Tag: economy

Industrial Production, Down 5th Month, Weaker Than Economist Expectations
May 15, 2015 0

Industrial Production, Down 5th Month, Weaker Than Economist Expectations

By News Desk

Industrial Production, Down 5th Month, Weaker Than Economist Expectations Industrial production came in at -0.3%, down for the fifth consecutive month below the Bloomberg Consensus Estimate . Industrial production is stalling, down 0.3 percent in April for a 5th straight monthly contraction. Factories are cutting back with capacity utilization down 4 tenths to 78.2 percent

Why Jim Hansen Worries
May 5, 2015 0

Why Jim Hansen Worries

By News Desk

Tweet Back in 1988, in the original GCM, Hansen summarized the situation going forward.  The most important part of this figure is that grey band, and the implication that the world would soon enter that region, as indeed it has.  The top end of the gray Eemian is well below 2 C  pre-industrial, something that scared Hansen thirty years ago, because he knew what that meant for the world

Real Q1 GDP 0.2% vs. Consensus 1.0%; Disaster in the Details
April 29, 2015 0

Real Q1 GDP 0.2% vs. Consensus 1.0%; Disaster in the Details

By News Desk

Let’s dive into the First Quarter 2015 (Advance Estimate) report for details. The increase in real GDP in the first quarter primarily reflected positive contributions from personal consumption expenditures (PCE) and private inventory investment that were partly offset by negative contributions from exports, nonresidential fixed investment, and state and local government spending