Potential Growth Rebounding?

2/7/07 The blue line is a polynomial regression line over the last 10 years ending in Q4 2006. Suggests that "potential growth may be rebounding. Data includes quarterly y/y changes of "work force" (found in the Employment Situation Report) and quarterly y/y changes of "Output per hour" (found in the Productivity and Unit Labor Cost Report). The percentage changes are added together to produce the green bars ( potential growth).

Proposed percent of Total budget for defense through 2012

2/5/2007 Would a new policy that allows a no-holds-barred use of nuclear weapons change this graph significantly?

2/2/07 If custody holdings are a gauge of foreign appetite for US assets then this chart suggested an increasing demand. Demand for Federal agency securities (backed mostly by US residential real estate) continues to rise at a very rapid pace and does not seem to be deterred by falling home sales as measured by MBA home purchase applications.

Drop in Jan 2007 ISM Manufacturing Inventories

2/1/07 A significant drop in ISM Manufacturing Inventories may suggest sluggish demand down stream according to the Survey Director.

Income and Outlays