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

– July 14, 2020

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.

– July 9, 2020

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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Everyday prices

Lockdowns Drive Up Everyday Prices in May

– June 10, 2020

AIER’s Everyday Price Index rose 0.3 percent in May, pushed higher by groceries, alcohol, and take-out.

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Business Conditions Monthly

Hitting Bottom: AIER’s Leading and Roughly Coincident Indicators Indexes Drop to 0

– June 8, 2020

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

– May 21, 2020

“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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EPI

Everyday Price Index Falls for a Third Month in April

– May 12, 2020

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

– May 11, 2020

AIER’s Leading and Roughly Coincident Indicators indexes drop to 33, reflecting the economic devastation.

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April 2020 Business Conditions Monthly

– April 13, 2020

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

– April 10, 2020

AIER’s Everyday Price Index fell 0.7 percent in March on a drop in motor fuel prices.

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EPI

Gasoline Offsets Food and Apparel in February EPI

– March 11, 2020

AIER’s Everyday Price Index fell 0.2 percent in February as energy offset food and apparel.

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