Twitter Updates for 2009-11-30

How much California debt? Who knows? Walters estimates over $500 million. http://bit.ly/5SJN6d Think they'll keep making the payments? #

Twitter Updates for 2009-11-27

Dubai give Black Friday an entirely new meaning. Apparently, they owe less than California. #

Twitter Updates for 2009-11-26

Last econ post before Turkey day. People are beginning to understand that there will not be a rapid recovery. http://bit.ly/8oKSTV # Happy Thanksgiving. Hope you spend it with someone who loves you. God Bless. #

Twitter Updates for 2009-11-25

Let’s see. Problem banks up to 552. FDIC fund down to -8.2 b. http://bit.ly/63akx6 I’m thinking maybe we have a problem here? # Tax credit drives increase in home sales: http://bit.ly/8sqksZ What happens when the credits eventually expire? Will they expire? # Dan blogs on the GDP revision and some housing data you . . . → Read More: Twitter Updates for 2009-11-25

The Second Estimate of 3rd Quarter GDP

The BEA’s second estimate of total United States Economic activity, just out today, is 2.8 percent. This is down 70 basis points from the “advance” estimate published a month ago. The change in the estimate was driven mainly by upward revisions to imports and downward revisions to personal consumption expenditures and to nonresidential fixed . . . → Read More: The Second Estimate of 3rd Quarter GDP