BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[So you want to know what a 'growth-recession' looks like? Look around]]>http://www.bloggingstocks.com/2008/08/01/so-you-want-to-know-what-a-growth-recession-looks-like-look-aro/http://www.bloggingstocks.com/2008/08/01/so-you-want-to-know-what-a-growth-recession-looks-like-look-aro/http://www.bloggingstocks.com/2008/08/01/so-you-want-to-know-what-a-growth-recession-looks-like-look-aro/#commentsFiled under: , ,

The stock market has fallen about 3000 points in a year. Corporate profits among the Fortune 500 are likely to decline a double-digit rates. Consumer spending is down. And the nation has lost more than 463,000 jobs in seven months, with unemployment rising.

And yet, we're told 'the economy is growing.'

What's going on here? Or, investors and readers may justifiably exclaim, "If this is growth, I'd hate to see what a recession looks like."

On Friday,BloggingStocks asked economist Peter Dawson to give an accurate read on the economic situation in these United States.

"Don't you have an easier question for a summer Friday?," Dawson said. "Kidding aside, what we're experiencing now is a growth-recession. And at this point, and we'll need a few more data points to confirm it, it's looking close to a textbook case of one."

During a growth-recession, the economy continues to grow, barely, Dawson says, but almost all of the other indicators continue to move in a destructive direction.

Continue reading So you want to know what a 'growth-recession' looks like? Look around

So you want to know what a 'growth-recession' looks like? Look around originally appeared on BloggingStocks on Fri, 01 Aug 2008 16:21:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>consumer spendingcorporate profitsearningsFortune 500gdpgrowth recessioninthenewsjobsprofitsretail salesU.S. economyunemploymentunemployment rateFri, 01 Aug 2008 16:21:00 EST<![CDATA[U.S. may enter 'growth recession' in 2008]]>http://www.bloggingstocks.com/2008/01/30/u-s-may-enter-growth-recession-in-2008/http://www.bloggingstocks.com/2008/01/30/u-s-may-enter-growth-recession-in-2008/http://www.bloggingstocks.com/2008/01/30/u-s-may-enter-growth-recession-in-2008/#commentsFiled under: , ,

GDP chart New York Yankee Hall of Fame catcher Yogi Berra, noted for his incisive malapropisms, once remarked about his ballclub's prospects, "The future, it ain't what it used to be."

Well, to quote Yogi, the U.S.'s economic future ain't what it used to be, but as my BloggingStocks colleague Peter Cohan observed, it may not be what some economists currently make it out to be, either.

Cohan asked "Is the 'recession' real?" and argued that one could make a case that not enough evidence exists to suggest the U.S. is in recession -- two consecutive quarters of negative GDP growth has not been measure yet. Further, some sectors of the economy, including oil, oil services, energy, alternative energy, and farming, among others, are doing well.

Still, housing is in its worst slump in more than 20 years, consumer spending growth is modest at best, consumer confidence is low, and one need not list the litany of concerns regarding mortgage lenders and related asset-back securities and banks.

What's going on here?

Continue reading U.S. may enter 'growth recession' in 2008

U.S. may enter 'growth recession' in 2008 originally appeared on BloggingStocks on Wed, 30 Jan 2008 14:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>featuredGDPgrowth recessioninflationjob creationjobsNational Bureau of Economic ResearchPPIproducer price indexrecessionU.S. economyU.S. Federal ReserveU.s.DepartmentOfLaborunemployment rateWed, 30 Jan 2008 14:30:00 EST