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MOSLER'S LAW: There is no financial crisis so deep that a sufficiently large tax cut or spending increase cannot deal with it.

Archive for February 5th, 2008

2008-02-04 US Economic Releases

Posted by WARREN MOSLER on 5th February 2008

small-2008-02-04-challenger-job-cuts-total.gif

Challenger Job Cuts Total (Jan)

Survey n/a
Actual 74,986
Prior 44,416
Revised n/a

A volatile number that has been showing low levels of layoffs and not given much weight either way.

2008-02-04 Factory Orders Total

Factory Orders (Dec)

Survey n/a
Actual 441,566
Prior 431,489
Revised n/a

Another strong number - no sign of recession here.

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