Archives: September 2007

BEA jumps into the 21st century with new R&D figures

Posted by: Michael Mandel on September 28, Categories: Tech

The Bureau of Economic Analysis took a big leap into the 21st century today. The agency released a new set of figures on R&D spending and how it affects the...

Is Overtime Necessary?

Posted by: Michael Mandel on September 24, Categories: Labor Market

Over the past few years, companies have paid out more than $1 billion per year to settle "wage and hour" lawsuits--typically violations of overtime. That's according to the latest BW...

Department of Perverse Effects

Posted by: Michael Mandel on September 21, Categories: Financial markets

Suppose that the rate cuts work, and the financial markets calm down. Then money will flow out of the very safe ten-year Treasuries, so long rates will rise. Added to...

Long-term productivity

Posted by: Michael Mandel on September 14, Categories: Growth

As part of my latest piece on Fed policy, I asked several top economists for their forecast of long-term productivity growth. The exact question for the mini-survey was: What do...

Bernanke Still Thinks It is a Low-Rate World

Posted by: Michael Mandel on September 11, Categories: Financial markets

In a speech today, Bernanke said that "the fundamental elements of the global saving glut remain in place." Is the words of someone who is worried about a credit crunch?...

Today's job numbers

Posted by: Michael Mandel on September 07, Categories: Macro

If you are worrying about the economy, don't start with the weak job report--start with yesterday's productivity report. Nonfarm productivity has only risen by 0.9% over the past year. The...

So this is what a credit crunch looks like?

Posted by: Michael Mandel on September 04, Categories: Financial markets

From Bloomberg (August 31): U.S. corporate bond sales soared to $92.5 billion this month, setting an August record, rebounding from the slowest month in two years....San Antonio-based AT&T raised $2...

What the Income Report Tells Us About College Grads

Posted by: Michael Mandel on September 04, Categories: Labor Market

I've made my own little subspeciality in recent years..when the Census income report comes out, I calculate whether the real earnings of college grads has gone up or down. Last...

About

Michael Mandel, BW's award-winning chief economist, provides his unique perspective on the hot economic issues of the day. From globalization to the future of work to the ups and downs of the financial markets, Mandel-named 2006 economic journalist of the year by the World Leadership Forum-offers cutting edge analysis and commentary.

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