FRB Cleveland Releases September EconoTrends

The Federal Reserve Bank of Cleveland has released the September 2009 Edition of EconoTrends, with short articles on:

  • July Price Statistics
  • The Yield Curve, August 2009
  • The Changing Composition of the Fed’s Balance Sheet
  • Borrow Less, Owe More: The U.S. Net International Investment Position
  • Real GDP: Second-Quarter 2009 Revised Estimate
  • Recent Forecasts of Government Debt
  • The Incidence and Duration of Unemployment over the Business Cycle
  • The Employment Situation, August 2009
  • Fourth District Employment Conditions
  • Bank Lending, Capital, Booms, and Busts

The last is under the general heading “Baking and Financial Institutions”, so I guess we’re cooked!

The next chart shows a source of our current problems that many consider more important that pesky bankers’ bonuses:

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