EconoMonitor

Ed Dolan's Econ Blog

Archive for October, 2014

  • US GDP Grows 3.5 Percent in Q3 for Best Six-Month Gain of the Recovery

    The Bureau of Economic Analysis reported today that US GDP grew at a 3.5 percent annual rate in the third quarter of 2014. Combined with the strong 4.6 percent showing in Q2, the six-month average of 4.05 percent is the best half-year performance of the recovery. Even including the 2.1 percent annual rate of decrease […]

    More ›

  • Five Reasons Not to Fear Deflation: Which Ones Make Sense?

    In a post earlier this week, I explained why a majority of economists fear deflation. They argue that deflation disrupts the operation of financial markets and labor markets in a way that risks touching off a downward spiral. At the same time, they say, deflation weakens the power of monetary policy to reverse the downward […]

    More ›

  • Why Should Europe (or Anyone Else) Fear Deflation?

    This is the first of a two-part series on deflation, which continues with “Five Reasons Not to Fear Inflation: Which Ones Make Sense?” This additional post updates the euro deflation story through December 2014 and discusses the impact of oil prices on deflation in Europe. Europe is fearful as it teeters on the brink of […]

    More ›

  • The Economic Future (if Any) of “Novorossiya”

    Last May, I posted an item on the economic situation in the rebellious regions of Eastern Ukraine, or “Novorossiya” (New Russia), to use the term increasingly favored by separatists and  their Russian sponsors. Novorossiya was the name of a province of Tsarist Russia that occupied much of the southern part of present-day Ukraine, stretching all […]

    More ›

  • Strong Job Growth, Big Revisions Send US Unemployment Below 6 Percent

    The US unemployment rate fell to 5.9 percent in September, dropping below 6 percent for the first time in more than six years. The decrease was powered, in part, by strong growth of payroll jobs. Payroll jobs increased by 248,000 in September, well above the average for the year to date. In the same report, […]

    More ›

Most Read | Featured | Popular