681. Alternative Business Cycle Indicators
Menzie Chinn analyzes various alternative indicators of business cycles, focusing on transportation services, employment, and heavy truck sales trends.
your daily dose of economic commentary
Menzie Chinn analyzes various alternative indicators of business cycles, focusing on transportation services, employment, and heavy truck sales trends.
An argument that the political climate encourages violence, cautioning against assumptions about motives and the dangers of inflammatory rhetoric from both sides of the political spectrum.
Inflation increased in August, driven by higher prices for gasoline and groceries, with consumer prices rising 2.9% over the past year.
The post presents various year-over-year inflation measures for services, goods, and shelter, highlighting trends and changes in prices through August 2025.
David Folkenflik discusses NPR's appointment of Thomas Evans as news chief amid changes due to the end of federal funding for public media.
Robert Vienneau discusses the challenges of achieving societal harmony in the face of intolerance and inequality, emphasizing the need for a tolerant society to defend itself.
More than 300 South Korean workers detained for illegal employment in the U.S. are being repatriated on a chartered flight from Atlanta.
An argument that AI progress is bifurcated into immediate, limited improvements and slower, long-term advancements, challenging perceptions of stagnation in the field.
Financial advice is provided for college students on managing student loans, credit cards, and budgeting effectively.
Timothy Taylor discusses trends in US income inequality based on Census data, highlighting the rise in income concentration among the top quintile and educational disparities.
The post explores the economic concepts of cost and choice through Kiki's experiences in her delivery service, emphasizing implicit costs and the nature of scarcity.
Bill McBride discusses the 1.4% year-over-year increase in US home prices in July 2025, highlighting regional variations and market trends.
The post discusses teaching potential outcomes in causal inference, emphasizing its importance and the challenges students face in understanding the concept.
Paul Krugman discusses the failure of Trump's economic promises and the cult-like behavior of his supporters in denying the reality of economic data.
Bill McBride discusses the current housing market, highlighting increased inventory, declining sales, and projected year-over-year price decreases for existing homes by the end of 2025.
An argument that explores the concepts of absolute, intensive, and extensive rent within the context of non-competitive markets and their implications for agricultural and industrial capitalists.
Mortgage applications rose significantly, driven by declining rates and increased borrower demand, with notable growth in both purchase and refinance applications compared to previous weeks and last year.
The piece discusses Lachlan Murdoch's secure leadership role at News Corp. and Fox following a succession battle with his father.
Menzie Chinn discusses the interrelation between international trade and foreign direct investment, emphasizing their complementary nature in the context of trade policy uncertainty.
Menzie Chinn discusses the White House's misleading interpretation of benchmark revisions regarding job growth and the economy under Presidents Trump and Biden.