WSJ details: Retail sales volumes in the 16 countries that use the euro matched their sharpest-ever monthly drop on record in November, sco...

Gross Domestic Purchases are (per Babylon ): The market value of goods and services purchased by U.S. residents, regardless of where those g...

Tim from The Mess that Greenspan Made (great blog by the way) showed a rather astounding chart detailing that for the first time (ever?) th...

Slightly dated (October figures) as there is a delay in the release, but this would impact Q4 GDP for the Eurozone. Reuters details: Euro z...

This is rather remarkable. With the continued decline in "goods producing" jobs, a full 20% less people work in manufacturing (pe...

That would be the first positive month for services since March 2008. Source: ADP

Money CNN details: The auto industry ended its worst year in memory with one of its best sales months of the year. Overall industry-wide U...

Assets supported by that stimulus die as well. Marketwatch details: "Pending home sales plunged a seasonally adjusted 16% in November ...

I think this is the chart that speaks 1000 words. To try to summarize all of it in one sentence... all ships rose with the rising tide. Why?...

Will this post be relevant for 99% of you? Doubt it, but please tell me there are some Jets fans (or at least NFL fans) who read this blog....

The WSJ reports: The U.S. manufacturing sector finished 2009 on a high note, helped by improving production and ordering activity, accordin...

The following chart in my post On the Change in Q3 GDP shows that consumption of goods contributed about 1.7% of the third quarter's 2...

NY Times details the epic run (thus far) by Avatar: Critics may be at odds about the meaning of Fox’s 3-D science-fiction epic “Avatar,” bu...

I hope you all are having a nice holiday season thus far. I am back in civilization, though I plan to keep posting light the remainder of th...

If I see something that is VERY interesting, I may post (also possibly going to post a "best of" EconomPic for 2009). If not, happ...

Notice that I state GDP and not "the economy" in the headline (the broken window theory explains why destruction is not good for ...

As detailed in early November in my post Did We Learn Anything: Carry Trade Edition : The issue is that at some point the dollar will stabil...

Per the Conference Board : The Conference Board LEI for the U.S. increased again in November. The interest rate spread, initial unemployment...

BEA details: Although third-quarter personal income growth was slower than second-quarter growth (0.8 percent), its composition improved. Ne...

Upon further review of capacity utilization ... The chart below shows the year over year change in industrial production, capacity utilizati...

Bloomberg details: The cost of living in the U.S. accelerated in November from a month earlier, led by higher prices for energy and medical...

In response to my post on Treasury Debt to Receipts Spiking an anonymous reader asked for data going back further than the early 1980's...

Reuters reports: U.S. industrial output rose firmly in November as the manufacturing sector extended a recovery that economists hope will h...

Marketwatch reports: Wholesale prices rose a larger-than-expected 1.8% in November after seasonable adjustments, with energy prices account...

WSJ reports: During the third-quarter, stock buybacks moved off the record low levels seen during the March-through-June period. But the to...

RTT News details: Eurozone industrial production declined in October hurt by plunging demand for durable and non-durable consumer goods, po...

For those that haven't yet had the opportunity to read Steve Keen, an economist out of Australia who has had some very insightful posts ...

Opinion On the Value in Housing Wealth Rebounds in Q3... Is It Sustainable? Sustainable Rebound? Wholesale Inventory Correction Isn't ...

ABC News: Sales at U.S. retailers rose more than expected in November as consumers spent more on gasoline and a wide range of other goods, ...

The Federal Reserve released their Flow of Funds Accounts of the United States report (yes, for a data hound such as myself, I am the kid i...

Reuters with the details: The United States posted a smaller-than-expected $120.3 billion budget deficit in November, Treasury Department d...

Marketwatch reports: The U.S. trade deficit narrowed sharply in October as exports were powered by the weaker dollar and imports slowed to ...

We've been waiting (and waiting) for the " mother of all inventory corrections " to provide a boost to the economy ( EconomPic...

BLS (hat tip Calculated Risk ): There were 2.5 million job openings on the last business day of October 2009, the U.S. Bureau of Labor Stat...

I found the following piece from Martin Gremm (a longer bit than I normally post, but interesting), which details how Japan reacted to the ...

Bloomberg reported: The worst U.S. employment slump in the post-World War II era may be about to end as companies hasten to hire temporary ...

Consumer credit continues to decrease. WSJ reports: Consumer lending shrank 1.7% in October, the ninth consecutive drop, extending the dram...