Business-Cycle Conditions

Tuesday, January 25th, 2011
Over at Coordination Problem, Steve Horwitz discusses his exchange with Gauti Eggertsson in regards to Eggertsson's claim that Roosevelt's policies led the U.S.
Wednesday, January 19th, 2011

December 2010: Percent of Leaders Expanding Drops to 91; Cyclical Score of Leaders Remains at 91
       

Wednesday, January 19th, 2011

January 2010: Percent of Leaders Expanding Increases to 90; Cyclical Score of Leaders Increases to 62
      
Despite improvements in the labor market and a rise in industrial production, record breaking debt continues to hold back the recovery.

Wednesday, January 19th, 2011

February 2010: Percent of Leaders Expanding Increases to 91; Cyclical Score of Leaders Increases to 63
       
The economy is showing signs of life, but a jumble of government proposals could thwart the recovery.

Monday, December 20th, 2010
"The sting of inflation is showing up in the emerging market economies, where rising food prices are stinging the consumer. (Oh sorry I forgot, food inflation isn't inflation!)
Wednesday, November 24th, 2010
"In 2003, the Federal Reserve Bank lowered the Fed funds rate down to 1.25%. This was the lowest level that the Fed funds rate had been since 1954. Again, the low interest rate gave birth to the housing and credit boom.
Monday, November 22nd, 2010
"The Fed has access to some of the best economists and analysts in the world, yet they still cannot make correct determinations on the state of the economy. In 2008, they continuously said we weren't in a recession, and there would be no recession.

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