Hard hitting global and local news
Hard hitting global and local news
Read More: Did Birth/Death Revisions Distort Friday’s +288,000 Jobs Number? Reflections on BLS Competence
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Read the article: Pending Home Sales Rise First Time in 9 Months, Down 7.9% From Year Ago
Via email, Ben VanMetre at the Illinois Policy Institute mentions huge tax hikes that Progressives are angling for.
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China Manufacturing Output and New Orders Contract Once Again Chinese manufacturing remains in contraction for 2014. Output and new orders were down for the 4th consecutive month, but at a slightly reduced pace according to the HSBC Flash China Manufacturing PMI .
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Despite a falling Yen, Japan Posts Largest-Ever Trade Deficit . The gap between the value of Japan’s exports and that of its imports grew by more than two-thirds in the 12 months through March, to Y13.7tn ($134bn), according to government data released on Monday.
View post: Austerity In Spain? Where? Public Debt Threatens to Exceed 100% of GDP in 2014