EconoMonitor

Ed Dolan's Econ Blog

Archive for December, 2012

  • Latest Data Revisions Show Nominal GDP Gap Started to Close in Q3

    The third estimate of Q3 2012 US GDP came out on December 20, just as the holiday season was in full swing and as the limited public appetite for economic news was focused on the fiscal cliff. The report deserved more notice than it got. The Bureau of Economic Analysis revised its estimate of real […]

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  • Does Robert F. Kennedy, Jr. Harbor Green Illusions about Solar Power?

    Ozzie Zehner’s book Green Illusions calls our attention to the sometimes exaggerated claims that are made for alternative energy. Zehner sees these unrealistic ideas as widely shared in the mainstream environmental community. He maintains that they lead to the illusion that if we only muster the will to invest more in solar panels, windmills, and […]

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  • US CPI Drops Sharply in November; Inflation Expectations Remain Well Anchored

    U.S. Consumer price inflation, which has been unusually volatile over the past year, turned sharply negative in November. According to data released today by the Bureau of Labor Statistics, the all-items CPI fell at an annual rate of 3.7 percent during the month of November. That was the most rapid rate of decrease since the […]

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  • Green Illusions: The Limits of Alternative Energy

    Are solar, wind, and other alternatives the magic bullets that will solve the world’s environmental and energy problems? Take a closer look, says Ozzie Zehner in Green Illusions . Zehner not only argues that green energy has technological, environmental and economic limits, but also that without an appropriate policy context, some forms of alternative energy […]

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  • US Unemployment Drops to 7.7 Percent, Lowest Since January 2009; Payroll Jobs Continue Steady Rise

    The U.S. unemployment rate dropped to 7.7 percent in November, according to today’s data release from the Bureau of Labor Statistics. That was down 0.2 percent since October, and was the lowest rate reported since January 2009. Payroll jobs increased by 146,000 in the month, continuing a moderate but steady trend. The unemployment rate is […]

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  • US Unemployment Drops to 7.7%, Lowest Since January 2009, Payroll Jobs Continue Steady Rise

    The U.S. unemployment rate dropped to 7.7 percent in November, according to today’s data release from the Bureau of Labor Statistics. That was down 0.2 percent since October, and was the lowest rate reported since January 2009. Payroll jobs increased by 146,000 in the month, continuing a moderate but steady trend. The unemployment rate is the ratio […]

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