Econ Blog

your daily dose of economic commentary

Is It Seasonal Adjustment?

1181. Is It Seasonal Adjustment?

An argument that employment numbers may not be significantly affected by seasonal adjustments, supported by various data comparisons and analyses of nonfarm payroll statistics.

1182. Federal Statistics and False Economies

An argument that declining federal budgets for statistical agencies undermines the quality and availability of essential data for policymakers and the public.

Trump's tariffs are (still) coming

1183. Trump's tariffs are (still) coming

An argument that new tariffs announced by Trump may impact job growth and provoke political consequences, including the dismissal of a government agency head.

Downside Surprise in Employment Levels

1184. Downside Surprise in Employment Levels

The post discusses disappointing employment data for July, indicating a potential slowdown in the labor market and its implications for economic trends and monetary policy.

The Meaning of a Weak Jobs Report

1185. The Meaning of a Weak Jobs Report

Paul Krugman discusses the impact of Trump's tariffs and uncertainty on the jobs report, emphasizing the economic slowdown and its misinterpretation in political contexts.

Corporation for Public Broadcasting says it's shutting down

1186. Corporation for Public Broadcasting says it's shutting down

The Corporation for Public Broadcasting announces its shutdown due to the loss of federal funding following a law signed by the President.

Diocletian, the Roman Empire, and Forever Failing Price Controls

1187. Diocletian, the Roman Empire, and Forever Failing Price Controls

The post discusses the economic turmoil in the Roman Empire during Diocletian's reign, focusing on failed price controls and the consequences of inflationary policies.

Dropping treated units from the control, or what does Justin Bieber have to do with avoiding vanilla TWFE?

1188. Dropping treated units from the control, or what does Justin Bieber have to do with avoiding vanilla TWFE?

An argument that discusses the importance of design choices in causal inference, particularly the implications of dropping treated units from control groups in difference-in-differences analysis.

Construction Spending Decreased 0.4% in June

1189. Construction Spending Decreased 0.4% in June

Bill McBride discusses a decrease in overall construction spending in June 2025, highlighting trends in private and public construction expenditures.

How you're using AI at work

1190. How you're using AI at work

The discussion focuses on the various ways AI is utilized in the workplace, highlighting its positive and negative aspects.

The Tragedy of India’s Government-Job Prep Towns

1191. The Tragedy of India’s Government-Job Prep Towns

Alex Tabarrok discusses the economic and social implications of India's government job preparation culture, highlighting its inefficiencies and the disillusionment of educated youth.

Trump/Brazil: Delusions of Grandeur Go South

1192. Trump/Brazil: Delusions of Grandeur Go South

An argument that Trump's tariffs on Brazil reflect his misunderstanding of trade power and legality, revealing delusions about the effectiveness of his trade policies.

1193. ISM® Manufacturing index Decreased to 48.0% in July

The post discusses a decrease in the ISM manufacturing index, indicating ongoing contraction in the manufacturing sector and highlighting various related economic indicators.

Why does everyone still hate the Democrats?

1194. Why does everyone still hate the Democrats?

An argument that explores the declining favorability of Democrats compared to Republicans, attributing it to dissatisfaction among leftists and broader public trust in GOP on key issues.

Stock markets drop as Trump unleashes new round of global tariffs

1195. Stock markets drop as Trump unleashes new round of global tariffs

Rafael Nam discusses the stock market decline following Trump's announcement of new tariffs and the implications of a disappointing jobs report on the economy.

Comments on July Employment Report

1196. Comments on July Employment Report

The July employment report revealed disappointing job numbers, declining participation rates, and rising unemployment, indicating a weak labor market overall.

Trump calls for firing of senior Labor official after job market weakens in July

1197. Trump calls for firing of senior Labor official after job market weakens in July

Scott Horsley discusses the weakening job market and rising unemployment as a consequence of Trump's tariffs.

July Employment Report: 73 thousand Jobs, 4.2% Unemployment Rate

1198. July Employment Report: 73 thousand Jobs, 4.2% Unemployment Rate

Bill McBride discusses the July employment report, highlighting job changes, unemployment rates, and revisions to previous months' data.

Trump sets new tariff rates and deadlines. And, rabbis speak out on starvation in Gaza

1199. Trump sets new tariff rates and deadlines. And, rabbis speak out on starvation in Gaza

New tariff rates affecting over 65 countries are introduced, while a significant number of rabbis condemn the humanitarian crisis in Gaza.

1200. Guest Contribution: “Trump’s Taylor Rule”

Menzie Chinn discusses Donald Trump's criticisms of the Federal Reserve and the implications for central bank independence and monetary policy.