Posted by Larry Doyle on September 7th, 2012 9:32 AM |
The September employment report was just released. Many analysts, economists, and political hacks will regurgitate the numbers 8.1 and 96k. These numbers represent respectively the current unemployment rate and the increase in non-farm payrolls.
While these numbers are of very real interest, they are not the most important number to gauge the health of our overall economy. What number is most important? 368k. What does that represent? (more…)
Posted by Larry Doyle on December 16th, 2011 7:54 AM |
Is that proverbial light around the bend merely another train coming the other way? Or utilizing another railroad analogy, can our economic caboose continue to chug along under the weight and duress of so much excess capacity and baggage?
Well, given the fact that I have limited trust in economic releases from our friends in Washington, let’s review a private survey of chief financial officers produced by Duke University, >>>> (more…)