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Econbrowser

Analysis of current economic conditions and policy

Have Wisconsin Inflation Adjusted Total Wages and Salaries Risen since 2021Q1?

Yes, using either Chained CPI, or East North Central CPI:

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This entry was posted on April 22, 2024 by Menzie Chinn.

Should Wisconsinites Trust the JEC-Republicans State Inflation Tracker?

I’m not sure what it brings to the debate (see PolitiFact Wisconsin,  WisconsinWatch).

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This entry was posted on April 21, 2024 by Menzie Chinn.

Real Median Household Income for March

From Motio Research:

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This entry was posted on April 21, 2024 by Menzie Chinn.

Wisconsin Economic Activity and Inflation

Latest employment, coincident indices:

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This entry was posted on April 20, 2024 by Menzie Chinn.

Business Cycle Indicators, Mid-April

Industrial production continues to rise, while February monthly GDP erased January’s decline.

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This entry was posted on April 18, 2024 by Menzie Chinn.

US-China Nominal GDP, Per capita GDP in PPP Terms

From IMF WEO:

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This entry was posted on April 18, 2024 by Menzie Chinn.

Higher for Longer, Illustrated

From Rashad Ahmed today:

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This entry was posted on April 18, 2024 by Menzie Chinn.

Best Proposed Amendment *Ever*

Filed today by Rep. Moskowitz:

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This entry was posted on April 18, 2024 by Menzie Chinn.

Different Measures of Consumer Prices

Since 2021M01, the CPI has risen 17.3% (log terms). By comparison, chained CPI and HICP have risen by approximately 16.5%. The PCE deflator has risen only 14.4% by March 2024 – but these are prices of goods and services produced, not of prices faced by consumers.

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This entry was posted on April 17, 2024 by Menzie Chinn.

NIIP and Primary Income: Dark Matter +20 vs. Exorbitant Privilege +40

Here’s a graph that I constructed, in preparing to teach the open economy component of Macro Policy:

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This entry was posted on April 17, 2024 by Menzie Chinn.

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Authors

James D. Hamilton is Professor of Economics at the University of California, San Diego

Menzie Chinn is Professor of Public Affairs and Economics at the University of Wisconsin, Madison

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Current Indicators

Econbrowser faces the data: (since Apr 30,2025)

Econbrowser recession indicator index: 11.7 (describes  2025:Q1)

The most recent U.S. recession began in 2020:Q1 and ended in 2020:Q2

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