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Category Archives: Economic Data

Season to date : Normal season to date Everybody talks about the weather

Everybody Talks About the Weather

Posted on January 21, 2023 by Tony Lima

Everybody talks about the weather, so why should I be any different? I look at rainfall in the Bay Area this season. Results are encouraging. Continue Reading →

Posted in California Economy, Economic Data | Tagged Bay Area, California, drought, featured, rainfalll

Who’s Helping Ukraine?

Posted on December 23, 2022 by Tony Lima

Who’s helping Ukraine? Using data from the Ukraine Support Tracker, I estimate aid from the U.S., the rest of the world, and non-US NATO. Continue Reading →

Posted in Current issues, Economic Data | Tagged featured, foreign aid, Ukraine, Ukraine Support Tracker
Joey Politano Upcoming Changes to the CPI?

Two New Housing Price Indexes

Posted on December 21, 2022 by Tony Lima

Two new housing price indexes from BLS and the Cleveland Fed: New Tenant Repeat Rent Index (NTRRI) and All Tenant Repeat Rent Index (ATRRI), Continue Reading →

Posted in Current issues, Economic Data | Tagged Brian Adams, CPI, featured, Joey Politano, rent, repeat rent index
Marginal > Average Marginal and Average Explains Inflation Changes

Marginal and Average Explains Inflation Changes

Posted on December 13, 2022 by Tony Lima

The annualized month-to-month inflation (AMM) and the year over year rate (YOY) are the marginal and average. AMM > YOY, YOY should rise. Continue Reading →

Posted in Economic basics, Economic Data | Tagged average, featured, inflation, marginal
RTX and Third Quarter GDP

RTX and Third Quarter GDP

Posted on December 1, 2022 by Tony Lima

y hypothesis was that U.S. aid to Ukraine was recycled as purchases of U.S. weapons.  This is part 2 of my discussion of third quarter GDP. Continue Reading →

Posted in Economic Data, The state of the economy | Tagged featured, raytheon, raytheon missiles & space, rtx, third quarter gdp
Third quarter GDP

Third Quarter GDP

Posted on October 27, 2022 by Tony Lima

There’s a good chance that a lot of the increase in third quarter GDP was caused by U.S. government spending, specifically foreign aid. Continue Reading →

Posted in Economic Data, The state of the economy | Tagged adding up gdp, advance estimate, featured, gdp, government spending, inventory change, third quarter, Ukraine
Sept 7 2022 percentage supplied by all sources (except coal) Electricity in California

Electricity in California

Posted on September 12, 2022 by Tony Lima

This is the good, the bad, and the ugly of electricity in California. My case study is a typical day from the recent heat wave. Continue Reading →

Posted in California Economy, Economic Data | Tagged blackout, California, coal, electricity, featured, imports, natural gas, nuclear, renewables
Chart Description automatically generated

M1 and M2 Definitions Have Changed

Posted on September 7, 2022 by Tony Lima

The definitions of M1 and M2 changed in May, 2020. Edited September 7, 2022 to clarify that total M2 did not change because M2 includes M1. Continue Reading →

Posted in Current issues, Economic Data | Tagged featured, M1, M2, money supply definition
NAEP 8th grade science 2015 The State of U.S. Education in 2019: Comparing the States

The State of U.S. Education in 2019: Comparing the States

Posted on August 8, 2022 by Tony Lima

The state of U.S. education: test scores from the NAEP, spending from the Census Bureau, and a measure of state price levels from the BEA. Continue Reading →

Posted in Economic Data, Education issues | Tagged education, featured, NAEP, state comparisons, TIMSS
Business Cycles Dating Committee Members Does a Recession Really Have To Have 2 Consecutive Quarters of Negative GDP Growth

Does a Recession Really Have To Have 2 Consecutive Quarters of Negative GDP Growth?

Posted on July 26, 2022 by Tony Lima

Does a recession really have to have 2 consecutive quarters of negative GDP growth? No. The Business Cycles Dating Committee makes this call. Continue Reading →

Posted in Current issues, Economic Data | Tagged business cycles dating committee, featured, Michael R Strain, NBER, recession

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Economist Thoughts

TARIFF, n. A scale of taxes on imports, designed to protect the domestic producer against the greed of his customers. — Ambrose Bierce

“Everybody knows that once something is declared a right, the laws of supply and demand are automatically repealed.” – Ben Shapiro, podcast, September 4, 2018

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    Recent Posts

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    • Protected: Chronicle Article About U. Va Student Groups
    • The Gaetz Recession
    • Costco is Selling Gold
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    • Controversy About the October CPI November 26, 2023
      Did the health insurance component of the CPI really fall 34% between October 2022 and October 2023? That led me to a CPI controversy. Continue Reading →
      Tony Lima
    • Protected: Chronicle Article About U. Va Student Groups November 14, 2023
      There is no excerpt because this is a protected post.
      Tony Lima
    • The Gaetz Recession October 11, 2023
      Reducing the deficit to zero in 10 years will raise the debt to $43 trillion. And 8% real GDP per capita growth is the Gaetz recession. Continue Reading →
      Tony Lima
    • Costco is Selling Gold October 3, 2023
      I looked for price and cost. Costco sells 1 oz bars from Rand Refinery for $1,949.99. JM Bullion sells an equivalent for $1,874.81. Continue Reading →
      Tony Lima
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