{"id":4562,"date":"2008-12-18T23:10:06","date_gmt":"2008-12-19T03:10:06","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=4562"},"modified":"2008-12-18T23:10:06","modified_gmt":"2008-12-19T03:10:06","slug":"cleveland-fed-releases-december-economic-trends","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=4562","title":{"rendered":"Cleveland Fed Releases December &quot;Economic Trends&quot;"},"content":{"rendered":"<p>The Cleveland Fed has released the <a href=\"http:\/\/www.clevelandfed.org\/research\/trends\/2008\/1208\/dec.pdf\">December issue of Economic Trends<\/a>, with articles:<\/p>\n<ul>\n<li>October Price Statistics\n<li>The Yield Curve, November 2008\n<li>Japan&#8217;s Quantitative Easing Policy\n<li>Industrial Production, Commodity Prices, and the Baltic Dry Index\n<li>GDP: Third Quarter Preliminary Estimate\n<li>The Employment Situation, October 2008\n<li>Metro-Area Differences in Home Price Indexes\n<li>Fourth District Employment Conditions, October 2008\n<li>Fourth District Community Banks<\/ul>\n<p>One table and one chart are of particular interest:<\/p>\n<div align=\"center\"><img decoding=\"async\" src=\"http:\/\/www.prefblog.com\/wp-content\/uploads\/2008\/12\/uscpi_081218.jpg\"><\/div>\n<p>Deflation is always a possibility, but for now it looks like a simple unwind of the commodity boom.<\/p>\n<div align=\"center\"><img decoding=\"async\" src=\"http:\/\/www.prefblog.com\/wp-content\/uploads\/2008\/12\/us_homeprices_081218.jpg\"><\/div>\n<p>Houses, ditto.<\/p>\n<blockquote><p>Cities like Miami, Los Angeles, San Diego, and Washington, D.C. all saw tremendous growth in home prices during the boom and have all subsequently seen massive declines in values. On the other hand, cities like Denver and Charlotte saw little to no unusual home price appreciation during the boom and have seen home prices decline only modestly during the bust.<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>The Cleveland Fed has released the December issue of Economic Trends, with articles: October Price Statistics The Yield Curve, November 2008 Japan&#8217;s Quantitative Easing Policy Industrial Production, Commodity Prices, and the Baltic Dry Index GDP: &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":["post-4562","post","type-post","status-publish","format-standard","hentry","category-interesting-external-papers"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/4562","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4562"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/4562\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4562"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4562"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4562"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}