Category Archives: Offshore Hosting

No. 498: Fourth-Quarter GDP, December Durable Goods

(SGS Subscription required) • Although Recovery Never Took Place, Official Double-Dip Recession Likely Will Be Clocked from Second- or Third-Quarter 2012
• Reported Contraction in Real GDP Designed to Discourage Fiscal Reform?
• Fourth-Quarter Nominal GDP Growth Collapsed to 0.46% from 5.91%
• Real Durable Goods Orders Contracted Year-to-Year, Despite Temporary Orders Boost from Year-End Defense Spending

No. 495: December CPI, Real Retail Sales, Real Earnings, Production

(SGS Subscription required)
• Official Quarterly Production Growth Rates for Second-Half 2012 Were Weakest Since Recession Trough in 2009
• Corrected for Understated Inflation, Real Retail Sales and Production Show
Post-2009 Stagnation Turned into Contraction in Second- or Third-Quarter 2012
• December Year-to-Year Inflation: 1.7% (CPI-U), 1.7% (CPI-W), 9.4% (ShadowStats)
• December Housing Starts Gain Still Not Statistically Significant
Despite Some Boost from Hurricane Damage