Costs of Freedom

declines in production related indicators The Chicago Fed National Activity Index (CFNAI) decreased to -0.53 in April from -0.23 in March. The index’s 3 month moving average CFNAI-A3 ticked up to -0.04 in April from -0.05 in March. April’s CFNAI-MA3 suggests that growth in national economic activity was very near its historical trend. The economic [...]

2013-05-25T20:34:27-04:00A View|

Watch out now

Tuesday May 14 Cover up in Benghazi? IRS targeting conservative groups? Justice Department monitoring calls from the Associated Press? Thus far, only the Benghazi tragedy has produced hard facts leading to charges of, at a minimum, total incompetence. A continuing cover up of the facts is likely what happened here. The IRS has apologized, which [...]

2013-05-17T20:23:40-04:00A View|

Economy in Flux

US raw steel production inched up 0.4 percent last week as mills operated at an annual capability utilization rate (ACUR) of 77.9 percent. In the corresponding week last year mills operated at an ACUR of 80.9 percent. On the year mills have operated at an ACUR of 76.2 percent compared to the same period last [...]

2013-05-06T12:11:40-04:00A View|
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