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Archives: November 2009

My Next Blog

Posted by: Michael Mandel on November 25, Categories: Blog

You can find my next blog at I'm taking a hiatus from blogging for about a month. But I will be focusing on innovation and growth. (If there's any...

My whereabouts

Posted by: Michael Mandel on November 20, Categories: Blog

To confirm the rumors: I was not offered a position by Bloomberg. To my friends at BusinessWeek, both old and new: We had a fantastic run, and I loved working...

Service Sector Inflation Ticks Up

Posted by: Michael Mandel on November 17, Categories: Inflation

The headline number for this morning's PPI report was an 0.6% decline in the price of finished goods less food and energy ("core PPI"). In fact, core finished goods PPI...

Innovation, Jobs, and Corporate Performance

Posted by: Michael Mandel on November 13, Categories: Innovation

Next week I'm looking forward to speaking at two important innovation-related conferences. On Thursday I will be in Chicago at "Innovating Our Way to Prosperity" put on by The Institute...

Advanced Technology Deficit Widens in 3rd Quarter

Posted by: Michael Mandel on November 13, Categories: Trade

Here's more bad news for jobs. According to this morning's trade report, the advanced technology trade deficit widened to $18.2 billion in the third quarter, up from $12.9 billion in...

My investment choices....

Posted by: Michael Mandel on November 12, Categories: Investments

...if anyone is interested. Following my usual practice, I regret to inform you that I've reduced my investments in domestic equities. I think this play still has another unhappy act...

Review of "Profit Power Economics"

Posted by: Michael Mandel on November 11, Categories: Books

Over the next week, as I clean up my desk, I'm going to be doing short reviews of books that I have been meaning to write about. Let's start with...

The Big Shift

Posted by: Michael Mandel on November 10, Categories: Corporations

In recent months, I've repeatedly made the point that the financial crisis was a symptom, not a cause. Innovation was weaker than expected, private sector job growth outside of healthcare...

Financial Crisis Creates Productivity Bonanza? No.

Posted by: Michael Mandel on November 05, Categories: Growth

This morning's productivity numbers showed a huge gain in output per hour in the third quarter--up at an annual rate of 9.5% in the nonfarm business sector. But here's something...

Globalization and Measurement Conference

Posted by: Michael Mandel on November 05, Categories: Trade

I'm about to go down to DC to attend this conference (I'm giving the after-dinner remarks as well) Measurement Issues Arising from the Growth of Globalization This is a very...

Buffett's Gloomy View of Our Economic Future?

Posted by: Michael Mandel on November 03, Categories: Growth

This morning Warren Buffet's company Berkshire Hathaway announced that it was buying Burlington Northern Santa Fe in a deal valued at $44 billion. In the announcement, Buffett called the purchase...

Ford's Earning Report and Intangibles

Posted by: Michael Mandel on November 02, Categories: Innovation

Ford's 3rd quarter earnings report, released this morning, showed a surprisingly large net income of almost $1 billion. The company reported that it: ...reduced its Automotive structural costs by $1...

On Trade and Living Standards

Posted by: Michael Mandel on November 01, Categories: Trade

One of my favorite commenters, Ajay, writes: Wow, when the chief economist at Businessweek is capable of writing a sentence like "if U.S.-based companies are doing their research and product...


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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