Category Archives: US economy

This category considers blogs that specifically analyse the US economy.

US labour market remains fairly robust

Last week’s (January 4, 2019) release by the US Bureau of Labor Statistics (BLS) of their latest labour market data – Employment Situation Summary – December 2018 – showed that total non-farm payroll employment rose by 312,000 and the unemployment … Read the rest of this entry »

Posted in Labour Force, US economy | 2 Comments

The so-called euro stability spawned banking system that caused havoc

In yesterday’s short blog post – Some Brexit dynamics while across the Channel Europe is in denial (January 2, 2019), I noted that various European Commission officials were boasting about how great the monetary union had been over the last … Read the rest of this entry »

Posted in Britain, Central banking, Eurozone, UK Economy, US economy | 7 Comments

US Federal Reserve decision exposes moral bankruptcy and incompetence

On December 19, 2018, the Federal Reserve Bank Open Market Committee (FOMC), which determines the monetary policy settings in the US, increased the policy interest rate by 25 basis points to 2.5 per cent, as part of its plan to … Read the rest of this entry »

Posted in Britain, Central banking, Japan, National Accounts, UK Economy, US economy | 19 Comments

US labour market moderated in November and considerable slack remains

Last week’s (December 7, 2018) release by the US Bureau of Labor Statistics (BLS) of their latest labour market data – Employment Situation Summary – November 2018 – showed that total non-farm payroll employment rose by 155,000 and the unemployment … Read the rest of this entry »

Posted in Climate change, Labour Force, US economy | 3 Comments

US labour market continues to improve but questions remain

Today is the mid-term elections in the US and it seems that the media is focused on how many seats the Democrats will win. As a progressive this doesn’t particularly interest me much given that the claims the Democrats have … Read the rest of this entry »

Posted in Labour Force, US economy | 4 Comments

US growth robust but doubts remain

Last Friday (October 26, 2018), the US Bureau of Economic Analysis published their latest national accounts data – Gross Domestic Product, 3rd quarter 2018 (advance estimate) , which tells us that the annualised real GDP growth rate for the US … Read the rest of this entry »

Posted in National Accounts, US economy | 9 Comments

Left-liberals and neoliberals really should not be in the same party

This week’s theme seems to be the about how the so-called progressive side of the economic and political debate keeps kicking ‘own goals’ (given a lot of this is happening in Britain where they play soccer) or finding creative ways … Read the rest of this entry »

Posted in Demise of the Left, Eurozone, Fiscal Statements, Framing and Language, Reclaim the State, UK Economy, US economy | 35 Comments

Progressive political leadership is absent but required

One of the themes that has emerged in the discussions of the British Labour Party Fiscal Credibility Rule (which should be renamed the Fiscal Incredulous Rule) is when is the right time for a political party to show leadership and … Read the rest of this entry »

Posted in Demise of the Left, Music, Politics, Reclaim the State, US economy | 45 Comments

US labour market improves but GFC residue remains

On October 5, 2018, the US Bureau of Labor Statistics (BLS) released their latest labour market data – Employment Situation Summary – September 2018 – which showed that total non-farm employment from the payroll survey rose by only 134,000. The … Read the rest of this entry »

Posted in Labour Force, US economy | 8 Comments

Fiscal space has nothing to do with public debt ratios or the size of deficits

The Project Syndicate is held out as an independent, quality source of Op Ed discussion. When you scan through the economists that contribute you see quite a pattern and it is the anathema of ‘independent’. There is really no commentary … Read the rest of this entry »

Posted in Central banking, Debriefing 101, Fiscal Statements, US economy | 34 Comments