Posted by Sada Mosler on March 27th, 2008
GDP Annualized (4Q F)
Personal Consumption (4Q F)
Revised up to a very respectable number. And income remains positive, and employment is at high levels.
GDP Price Index (4Q F)
A bit better than previously reported, but prices have subsequently gone much higher.
Core PCE QoQ (4Q F)
The Fed is more concerned about this and the evidence food and energy is getting passed through from headline to core measures.
Initial Jobless Claims (Mar 22)
Continuing Claims (Mar 15)
The jobless recovery that morphed into the full employment recession now appears to be over with todayÃƒÂ¢Ã¢â€šÂ¬Ã¢â€žÂ¢s jobless claims numbers leaning in the same direction as other data released earlier this week.
That does not mean the issues with the financial sector are all behind us – far from it.
It does mean the real economy has figured out how to move on with whatÃƒÂ¢Ã¢â€šÂ¬Ã¢â€žÂ¢s left of the financial sector.
Help Wanted Index (Feb)