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Recent Economics

Corporate Profits at Record Highs, While Labor Compensation at 38-year Lows

Recent data show a major shift in the balance between corporate income and labor compensation.

House Passes Budget - Adeptly Dodges Responsibility

It looks like moderate Senators are not biting...

Resources

Headlines

This page shows the latest economics headlines and commentary from around the web. Updated every 4 hours by ArgMax's newsBot.

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Data

Current

Last updated: June 7, 2004. Powered by ArgMax's dataBot.



Unemployment 5.6% May 2004
Gross Domestic Product 4.4% First Quarter 2004 (preliminary)
Inflation (12 mo.) 2.3% April 2004
Industrial Production (1mo.) 0.8% Apr. 2004

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Quote

"If ignorance paid dividends, most Americans could make a fortune out of what they don't know about economics."
--Luther H. Hodges --> more quotes

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Phillips Curve?
Inflation vs. Unemployment, animated graphic by U.S. President.

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From the Blog

Washington Post on Plagiarism of Brookings Website
Looks like the Post has picked up the story that has been bouncing around blogs for a while...

Books

What I'm Reading

Special Interest Politics
by Gene Grossman and Elhana Helpman
More books...

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Sites that sent visitors over the past 48 hours. Total: 404 tracked referrals. Top 10 referrals, with minimum of [2].

[192] Google
[49] Yahoo! Search
[15] MSN Search -- More...
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[12] completerss.com
[12] RealtyRates.com:...
[10] Anti-Spam - Fight Back...
[6] Postami Websites and...
[4] Welcome to Comcast...
[4] AOL Web Search
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