Submit a Story!
links for 2009-11-03
NY Times Leonhardt: The Optimistic View - Calculated Risk Looking Past a Cloud of Pessimism as a Recession Ends - NYTimes.com Has there really been a housing boom? - Bluematter  ...
NY Times Leonhardt: The Optimistic View
calculatedriskblog.com — David Leonhardt at the NY Times gives "equal time" to a more optimistic outlook: Through a Glass... Less Darkly In the fall of 1982, with a long recession ending but the unemployment rate heading toward 10 percent, The New York Times ran an article ... (more) NY Times Leonhardt: The Optimistic View
A welcome GDP report
A welcome GDP report
econbrowser.com — The Commerce Department reported today that the seasonally adjusted real value of the nation's production of goods... and services grew at a 3.5% annual rate during the third quarter, a little better than the 3.2% average seen since 1947.  ... (more) A welcome GDP report
Old Time Recession (video)
Play
Old Time Recession (video)
youtube.com — Merle goes gospel. Visit http://www.merlehazard.com for more songs. (more) Old Time Recession (video)
Comments
Blog Reactions

Wednesday links: one year later
Abnormal Returns — ...   (Big Picture) Bloggers go to the Treasury.  Still no plan to really deal with TBTF.  (naked capitalism, Accrued Interest, Financial Armageddon, Aleph Blog, Across the Curve, Kid Dynamite) Why did Nobel Prize winners in Economics choose economics?  (Mostly Economics via Economist’s View) Why a high IQ does not necessarily make ...

Related Content
Is the Recession Over?
calculatedriskblog.com 7/15/2009 — Last night Merrill Lynch declared the recession over. From Tom Petruno at the LA Times: 'Recession is over,' BofA Merrill Lynch tells investors And from CNBC: It is usually difficult to tell when a recession has ended - especially for a ...
The End of the Official Recession?
calculatedriskblog.com 9/16/2009 — First, a nice mention in Newsweek (thank you): The Financial Meltdown in Words (see slide 4 for a quote from Feb 2005, ht Matthew, Eric) On the end of the recession, from Bloomberg: Bernanke Says U.S. Recession ‘Very Likely’ Has Ended “Even though ...
The US recession ended in May
VoxEU.org 10/5/2009 — Roger E. A. Farmer , 5 October 2009 Has the US recession already ended? This column says that it very likely has, based on evidence from the last fourteen recessions. It predicts that the NBER will declare that the recession ended in May 2009. But ...
Is the Recession Over ? (Extended Transition Phase)
ritholtz.com 10/29/2009 — Today, we are going to get what is likely a positive GDP. There are a number of factors that are contributing to the improving data point, not the least of which are the inventory liquidation, and the faster fall of imports than domestic consumption. ...
We Are in the Recession
delong.typepad.com 12/1/2008 — James Poterba just emailed, and now the NBER is live on Marketwatch: U.S. recession began in December 2007, NBER says : By Rex Nutting: WASHINGTON (MarketWatch) -- The U.S. economy entered a recession in December 2007, a committee of economists ...
What Exactly Is a Recession—and Are We in One?
clevelandfed.org 10/24/2008 — The common definition of a recession, and the one most frequently cited in the media, is a period of two consecutive quarterly declines in real GDP. While historically this definition has held pretty close to true, it is more of shorthand than the ...
A Different Kind of Recession
mjperry.blogspot.com 12/3/2008 — The official arbiter of US business cycles, the National Bureau of Economic Research, has made it official: the US economy is in recession. However, contrary to our belief that the US avoided recession until the third quarter of 2008 (MP: a belief I ...
Is The NBER Gearing Up For a Big Announcement?
bespokeinvest.typepad.com 11/2/2009 — The NBER (National Bureau of Economic Research) is the organization in charge of dating recessions and expansions in the US economy, so when the official announcement is made that the most recent recession is officially over, it will come from the ...
NBER Says Recession Evidence is Now 'Conclusive'
bespokeinvest.typepad.com 11/9/2008 — After ten straight months of job losses, the NBER's head of the recession dating committee stated the obvious- the US economy is in a recession. Looking on the bright side though, by the time the NBER typically announces that a recession began, it is ...
Recession Dating: Some People Are Going to Be Surprised
econbrowser.com 12/2/2008 — The typical Econbrowser reader might not be surprised at the NBER decision -- but some others will. From a May 2008 WSJ article: "The data are pretty clear that we are not in a recession," Council of Economic Advisers Chairman Edward Lazear told a ...