Tuesday, November 18, 2014

General Economics

Wall Street Journal | U.S. October Industrial Production Slips 0.1%
U.S. industrial production slipped in October, a sign domestic economic growth could slow further in the final months of 2014.
Wall Street Journal | Producer Prices Rise 0.2% in October
The producer-price index for final demand, which measures changes in the prices firms receive for their goods and services, increased a seasonally adjusted 0.2% in October from a month earlier, the Labor Department said Tuesday.

Econ Comments & Analysis                                                                                            
Forbes | Why Japan's Economy Is In A Ditch -- And What Must Be Done To Pull It Out
“Japan Falls into Recession” is the lead headline in today’s business news, as the world’s third-largest economy shrank in the third quarter. The previous quarter had also seen the economy contract, but that downturn was spun as a temporary reaction to the government’s 60% increase in the national sales tax last spring. Temporary it was not.