Category Archives: Offshore Hosting

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

No. 492: Fiscal Fiasco, December Employment and Unemployment, November Construction

(SGS Subscription required) • Fiscal Crisis Continues Unabated; Last-Minute “Cliff” Deal Did Nothing to Reduce or Contain Budget Deficits
• No Way of Avoiding A Recession That Already Is Underway
• December U.3 Unemployment Rate Actually Rose by 0.1%
• ShadowStats Unemployment Estimate at New High
• December Unemployment: 7.8% (U.3), 14.4% (U.6), 23.0% (
• December M3 Annual Growth at 3-1/2 Year High

No. 491: 2012 and Early-2013 Conditions, November New Home Sales

(SGS Subscription required) • 2012 Saw Meaningful Degradation of Fiscal and Monetary Policies
and of Economic, Systemic and Political Stability
• 2013 Should Encompass a “New” Recession, Dollar Turmoil, Rising Inflation
• A Tumble Off the Cliff Would Trigger Confidence Problems That Never Could Be Recovered Fully
• Revisions Due for Seasonally-Adjusted Unemployment Data