Philadelphia Fed revised coincident indices released today show the cumulative Minnesota-Wisconsin gap (since January 2011) has grown to 2.3% (as of February, in log terms).
Data Paranoia Watch: ACA Edition
Senator Barraso (Republican-Wyoming) follows in the fine tradition of Allen West in charging a conspiracy so vast…
Tight oil making a difference
Oil produced from tight formations in the United States inaccessible before the days of horizontal fracturing is now accounting for 4.3% of total global crude oil production, according to new estimates released by the EIA last week.
Faith and Econometrics: Minimum Wage Edition
Why bother with econometrics when revealed truth will do?
Some Macro Implications of a Minimum Wage Hike
With updates on the econometric debates on effects, and efficacy in targeting low income groups (3/30)
Minimal employment number impacts and minimal inflation impacts. But I am sure the resistance to having a greater share of income going to labor will continue.
Russia to Recession?
From Reuters:
Russia is at risk of recession as investors pull money out of the country, with growth likely to evaporate if capital outflows reach $100 billion, the head of its largest bank, state-owned Sberbank, said on Monday.
Graphs of key economic trends
Here are some graphs of economic data that illustrate some interesting trends.
Crimes and Punishments
How vulnerable to sanctions — official and market-driven — is Russia?
The Midwestern Laggard
Wisconsin continues to lag the other regional economies
Time for Some Traffic
Total vehicle miles driven in the United States have not re-attained pre-recession peaks.