nothing public to report. I will be here until Thursday morning upon which I travel back to Madrid and the public events begin (see below). Today’s blog continues the analysis … Read the rest of this entry »

Posted in Britain, Debriefing 101, IMF, UK Economy, US economy | 6 Comments

US economy – slowing down – fiscal stimulus needed

Last week (March 25, 2016), the US Bureau of Economic Analysis released their ‘Third Estimate’ of – Gross Domestic Product, 4th quarter 2015 – which showed that the US economy slowed rather appreciably in the last three months of 2015. … Read the rest of this entry »

Posted in US economy | 16 Comments

US labour market weaker now

Last week, the US Bureau of Labor Statistics (BLS) released the latest – The Employment Situation – February 2016 – and the data shows that “Total nonfarm payroll employment rose by 242,000 in February, and the unemployment rate was unchanged … Read the rest of this entry »

Posted in US economy | 5 Comments

Democrats in glass houses – you know the rest!

So-called US ‘progressive’ economists arena flap at the moment after Gerald Friedman, an academic economist at UMass released a report on January 28, 2016 – What would Sanders do? Estimating the economic impact of Sanders programs – which suggested that … Read the rest of this entry »

Posted in US economy | 11 Comments