WSJ blog posting: The Crisis Recedes. So Does the Economy
In the article, David Gaffen cites figures from the Federal Reserve’s Empire Manufacturing Index, claiming it fell to a “record low”, but the data presented only shows 12 months of history.
Here is the entire history of the General Business Conditions index back to 2001 when they [...]
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October 15, 2008Commercial Paper statistics
October 14, 2008Excellent program on This American Life last week about the credit crisis: Another Frightening Show About the Economy.
The program includes a discussion of the importance of the commercial paper market in the routine operation of the U.S. economy.
The Federal Reserve collects weekly and monthly figures on the commercial paper market:
Commercial Paper statistics
See the overnight commercial [...]
