This week we received more evidence confirming that the U.S. economy has returned to positive, but still disappointing, growth.
Category Archives: autos
Do rising oil prices threaten the economic recovery?
Ten of the 11 recessions in the United States since World War II have been preceded by a sharp increase in the price of crude petroleum. Oil had been holding around $80/barrel over the last month, but traded as high as $87 last week, leading the Financial Times to ask whether oil could give the “kiss of death to recovery.” Here is how I would answer that question.
Looks good to me
Finally we’re starting to see some convincing indications of economic recovery.
Crawling forward
Another month of weakly improving auto sales.
Reactions to last week’s economic data
Here I offer some thoughts on last week’s numbers for employment, auto sales, and commodity prices.
More of the same
The U.S. economy continues to recover at a painfully slow pace.
Anemic recovery
Recent indictors continue to support the impression that we’re in the midst of a weak economic recovery.
Current economic conditions
The U.S. recovery is underway. But so far it doesn’t look as strong as we had been hoping.
Not much of a V
The latest auto and employment numbers paint a picture of an economic recovery that remains tepid and potentially fragile.
Car sales up, but for how long?
August auto sales provided the strongest signal of an economic rebound that we’ve seen yet. But August is so yesterday.