$this->bbcode_second_pass_quote('Plantagenet', '')$this->bbcode_second_pass_quote('copious.abundance', '
')Wrong-o! The date of release is irrelevant.

[Plantagenet]

$this->bbcode_second_pass_quote('copious.abundance', '')$this->bbcode_second_pass_quote('Plantagenet', '
')Which one is the latest?

[copious.abundance]

We're talking about something which happened last month. It makes no difference whether we receive that information on Wednesday, or today. One is not more up-to-date than the other. Your insistence that the date of release somehow makes the more recent release "better" is just flat-out-wrong.

[Keith_McClary]

$this->bbcode_second_pass_quote('copious.abundance', 'I')f the unemployment rate goes up, median family income automatically goes down ...

[copious.abundance]

^
Technically, that is possible. But it has never worked out that way - at least not since they began tracking the data in 1984.

Notice it's gone down during every recession (shaded in gray). And, of course, during every recession the unemployment rate goes up.

[Plantagenet]

$this->bbcode_second_pass_quote('copious.abundance', 'Y')our insistence that the date of release somehow makes the more recent release "better" is just flat-out-wrong.

[Keith_McClary]

$this->bbcode_second_pass_quote('copious.abundance', '^')
Technically, that is possible. But it has never worked out that way - at least not since they began tracking the data in 1984.

Quite plainly, here you said that the (ADP) information released on Wednesday was "old news." Given that it was for the same month as the BLS data released today, it wasn't really "old." The only reason it might have seemed "old" was because Loki decided to quote me on the Wednesday (ADP) post, as if I had been posting it about today's (BLS) release. Maybe if you had paid attention to what day I had actually posted that quote that Loki resurrected, we wouldn't be having this discussion. In this quote you act as if I had posted the information about the ADP release today, when in reality I posted it on Wednesday.
$this->bbcode_second_pass_quote('Plantagenet', '')$this->bbcode_second_pass_quote('copious.abundance', '[')b]US private companies created 175,000 jobs in January vs. 180,000 estimate

[lasseter]

There are three kinds of lies:
lies, damned lies, and statistics.

$this->bbcode_second_pass_quote('', '
') Why are there revisions to the jobs numbers?

At the beginning of each month, the Bureau of Labor Statistics (BLS) reports the change in payroll employment for the previous month.1 This estimate of jobs gained or lost over the month is closely watched by policymakers and those who work in financial markets and the media. When the estimate is revised in subsequent months, however, data users sometimes perceive a very different picture of the job market than what was initially reported.
http://www.bls.gov/opub/btn/volume-2/re ... umbers.htm

[dorlomin]

Tick tock

http://www.bbc.co.uk/news/business-26225205

Floods and snows and climate are grabbing the headlines, but the ravenous beast of deflation is sniffing fresh blood. Be a little while yet. Enjoy your stimulus funded "growth".

Peaking round the corner.

[dorlomin]

Some light reading
http://www.rollingstone.com/politics/ne ... t-20140212

[Loki]

$this->bbcode_second_pass_quote('dorlomin', 'T')ick tock

http://www.bbc.co.uk/news/business-26225205

Floods and snows and climate are grabbing the headlines, but the ravenous beast of deflation is sniffing fresh blood. Be a little while yet. Enjoy your stimulus funded "growth".

[copious.abundance]

China is a double-edge sword these days. While their slowdown in growth may create some "deflation" in some sectors - commodities in particular - their wages are continuing to rise which will create inflation in whatever they export to the US and other developed nations. Also, a slowdown in commodity prices is not necessarily a bad thing, and can even be a good thing, especially for consumers. That said, another downside is that slowing growth in China means US and other companies who do business there will see their revenue/profit growth in that market slow down. It's really a mixed bag and probably a wash wrt the US economy.
$this->bbcode_second_pass_quote('dorlomin', 'T')ick tock

http://www.bbc.co.uk/news/business-26225205

Floods and snows and climate are grabbing the headlines, but the ravenous beast of deflation is sniffing fresh blood. Be a little while yet. Enjoy your stimulus funded "growth".

Peaking round the corner.

[dolanbaker]

It's all a continuation in the trend of "global equalisation" that has been going on ever since globalisation.
Wages and standards of living for the vast majority of western peoples are and will continue to decline while the eastern peoples continue to rise, eventually meeting somewhere in the middle. We've got a long way to go! The availability of fossil derived energy will limit how much Chindia can grow as well.

[dorlomin]

$this->bbcode_second_pass_quote('dolanbaker', '
')Wages and standards of living for the vast majority of western peoples are and will continue to decline while the eastern peoples continue to rise, eventually meeting somewhere in the middle.

[Shaved Monkey]

$this->bbcode_second_pass_quote('', 'T')he face of poverty in the UK is changing and in-work poverty has increased over recent decades.
The latest data shows – for the first time – that more than half the 13 million people experiencing poverty in the UK live in households where at least one person is working.
This is an inconvenient truth for politicians fond of saying work is the best route out of poverty.

$this->bbcode_second_pass_quote('Daniel_Plainview', 'T')he real solution is to jettison the bubble structure, and transition to a natural and robust manufacturing / mining / agriculture economy, where REAL productive assets are wielded to generate REAL growth ... not bubble fluff.

[copious.abundance]

In other news, after a period of volatility, initial claims have been in the 330K's for 3 weeks in a row now, which is historically a typical low level for that series. Still awaiting that double-dip!

[copious.abundance]

Leading Indicators Index in U.S. Increased 0.3% in January
$this->bbcode_second_pass_quote('', '[')b]The index of U.S. leading indicators climbed in January, an indication the economy will bounce back after winter storms damped economic growth at the beginning of 2014.

The Conference Board’s gauge of the outlook for the next three to six months rose 0.3 percent after no change in the prior month, the New York-based group said today. The advance matched the median forecast of 50 economists surveyed by Bloomberg.

[...]

[Shaved Monkey]

G20 meeting in Australia with a prediction from the OECD of a new era of low economic growth.
Lots of talk of falling productivity but no mention of oils role in it.
They either dont know or dont want to scare the sheeple,Im betting on the later.
$this->bbcode_second_pass_quote('', '
')OECD warns of new era of low economic growth globally

''Some of the key drivers of productivity growth - credit, investment, international trade - have been very sluggish, in some cases unusually weak, since the crisis,'' Mr Gurria said in Sydney.

''Low growth, high unemployment, growing inequality, a big drop in confidence in all the institutions we've built over 50 to 100 years … all these developments have already reduced trend growth in the advanced economies,'' he said.