Modeling and Its Failures Issue
Harwood Economic Review Summer 2020 Table of Contents That’s One Way to End a LockdownAIER Staff SimCity-Style Modeling Flunks the Real-World TestPhillip W. Magness How Wrong Were the Models and Why?Phillip W. Magness Delayed Medical Procedures: Storie …
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Everyday Prices Surge on Food and Energy Gains in June
AIER’s Everyday Price Index jumped 1.2 percent in June, pushed higher by food and energy, the largest components in the index.
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AIER’s Leading and Roughly Coincident Indicators Indexes Remain at 0 in June.
While signs of rebound in some measures of economic activity have started to emerge, reinstatement of lockdown restrictions could smother the nascent recovery.
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Lockdowns Drive Up Everyday Prices in May
AIER’s Everyday Price Index rose 0.3 percent in May, pushed higher by groceries, alcohol, and take-out.
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Hitting Bottom: AIER’s Leading and Roughly Coincident Indicators Indexes Drop to 0
Despite the widespread devastation to the economy, there are a few statistics showing signs of modest rebounds, supported by the easing of restrictions placed on people and businesses.
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The Grim Future of Latin America After the Pandemic Outbreak
“Latin American leaders seem at least as likely to bolster their own power, while repressing basic liberties, as they are to mitigate the deleterious effects of the disease.” ~ Nicolas Cachanosky
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Everyday Price Index Falls for a Third Month in April
AIER’s Everyday Price Index fell 0.7 percent in April, the third consecutive decline, pushing the 12-month change to -1.7 percent.
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May 2020 Business Conditions Monthly
AIER’s Leading and Roughly Coincident Indicators indexes drop to 33, reflecting the economic devastation.
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April 2020 Business Conditions Monthly
Despite the continued modestly positive reading for the Leading Indicator index, the U.S. economy likely contracted in March, ending the longest U.S. economic expansion on record.
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Everyday Price Index Falls Amid COVID-19 Outbreak
AIER’s Everyday Price Index fell 0.7 percent in March on a drop in motor fuel prices.
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Gasoline Offsets Food and Apparel in February EPI
AIER’s Everyday Price Index fell 0.2 percent in February as energy offset food and apparel.
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