Re:Ten Years of Bootstrapping: Lessons Learned
by nhebb on Friday September 06, 2013 @12:15AM
(#6338627)
The U6 unemployment rate is more indicative of the current state of the economy: http://research.stlouisfed.org/fred2/series/U6RATE
Re:Ten Years of Bootstrapping: Lessons Learned
by bubbleRefuge on Thursday September 05, 2013 @07:20PM
(#6337787)
GDP revised down dramatically in Q1. Q2 revised up to 2.5% on inventory growth and export growth very one-offish events. Q2 consumption part of GDP lower that Q1. With Fed induced spike in interest rates, mortgage apps are way down and housing sales figures are cooling fast. Emerging market currencies are being routed. Europe continues to languish. Employment is a lagging indicator.
http://data.bls.gov/timeseries/LNS14000000