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  • May Economic Report

    In spite of headlines pointing to emerging signs of recovery, the economy continues to perform poorly.  The charts below show longer-term trends in the two factors contributing to real... continue reading

  • April Economic Report

    An anemic economic recovery hasn’t prevented stock prices from reaching new all-time highs.  One reason stocks have done well is because earnings have continued to grow.  In spite of... continue reading

  • February Economic Report

    Economic numbers for January show little change from the 2% a year real growth of the past three years.  Any economy’s growth rate reflects a combination of the growth... continue reading

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