Over 5.2%:
Guest Contribution: “Oligarchy is a Symptom, Not the Cause”
Today, we present a guest post written by Jeffrey Frankel, Harpel Professor at Harvard’s Kennedy School of Government, and formerly a member of the White House Council of Economic Advisers. A shorter version was published in Project Syndicate.
Nonresidential Fixed Investment in the DotCom Boom/Bust
What did we think was happening back then, compared to what we know now?
Is It Real?
Rise in 10 year rates is mostly showing up in real rates, as proxied by TIPS.
Diesel and Heating Oil Dependency, by State
As share of total diesel+heating oil+gasoline consumption volume (a somewhat strange measure to me, but probably gets the idea across), from Nate Silver:
Refiner Capacity Utilization at 97.5
As of September 11.
Manufacturing Employment Recovery Delayed?
Here are several measures of manufacturing employment. ADP suggests continued deterioration, while QCEW (through March) fell as official employment rose.
“The State of Working Wisconsin, 2026”
From the High Road Strategy Center, an annual report:
Gasoline and Diesel Report
Data through yesterday:
Anticipating the EIA Gasoline and Diesel Update
According to AAA, regular gasoline is up 3.8% relative to a week ago, diesel up 4.5%.