

Industrial Production Finally Sets New Records
J: On January 17 the Board of Governors of the Federal Reserve System told us that total industrial production in the US hit a record...


Best Christmas Shopping Season Ever*
J: On December 14, the Census Bureau absolutely blew away all analysts, forecasters and undoubtedly most retail executives with its...


Something Is Afoot in the Fiscal Follies
J: Congress surprised most analysts by passing a Continuing Resolution (CR) yesterday to avert a partial government shutdown that would...


US Economy Is Gaining Momentum
J: In an amazing and surprising development for most economic forecasters (but not me), the US economy has picked up speed in nearly all...


GIC Meeting Gleanings
L: The GIC is the Global Interdependence Center, which is a non-profit based in Philadelphia that encourages the expansion of global...

GDP Pace Surprises Everyone
L: Jim wrote this a few days ago, but then our trip to Arkansas intervened (all our trips are business+pleasure) so I'm posting it late....


A Minor Miracle in Congress
J: On October 26 the House of Representatives voted 216-212 to pass a Budget Resolution. All the votes in favor were from Republicans. ...


Consumers Are Enthusiastically Spending
J: By far the longest-running survey of the way that consumers feel about their economic position and the future are those that have...
JFS in the WSJ Again
L: Jim is a member of the economic survey panel of The Wall Street Journal. As part of that survey there are opportunities to add...

ISM Indices Suggest US Economic Growth Is Accelerating
J: The Institute for Supply Management (ISM) in Tempe, AZ gave us two phenomenally strong pieces of good news this week. On Monday,...