Submitted by Businomics Blog
I was interviewed about this by Jim Blasingame.

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Submitted by Businomics Blog
The headline sounds like good news–”Home Sales Up”–but there is no joy in Mudville.

The “increase” was really a blip (in technical jargon).  In reality, sales are still low.
The “inventory” was said to have risen, but remember that the number of existing (not new) homes for sale is not the inventory.  The true […]

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Submitted by CARPE DIEM
Monthly US data on payroll employment, civilian employment, industrial production and the unemployment rate are used to define a recession-dating algorithm that nearly perfectly reproduces the NBER official peak and trough dates. The only substantial point of disagreement is with respect to the NBER November 1973 peak. The algorithm prefers September 1974. […]

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Submitted by CARPE DIEM
In Tennessee.
Updated, thanks to Anonyomous.
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Submitted by CARPE DIEM
One of the most interesting service you find on the street in Peru is the “llamadas”. It’s generally women or teenagers with a bundle of mobile phones and a stop-watch who act as human pay phones. They wear colorful clothes with mobile carriers brands (see photo above) and the “llamadas” logo (that […]

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Submitted by CARPE DIEM
If the former Soviet Union had not broken up, it would have dominated the medal count in the 2008 Beijing Olympics. If the USSR did not shatter into 15 different countries in the early 1990s, their medal count in Beijing would be staggering. As you can see in the chart below, the […]

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Submitted by CARPE DIEM
Most Recent Gallup Poll: Obama 45%, McCain 45%

Most Recent Intrade Odds: Obama 61.5%, McCain 38.4%
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Submitted by CARPE DIEM
Interesting graphic above showing voter turnout by age (click to enlarge), from Political Arithmetik. Note that voter turnout for the 60-70 year old group (about 70%) is about twice the 35-40% turnout for the 25-30 year old group.

The reason that might be important? The most recent Gallup weekly estimate shows […]

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Submitted by CARPE DIEM
The Economist.
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