It's getting late as I post this, so I'm not going to do an in-depth post tonight. But I will be anxiously awaiting the job numbers in the morning. I have a rather ominous feeling about the unemployment rate given all that has transpired recently. But by the same token, I have to report that micro level data is mixed. Here in our county I've been hearing some good things about the number of jobs being created. If this is a recession, it's certainly not an ordinary one. More on that later.
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I'll be getting back to a somewhat more regular posting schedule in the coming days. In the last 6 weeks, I taught an MBA course as well as tried to prepare some things for the fall and spend a lot of time with the family. But with the beginning of August comes a feeling of urgency to get back to work. And the blog, in a way, is tied to that as a reflection of what I read and think about.
So as I dig in and revise those macro principles notes before the start of the semester, I will try to pull myself away a bit more often. Hope your summer has been as enjoyable as mine has.
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