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Slowing U.S. Economy, State by State

The Big Picture

Note: I have been occasionally eyeballing this map since 2008 , and it does a good job of showing the overall trend of the economy (on an obvious lag). The economy is mixed to good, with 2/3rd of states expanding and 1/3rd of states slowing; Dropping from +96 to -22 is a substantial decrease, regardless of the high GDP print last Q.

Economy 352
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Tuesday links: your personal economy

Abnormal Returns

fooddive.com) Economy Why attitudes about the state of the American economy are so divergent. (gq.com) King Arthur Baking Company is launching a regenerative whole wheat flour blend. fastcompany.com) Fruit juice sales are in secular decline. awealthofcommonsense.com) Wholesale used car prices fell in October.

Economy 147
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This is the Best U.S. Economy Since the 1990s

A Wealth of Common Sense

Finance people also have an affinity for the 1990s economy. Remember life before everyone was forced to care about politics? Remember Saved by the Bell? Remember going to Blockbuster on a Friday night to pick out a movie? Remember how great things.

Economy 138
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Podcast links: the new economy

Abnormal Returns

open.spotify.com) Non-finance Chris Hays talks with Felix Salmon about his book "The Phoenix Economy: Work, Life, and Money in the New Not Normal." (rationalreminder.libsyn.com) Scott Barry Kaufman talks with Hal Hershfield author of "Your Future Self: How to Make Tomorrow Better Today."

Economy 130
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US Composite PMI Suggests the Economy is On the Verge of Recession

Mish Talk

Chris Williamson, Chief Business Economist at S&P Global Comments “Business conditions across the US worsened in November, according to the preliminary PMI survey findings, with output and demand falling at increased rates, consistent with the economy contracting at an annualized rate of 1%.” This post originated at MishTalk.Com.

Economy 290
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Podcast links: the flexible work economy

Abnormal Returns

theverge.com) Economy Michael Klein talks with Brad DeLong author of "Slouching Towards Utopia." Kahn author of "Going Remote: How the Flexible Work Economy Can Improve Our Lives and Our Cities." Listening In order to keep growing, podcasting is becoming platform agnostic. bloomberg.com) Michael Klein talks with Matthew E.

Economy 130
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CB Leading Economic Index: Fragile Outlook for U.S. Economy

Advisor Perspectives

The Conference Board Leading Economic Index (LEI) decreased in March to its lowest level since May 2020. The index fell 0.3% from last month to 102.4. Overall, the LEI continues to signal a fragile outlook for the U.S.

Economy 64