{"id":193209,"date":"2009-01-09T18:21:00","date_gmt":"2009-01-09T23:21:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2009\/01\/09\/economics-update-306\/"},"modified":"2009-01-09T18:21:00","modified_gmt":"2009-01-09T23:21:00","slug":"economics-update-306","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2009\/01\/09\/economics-update-306\/","title":{"rendered":"Economics Update"},"content":{"rendered":"<p>The big news was the employment data, which I blogged on earlier, but here is the rest:<\/p>\n<p><a href=\"http:\/\/money.cnn.com\/2009\/01\/09\/news\/economy\/wholesale.reut\/index.htm\">Wholesale inventories, and wholesale prices fell sharply<\/a> in November.  Even so, the &#8220;stock-to-sales ratio&#8221; rose because of less buying.<\/p>\n<p>Looks like wholesale deflation to me.<\/p>\n<p>Oil <a href=\"http:\/\/money.cnn.com\/2009\/01\/09\/markets\/oil\/index.htm\">fell on the jobs news<\/a>, because the unemployed don&#8217;t consume much oil.<\/p>\n<p>The Dollar <a href=\"http:\/\/money.cnn.com\/2009\/01\/09\/markets\/dollar\/index.htm\">was mixed<\/a>, losing against the Pound and Yen, and gaining against the Euro.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The big news was the employment data, which I blogged on earlier, but here is the rest: Wholesale inventories, and wholesale prices fell sharply in November. Even so, the &#8220;stock-to-sales ratio&#8221; rose because of less buying. Looks like wholesale deflation to me. Oil fell on the jobs news, because the unemployed don&#8217;t consume much oil. &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1080,973,1135,1200],"tags":[],"class_list":["post-193209","post","type-post","status-publish","format-standard","hentry","category-currency","category-economy","category-energy","category-inflation"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/193209"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=193209"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/193209\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=193209"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=193209"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=193209"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}