Source: New York Fed

All in transportation, but disconcerting regardless. Bloomberg reports: “Demand simply remains too weak for most businesses to find any su...

AP details: The economy of the 16 countries that use the euro shrank by a massive 2.5 percent in the first quarter as the recession tighten...

Ahead of this morning's CPI figure, Ed from Credit Writedowns takes a look at some ugly inflation (or lack thereof) in Europe: In my op...

In response to my post on retail, reader ZachA commented / requested: I guess this means this means the "second derivative" is no...

Interesting article in Bloomberg about the yield curve accurately forecasting economic conditions: First, it’s a leading economic indicator...

Month over Month Year over Year Source: BLS

I was out of the matrix yesterday, thus getting to this now. Retail sales fell, which came at no "surprise" here. Just look at the...

Wondering why Yankees seats look empty? Click for larger image Source: NY Post via Kottke.org

FireDogLake reports: An FDL review of lobbying reports for the first quarter of 2009 reveals that banks receiving federal bailout funds spe...

Bloomberg noted with regards to yesterday's budget release: The U.S. reported the first budget deficit for April in 26 years, recording...

Ugly all around for Japan, but the relative strength of the Chinese economy to that of the U.S. is rather telling / interesting. Bloomberg ...

FT reports: Caffeine addicts face higher prices for their daily fix as the wholesale cost of both coffee and sugar rise sharply because of ...

If we're going to talk about EVERY second derivative (starting to really hate that term), here's one that doesn't bode well (tho...

Source: Census

The AP reasons: Financial stocks fueled Wall Street's rally last week. On Monday, they sent the market into reverse. Hardly a week... s...

WSJ details: China's main inflation measures remained in negative territory in April, new data issued Monday show, but economists said ...

In response to my post Net Claims is What Matters , Locust responds: For what it's worth... I work as a W-2 employee on a project by pr...

Chuck Dietrick with the details: One of the more disconcerting statistics is government spending as a percentage of GDP. In 1903, the figu...

A little (or a lot) off topic, but the stats Evan Longoria is putting up in 2009 are unreal (for non-baseball fans, Hack Wilson knocked in ...

Economic Data Wholesale Sales Debacle Continues... ISM Services: Contracting at Slower Rate Chinese Manufacturing Expands Chinese Power Gene...

You sure the worst is behind us? Even though inventories dropped along with these sales, the inventory to sales ratio continues to rise. Sou...

Last unemployment post of the day. Across the Curve with the details: This report does not look real swell to me. The net revisions subtrac...

Source: BLS

Unemployment vs. Broader Level Change in Employment by Age / Sex Change in Non-farm Payroll vs. Birth / Death Additions Source: BLS (Birth ...

Ahead of today's unemployment report... Ed, from Credit Writedowns , had a post last week which sparked a back and forth between the two...

Source: WSJ

Until we see an expansion of credit, the Fed can pump all the liquidity into the market as they want and it won't be inflationary. Perce...

The Washington Post details: "We can no longer afford to spend as if deficits do not matter and waste is not our problem," Obama ...

Yahoo details: General Motors Corp. posted a $6 billion first-quarter loss and said it spent $10.2 billion more cash than it took in during...

Bloomberg details: The Easter holiday, aggressive marketing and deep discounts during April drove more traffic into stores, boosting sales,...

Marketwatch with the details: Productivity rose in the first quarter as U.S. firms slashed their workforce, outpacing the drop in output, t...

Across the Curve details: The 2 year/10 year spread has reached 225 basis points. That is approaching the very wide end of the range which ...

For all you # geeks out there, the AP details: For the mathematically challenged, Thursday's date, 5/7/09, is one of only six this cent...

Although we detailed that Chinese PMI rebounded, the electricity usage seems to paint another story. How? Naked Capitalism with the detail...

Not sure of the accuracy of this, but Calculated Risk has a scorecard of stress test results / leaks to date. Here are those entities that ...

Interest Rate Roundup details: Zillow.com is out with the firm's latest report on "upside down" homeowners -- those who owe ...

Marketwatch details: Private-sector employment in the United States fell by 491,000 jobs in April, according to the ADP employment index re...

SF Gate reports: Rates on 30-year mortgages fell slightly last week but remained just ahead of record lows posted this month, Freddie Mac s...

April YTD Through April Source: Barclay Hedge

Business Wire details: “The NMI (Non-Manufacturing Index) registered 43.7 percent in April, 2.9 percentage points higher than the 40.8 perc...

Reuters details: U.S. stocks rallied on Monday, driving the S&P 500 into positive territory for the year as investors bet banks' ca...