The latest U.S. economic indicators have taken a favorable turn.
Category Archives: autos
Current economic conditions
The U.S. economy experienced disappointingly weak growth in the third quarter. Data coming in during the last week suggest that the fourth quarter is starting out a little better. But it doesn’t look to me as much better as some accounts in the financial press might lead you to believe.
Autos, housing, and the business cycle
Here I offer some observations on what’s been holding back the recovery.
Slow growth continues
The stock market has looked scary. But economic indicators suggest U.S. growth is continuing.
Current economic conditions
The economic data arriving during the last week have been deeply discouraging, though are slightly less grim than some may have been concluding.
Assessing the damage
We finally get our debt-ceiling deal, only to watch the S&P500 fall 3.7% from Thursday’s close. What gives?
Hanging in there
Higher oil prices slowed the economy in the first half of this year. But I don’t expect things to get a whole lot worse.
Chinese oil demand
Stuart Staniford notes that the number of trucks and passenger vehicles in China has been growing at about 23% each year.
A weakening economy
Incoming data over the last two weeks paint a consistent picture that the U.S. economy, which had been growing at a disappointingly slow rate, has weakened further.
Will high oil prices bring a new recession?
Ten of the 11 recessions in the United States since World War II have been preceded by an increase in oil prices. Does the recent surge in oil prices mean we should be looking for recession number 12?