Monthly Archives: February 2013

it’s been a pretty slow week for economic data, and the major releases of the consumer and producer prices indexes, which were closely watched for inflation a decade ago, were greeted with a collective yawn and very little coverage; probably … Continue reading →

there has been no obvious movement towards a resolution of the sequestered budget cuts which are set to go into effect March 1st and which would meat-ax between 5% & 8% from every government program and department except for social … Continue reading →

there was quite a bit of buzz this week with the release of the CBO’s (Congressional Budget Office) latest annual tome “The Budget and Economic Outlook: Fiscal Years 2013 to 2023” (77pp pdf; html summary here); there’s always a notable … Continue reading →

the major economic news of the week was that the US economy shrunk in the 4th quarter for the first time since the second quarter of 2009, albeit by a minuscule tenth of a percent at an annual rate; according … Continue reading →