NOAA: “No Slowdown in Global Warming”

From NOAA:

“Adding in the last two years of global surface temperature data and other improvements in the quality of the observed record provide evidence that contradict the notion of a hiatus in recent global warming trends,” said Thomas R. Karl, L.H.D., Director, NOAA’s National Centers for Environmental Information. “Our new analysis suggests that the apparent hiatus may have been largely the result of limitations in past datasets, and that the rate of warming over the first 15 years of this century has, in fact, been as fast or faster than that seen over the last half of the 20th century.”

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A Parsimonious Error Correction Model of Kansas Economic Activity

Or “Kansas macro crash…and burn”

Patrick Marvin argues that Kansas is doing fine, and the tax cuts just need a bit more time to kick in to spur the economy. My reading of the data and estimates suggest otherwise.

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Figure 1: Coincident index for Kansas, March release (dark blue), April release (bold teal). Dark blue triangle (solid teal box) denote corresponding forecasts from March and April releases of leading indices. Source: Philadelphia Fed (coincident), Philadelphia Fed (leading), and author’s calculations.

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