ISMManufacturingindexincreasesinSeptemberto 56.2 http://feedly.com/k/18L1KQl The ISM manufacturing index indicated faster expansion in September. The PMI was at 56.2% in September, up from 55.7% in August. The employment index was at 55.4%, up from 53.3%, and the new orders index was at 60.5%, down from 63.2% in August. From the Institute for Supply Management: August 2013 ManufacturingISMReportOnBusiness® Economic activity in the manufacturing sector expanded in September for … Seguir leyendo ISM Manufacturing index increases in September to 56.2

CoreLogic: HousePricesup 12.4% Year-over-yearinAugust http://feedly.com/k/19kcYcV Notes: ThisCoreLogicHousePriceIndexreportisforAugust. The recent Case-Shiller index release was for July. The CoreLogic HPI is a three month weighted average and is not seasonally adjusted (NSA). From CoreLogic: CoreLogicReportsHomePricesRiseby 12.4 PercentYearOverYearinAugust Home prices nationwide, including distressed sales, increased 12.4 percent on a year-over-year basis in August 2013 compared to August 2012. This change represents the 18th consecutive monthly year-over-year increase in … Seguir leyendo CoreLogic: House Prices up 12.4% Year-over-year in August

Global GrowthHopesFade As BalticDryDropsMostIn 11 Months http://feedly.com/k/1c1ynyq While the recent surge in the Baltic Dry Index was headlined as ‘proof’ that the global recovery was ‘on’, China is back, and every retiree should BTFATH, werecentlynoted, allwasnotatallitseemsonthesurfaceofthis data. Fast forward a few days and we have had 2 China PMI misses (notably disappointing relative to their Flash prints) and now the BalticDry has plungedbyitsmostin 11 monthsoverthelast … Seguir leyendo Global Growth Hopes Fade As Baltic Dry Drops Most In 11 Months

Grecia: “El padrino de Aurora Dorada" http://feedly.com/k/16d8bNS Las escuchas telefónicas efectuadas por los servicios secretos para vigilar a Aurora Dorada demuestran que Yannis Lagos, uno de los diputados del partido neonazi, fue informado del asesinato inminente del rapero Pavlos Fyssas, en la noche del 18 al 19 de septiembre. Detenido el 28 de septiembre con otros dirigentes y miembros de su partido, Lagos está igualmente … Seguir leyendo Grecia: “El padrino de Aurora Dorada”

SteveKeenon Non-EquilibriumEconomics: Lecture 1 http://feedly.com/k/16d7K63 This is Lec­ture 1 (“Why Eco­nom­ics Must be a Dis­e­qui­lib­rium Discipline”) of a series of 5 lectures by Steve Keen on non-equilibrium economics, given in Quito (Ecuador) at FLACSO (the Latin American Social Sciences Institute) in September, 2013. Perhaps the title is meant to evoke the classicmonographofNicholasKaldorcalledEconomicsWithoutEquilibrium (Armonk, N.Y., 1985), and Steve Keen does not disappoint in his discussion of … Seguir leyendo Steve Keen on Non-Equilibrium Economics: Lecture 1

JohnTimmer: KansasRepublicans, creationistsoppose new scienceeducationstandards: Noted http://feedly.com/k/16d7Evg JohnTimmer: KansasRepublicans, creationistsoppose new scienceeducationstandards: The NGSS standards are a nationwide attempt to improve science education in the US, and they have been backed by organizations such as the National Research Council, National Science Teachers Association, and the American Association for the Advancement of Science…. The most surprising is Kansas, which has an awkward past when it comes … Seguir leyendo John Timmer: Kansas Republicans, creationists oppose new science education standards: Noted

FallColors, ClimateChange, andPlanetaryGovernance http://feedly.com/k/19RcXOz ByLambertStretherofCorrente. Planetary. He said planetary. OK, OK! The Episcopalians have a liturgy that, back in my day, was called “Star Trek”; it includes the beautiful phrase “this fragile earth, our island home” [warbling and woo-wooing noises under the rubric "optional"]. But bear with me. I’ll start with the leaves, and we’ll get to some ideas on governance from there, based on … Seguir leyendo Fall Colors, Climate Change, and Planetary Governance

AutomationandFutureUnemployment http://feedly.com/k/19RcNGX The impact of cheaper and more sophisticated forms of automation has recently been examined in this report by two researchers from Oxford University’s Programme on the Impacts of Future Technology: CarlBenediktFreyandMichael A. Osborne, “TheFutureofEmployment: How Susceptible are JobstoComputerisation?,” September 17, 2013. Some summaries of the report can be read here: JoshLieberman, “HalfOf U.S. Jobs Are AtRiskOfComputerization: Which 10 Are TheLeastSafe?,” Isciencetimes.com, September 25, … Seguir leyendo Automation and Future Unemployment