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Must-Read: Mark Magnier: China’s True Growth Is a Mystery; Economists Weigh the Clues

Must-Read: Mark Magnier: China’s True Growth Is a Mystery; Economists Weigh the Clues: “China[‘s]… 7% figure… stirred fears of a deepening slowdown…

…raised fresh doubt about the trustworthiness of China’s own statistics…. Citibank… could be below 6%…. Capital Economics pegging the quarter at 4.9%…. Lombard Street Research at 3.8%…. China’s… figures are suspiciously smooth… methodology often appears inconsistent or contradictory…. Economists point to the discrepancy between headline GDP growth and industrial production… weaker recent readings for electricity consumption, investment, industrial profits, manufacturing output and real-estate investment, among others…

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Must-Read: Mark Magnier: China’s True Growth Is a Mystery; Economists Weigh the Clues

April 29, 2015

April 29, 2015

U.S. economic mobility trends and outcomes

U.S. income and wealth inequality are no longer increasing, but a return to the equitable levels of the mid-20th century isn’t likely anytime soon