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Repeat

This is a repeat blog from April 1st.  If you haven't seen this website recently, I strongly encourage you to do so.  The numbers are not looking good.  As a "demand" side measurement, the authors believe their reports are 1 calendar quarter ahead of traditional reports like "supply side" GDP.

double dip

see consumerindexes.com    their work based on online consumer sales data / purchases show retail sales are down year over year their data suggests a mild double dip recession is more likely than not.


I have had conversations by email with the web site authors.  The weighted indexes reflect dollar amount of transactions.  The individual sub-indexes are essentially the number of transactions.  There is less money being spent in 2010 than the same period in 2009!