{"id":195546,"date":"2008-07-01T17:15:00","date_gmt":"2008-07-01T22:15:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2008\/07\/01\/economics-update-427\/"},"modified":"2008-07-01T17:15:00","modified_gmt":"2008-07-01T22:15:00","slug":"economics-update-427","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2008\/07\/01\/economics-update-427\/","title":{"rendered":"Economics Update"},"content":{"rendered":"<p>Construction spending is <a href=\"http:\/\/money.cnn.com\/2008\/07\/01\/news\/economy\/construction_spending\/index.htm?cnn=yes\">still down<\/a>, though at an 0.4% seasonally adjusted rate, which is better than the predicted 0.6% rate.<\/p>\n<p>Both <a href=\"http:\/\/money.cnn.com\/2008\/07\/01\/markets\/oil\/index.htm?postversion=2008070108\">oil<\/a>, still above $140\/bbl, and <a href=\"http:\/\/money.cnn.com\/2008\/07\/01\/news\/economy\/gas\/index.htm\">retail gasoline<\/a> hitting another record.<\/p>\n<p>Part of this is because the <a href=\"http:\/\/money.cnn.com\/2008\/07\/01\/markets\/dollar\/index.htm\">dollar is getting pummeled<\/a> and that tends to drive oil higher.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Construction spending is still down, though at an 0.4% seasonally adjusted rate, which is better than the predicted 0.6% rate. Both oil, still above $140\/bbl, and retail gasoline hitting another record. Part of this is because the dollar is getting pummeled and that tends to drive oil higher.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1080,973,1135,1088],"tags":[],"class_list":["post-195546","post","type-post","status-publish","format-standard","hentry","category-currency","category-economy","category-energy","category-real-estate"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/195546"}],"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=195546"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/195546\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=195546"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=195546"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=195546"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}