Nigel Gault

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Type: Person
Name: Nigel Gault
First reported Apr 23 2013 - Updated Apr 23 2013 - 1 reports

News Flash: Economists Clueless

Economist Robert J. Samuelson just published an unintentionally funny article in Capital Journal on the bemusement today's economists feel after being wrong about virtually everything for the past decade.The end of macro magicThe International Monetary ... [Published Safe Haven - Apr 23 2013]
First reported Apr 22 2013 - Updated Apr 22 2013 - 1 reports

The end of macroeconomic magic: Robert J. Samuelson

By Robert J. SamuelsonThe International Monetary Fund recently held a conference that should concern most people despite its arcane subject -- "Rethinking Macro Policy II." Macroeconomics is the study of the entire economy, as opposed to the examination ... [Published Oregonian - Apr 22 2013]
First reported Apr 02 2013 - Updated Apr 03 2013 - 1 reports

US Factory Orders Climb on Demand for Autos, Planes

Orders placed with U.S. factories increased in February, boosted by a pickup in demand for motor vehicles and commercial aircraft. The 3 percent gain in bookings, the biggest in five months, followed a revised 1 percent decline in January, a Commerce ... [Published OANDA Forex Blog - Apr 02 2013]
First reported Feb 18 2013 - Updated Feb 18 2013 - 1 reports

Robert Samuelson’s Psychological Problems

Robert Samuelson is convinced that the U.S. economy is suffering from psychological problems. In a piece titled, “why job creation is so hard” he tells readers: “We have gone from being an expansive, risk-taking society to a skittish, risk-averse ... [Published Firedoglake - Feb 18 2013]
First reported Feb 16 2013 - Updated Feb 16 2013 - 1 reports

David Shere: Fox's Cavuto On Spending Cuts: "We Will Never Cut Our Way Into Austerity"

Fox News host Neil Cavuto claimed that spending cuts that lead to austerity "will never happen," even as data show that continued cuts remain a drag on economic recovery. In fact, economists contend that if it weren't for government cuts, the unemployment ... [Published Media Matters for America - County Fair - Feb 16 2013]
First reported Jan 31 2013 - Updated Jan 31 2013 - 1 reports

The GDP Drop Is No Big Deal

Daniel Gross, The Daily BeastIs the U.S. economy really slipping back in recession? The Commerce Department reported Wednesday morning that the economy shrank at a .1 percent annual rate  in the fourth quarter. If the figure stands up to further ... [Published RealClearPolitics - Homepage - Jan 31 2013]
First reported Jan 30 2013 - Updated Jan 30 2013 - 1 reports

U.S. GDP drops 1%: What the analysts say

NEW YORK — The U.S. economy unexpectedly contracted in the fourth quarter, suffering its first decline since the 2007-09 recession as businesses scaled back on restocking and government spending plunged. Gross domestic product fell at a 0.1% annual ... [Published Financial Post - Top Stories - Jan 30 2013]
First reported Jan 04 2013 - Updated Jan 05 2013 - 1 reports

US employment changes since

U.S. employers have added about 1.84 million jobs in each of the past two years, or about 153,000 a month. While steady, that level of hiring has barely repaired the damage left by the Great Recession.In the past three years the economy has created only ... [Published WPRI - Jan 04 2013]
First reported Jan 03 2013 - Updated Jan 03 2013 - 1 reports

Forget the market rally. The fiscal cliff deal is still a drag on growth.

The stock market surged the day after Congress passed a fiscal cliff fix, with the Dow rallying more than 300 points on Wednesday. But economists point out that the deal will still cause some drag on the economy in 2013, and some analysts have released ... [Published Ezra Klein - Jan 03 2013]
First reported Dec 08 2012 - Updated Dec 08 2012 - 2 reports

US adds 146K jobs, jobless rate falls to 7.7 perce...

WASHINGTON — The pace of U.S. hiring remained steady in November despite disruptions from Superstorm Sandy and employers’ concerns about impending tax increases from the year-end “fiscal cliff.”Companies added 146,000 jobs, and the unemployment rate fell ... [Published Times Argus - Dec 08 2012]
First reported Dec 07 2012 - Updated Dec 08 2012 - 1 reports

U.S. creates 146,000 jobs as unemployment rate falls

Make text smaller Make text largerShrugging off the effects of Hurricane Sandy and the looming fiscal impasse in Washington, the economy created 146,000 jobs in November, well above the level economists had been expecting.The report released Friday by ... [Published Observer-Reporter - Dec 07 2012]
First reported Nov 29 2012 - Updated Nov 30 2012 - 2 reports

Third Quarter GDP Revised Upward, Not Necessarily Good News

The big economic news today came in the form of the Commerce Department’s first revision to the third quarter GDP numbers which showed that the economy grew at the stronger than expected rate of 2.7% : Even as the government said that the United ... [Published Outside The Beltway | OTB - Nov 29 2012]

Quotes

"the events [stemming from] the financial crisis were outside the experience of the models and the people running the models" Nigel Gault said in an interview. (Gault, the former chief U S economist for the consulting firm IHS, was not at the conference...
... But that's not what's happening. "this report is nowhere near as bad as it looks on the surface" said Nigel Gault, chief U S economist at HIS Global Insight. "It would
...the debt ceiling would have far more severe consequences than going off the fiscal cliff would have done," says Gault, who anticipates that "another damaging episode of brinkmanship" is on the horizon

More Content

All (24) | News (15) | Reports (0) | Blogs (9) | Audio/Video (0) | Fact Sheets (0) | Press Releases (0)
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News Flash: Economists Clueless [Published Safe Haven - Apr 23 2013]
The end of macroeconomic magic: Robert J. Samue... [Published Oregonian - Apr 22 2013]
American Wind Energy Grows 28% And Installs 45,... [Published Simply Green - Apr 19 2013]
US Factory Orders Climb on Demand for Autos, Pl... [Published OANDA Forex Blog - Apr 02 2013]
Robert Samuelson’s Psychological Problems [Published Firedoglake - Feb 18 2013]
David Shere: Fox's Cavuto On Spending Cuts: "We... [Published Media Matters for America - County Fair - Feb 16 2013]
The GDP Drop Is No Big Deal [Published RealClearPolitics - Homepage - Jan 31 2013]
U.S. GDP drops 1%: What the analysts say [Published Financial Post - Top Stories - Jan 30 2013]
US employment changes since [Published WPRI - Jan 04 2013]
Forget the market rally. The fiscal cliff deal ... [Published Ezra Klein - Jan 03 2013]
Can Fiscal Cliff Negotiators At Least Agree on ... [Published Wall St. Cheat Sheet - Dec 31 2012]
Wonkbook: On the edge of the fiscal cliff [Published Ezra Klein - Dec 31 2012]
US adds 146K jobs, jobless rate falls to 7.7 pe... [Published Times Argus - Dec 08 2012]
U.S. jobless rate hits four-year low in November [Published Tulsa World - Dec 08 2012]
U.S. creates 146,000 jobs as unemployment rate ... [Published Observer-Reporter - Dec 07 2012]
Third Quarter GDP Revised Upward, Not Necessari... [Published Outside The Beltway | OTB - Nov 29 2012]
The U.S. economy grew 2.7% last quarter. That's... [Published Ezra Klein - Nov 29 2012]
Politicians duel over jobs report [Published Philadelphia Inquirer - Nov 02 2012]
US trade gap grows on oil costs: report [Published Taipei Times Online - Oct 07 2012]
Demand is high for rental units [Published Philadelphia Inquirer - Oct 07 2012]
Weak employment report could push Fed to action [Published USA Today - Sep 07 2012]
Only 96K jobs added in August; jobless rate dips [Published USA Today - Sep 07 2012]
Bernanke makes case for more Fed intervention [Published USA Today - Aug 31 2012]
A year later, S&P downgrade of US looks like a dud [Published Beaver County Times - Aug 06 2012]
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sort by: Date | Relevance
US Factory Orders Climb on Demand for Autos, Pl... [Published OANDA Forex Blog - Apr 02 2013]
Orders placed with U.S. factories increased in February, boosted by a pickup in demand for motor vehicles and commercial aircraft. The 3 percent gain in bookings, the biggest in five months, followed a revised 1 percent decline in January, a Commerce ...
Robert Samuelson’s Psychological Problems [Published Firedoglake - Feb 18 2013]
Robert Samuelson is convinced that the U.S. economy is suffering from psychological problems. In a piece titled, “why job creation is so hard” he tells readers: “We have gone from being an expansive, risk-taking society to a skittish, risk-averse ...
David Shere: Fox's Cavuto On Spending Cuts: "We... [Published Media Matters for America - County Fair - Feb 16 2013]
Fox News host Neil Cavuto claimed that spending cuts that lead to austerity "will never happen," even as data show that continued cuts remain a drag on economic recovery. In fact, economists contend that if it weren't for government cuts, the unemployment ...
The GDP Drop Is No Big Deal [Published RealClearPolitics - Homepage - Jan 31 2013]
Daniel Gross, The Daily BeastIs the U.S. economy really slipping back in recession? The Commerce Department reported Wednesday morning that the economy shrank at a .1 percent annual rate  in the fourth quarter. If the figure stands up to further ...
Forget the market rally. The fiscal cliff deal ... [Published Ezra Klein - Jan 03 2013]
The stock market surged the day after Congress passed a fiscal cliff fix, with the Dow rallying more than 300 points on Wednesday. But economists point out that the deal will still cause some drag on the economy in 2013, and some analysts have released ...
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