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37 hours ago

ISM® Services Index Increased to 51.6% in April

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a story from Calculated Risk › Calculated Risk

(Posted with permission). The ISM® Services index was at 51.6%, up from 50.8% last month. The employment index increased to 49.0%, from 46.2%. Note: Above 50 indicates expansion, below 50 in contra…

6 days ago

BEA: Real GDP decreased at 0.3% Annualized Rate in Q1

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a story from Calculated Risk › Calculated Risk

From the BEA: Gross Domestic Product, 1st Quarter 2025 (Advance Estimate)
Real gross domestic product (GDP) decreased at an annual rate of 0.3 percent in the first quarter of 2025 (January, February…

14 days ago

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23 days ago

Rightwing populists will keep winning until we grasp this truth about human nature | George Monbiot

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a story from The Guardian › International

Economic inequality breeds resentment and a desire to get even. That’s what fuels support for even incompetent regimes

“He’s really gone and done it this time. Now everyone can see what a disaster he …

33 days ago

ISM® Services Index Decreased to 50.8% in March; Employment Index Declined Sharply

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a story from Calculated Risk › Calculated Risk

(Posted with permission). The ISM® Services index was at 50.8%, down from 53.5% last month. The employment index decreased to 46.2%, from 53.5%. Note: Above 50 indicates expansion, below 50 in cont…

35 days ago

Economic Tailwinds and Headwinds

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a story from Calculated Risk › Calculated Risk

After the election in November 2016, I pointed out that the economy was solid, that there were significant economic tailwinds and that it was unlikely that Mr. Trump would do everything he said durin…

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