Chris Dillow looks at the relationship between health care spending as a percentage of GDP and life expectancy. It's not the whole story, of course, but it does start an interesting discussion.
Real average hourly earnings is up a lot. Presumably, firms are holding on to qualified workers. We'll see how this measure holds out against the unemployment rate.
The chances of positive GDP growth are up! According to a Philly Fed survey. It's been a long recession.
Capacity utilization has a small up-blip, and industrial production is up. This, honestly, doesn't tell us much. If it continues up, that's a good sign, but this increase is probably too small to indicate anything.
Monday, August 17, 2009
Healthcare, good income news, good recession news, and blips.
Labels:
economics,
Federal Reserve,
health care,
income,
output,
recession,
statistics,
trends,
wages
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