by Jason Apollo Voss | 23 04 2010 | Blog
I was spending time with a loyal blog reader yesterday and he brought up what he felt was an economic anecdote conundrum. On one hand he was listening to a program that said that the Pittsburgh Pirates were struggling to fill their ballpark right now and that average...
by Jason Apollo Voss | 23 04 2010 | Blog
When economic data are reported in the press there are always experts who provide commentary on the data. One of my favorite ways of evaluating the state of things is to see if the pundits let economic data speak for itself or do they instead rationalize the...
by Jason Apollo Voss | 23 04 2010 | Blog
Yesterday saw the release of the data about the producer price index (PPI), a major gauge of inflation. In March the PPI was up 0.7% once adjusted for seasonality relative to the February figure. It is typical of inflation data to back out the effects of both food...
by Jason Apollo Voss | 23 04 2010 | Blog
Yesterday saw the initial jobless claims report from the Department of Labor. Claims fell by 24,000 to 456,000. More importantly, the four-week moving average of claims rose by 2,750 to 460,250. Analysis: While the corporate profit data and the official gross...
by Jason Apollo Voss | 22 04 2010 | Blog
Since the Obama administration has finally turned its attention away from healthcare reform and to financial industry overhaul legislation expect me to comment quite a bit about it. First, as I have said since my very first blog posting back in October 2008, the...
