Aug 302013

Mucking around recently released USDA data, I came up with the table below for a presentation to the CFA Society Spokane yesterday. I doubt the average Washington citizen appreciates what an agricultural powerhouse the Evergreen State is. Everyone knows we are the leading producer of apples. But we’re also No. [continue reading . . . ]

Aug 192013
Still a Great Disappointment

The Great Recession (January 2008-June 2009) was less severe and the recovery stronger than we thought at the time. But it was still the worst economic decline since the Great Depression. And the recovery remains the Great Disappointment. Uncle Sam in late July published national income and product accounts updated [continue reading . . . ]