GLG News by Forecasting Experts: Economists (US)

The US economy could be $ 850 billion stronger if the trade balance were simply put back into near balance. A good majority of these jobs would be higher paying manufacturing jobs. The adjustment process could take 10 years or more and would require a shift in our prevailing economy position with...

The U.S. economy is at a pivotal point, and this data release provides important information about the direction the economy may take over the next six to twelve months.  There is good news and bad news in the report: Lower unit labor costs suggest that the Fed will be less worried about inflation...

The Republican Party by adhering to its core orthodoxy that "markets are always better than government regulation, and management must be, by nature, evil and eliminated, is on a path to being as much a minority party as it was in the 1930's, 1940's, 1950's, and 1960's.  The truth is that failures...

-It seems that in its determination and focus on bringing the economy out of a recession, and minimizing the chance of the economy falling back into another recession, the Federal Reserve lost its sight on what the possible side effects of those actions going to be on different segments of the population....

The Potsdam meetings confirmed what analysts already know -- concentrating on solving the problem of "agriculture" will forever doom global trade talks and lead to an impass that will surely force changes in the underlying views of the Atlantic concensus that "free trade" is always preferable to "managed...

The Chinese meltdown has more to do with China's overheated and speculative culture and dependence on exports with the United States, than with short-term developments and conflicting economic statistics on the state of the American economy.Alan Greenspan's remarks and actions by the Chinese government...

- For 2006 the US trade deficit reached $763 billion, a new record.- Exports of goods and services totaled $1437 billion.- Imports totaled $2201 billion.The trade deficit with China totaled more than $220 billion, a new record, double the deficit typically run with Japan. Continuing on this course,...

Flash! Monetary policy still works! War over? Check out the “irksome” problems. Is more “economic slowdown” needed?

Please find my quick take below...

A benign increase in the unemployment rate. A REAL measure of how the economy is doing. (Hint: watch the feet.) A new hit show: Who gets squeezed? Housing’s hurt is WORSE than what is suggested by the decline of construction employment. See why.