by Pater Tenebrarum
The Cracks in the Economy’s Foundation Become Bigger
Last week the Bureau of Economic Analysis has updated its gross output data for US industries until the end of Q4 2015. Unfortunately these data are only available with a considerable lag, but they used to be published only once every few years in the past, so the current situation represents a significant improvement.
As Ned Piplovic summarizes in his update on the situation on Dr. Mark Skousen’s site: