The New York Times has an article in The Upshot today, which shows the yield curve over time in a nifty map. They also show the topography for yields in Germany and Japan.
“Wisconsin job creation rank falls to 38th in U.S.”
That’s the title of an article by John Schmid and Kevin Crowe in the Milwaukee Journal Sentinel today, based upon just-released state level data on the Quarterly Census of Employment and Wages (QCEW):
Wisconsin gained 27,491 private-sector jobs in the 12 months from September 2013 through September 2014, a 1.16% increase that ties Wisconsin with Vermont and Iowa at a rank of 38th among the 50 states in the pace of job creation during that period.
Short Term Implications of the House Budget
The CBO took at face value the revenue and spending levels in the House Budget, FY2016, and assessed the impact on GNP per capita (remember, this is not a score, as there are few details on specific provisions to hit the targets). The impact is shown in Figure 2 from the CBO.
Some Implications of the Dollar’s Rise
Currency appreciation will be a drag; this implies a policy of slower monetary tightening is in order
U.S. oil supply update
The EIA released a new drilling productivity report last week, allowing us to update our graph of the drilling rig count in the four major tight oil regions. Active rigs in those areas are now 32% below their peak last October, the lowest level in 3 years.
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2015 Econbrowser NCAA tournament challenge
It’s time to get ready for the world famous eighth annual Econbrowser NCAA tournament challenge, in which readers and friends of our blog are invited to demonstrate their skill (or luck) at predicting the outcome of the U.S. college mens’ basketball tournament. If you want to participate, go to the Econbrowser group at ESPN, do some minor registering to create a free ESPN account if you haven’t used that site before, and fill in your bracket some time between Sunday at 7:00 p.m. EDT and Thursday before noon.
The big question is whether anybody can beat Kentucky?
“For a few dollars more: Reserves and growth in times of crises”
This paper, coauthored with Matthieu Bussière (Banque de France), Gong Cheng (European Stability Mechanism), and Noëmie Lisack (EUI), is now published and online.
Guest Contribution: “Nowcasting Global GDP Growth”
Today, we are fortunate to present a guest contribution written by Laurent Ferrara (Banque de France, Head of the International Macro Division) and Clément Marsilli (Banque de France, Economist at the International Macro Division). The findings, interpretations, and conclusions expressed in this article are entirely those of the authors. They do not necessarily represent the views of the Banque de France.
Wisconsin Employment Surge “Benchmarked” Away
Wisconsin private nonfarm payroll employment only 112.6 thousands (45%) below Governor Walker’s goal of 250,000 net new jobs.
U.S. oil production still surging
The EIA is now reporting that U.S. field production of crude oil averaged almost 8.7 million barrels a day in 2014. That’s up 1.2 mb/d from 2013, and is only 0.9 mb/d below the all-time U.S. peak in 1970.
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