U.S. Competitiveness Slips, Switzerland Is Tops in WEF Study
The U.S. ranked 87th for macroeconomic stability, and American businesses also increasingly questioned the government’s ability to avoid meddling in the private sector and viewed it as a wasteful spender, the forum said. In its index of financial market development, the U.S. fell to 31st from ninth in 2008.
87th in macroeconomic stability? Woohoo!
ISM® Services Index Decreased to 50% in September; Prices Paid Very High;
Employment in Contraction for Fourth Consecutive Month
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(Posted with permission). The ISM® Services index was at 50.0%, down from
52.0% last month. The employment index increased to 47.2%, up from 46.5%.
Note: A...
3 hours ago
2 comments:
Macroeconomic modelling is like crack to me so thanks for this link!
Norway only came in 14th place. Bizarre! Per capita GDP of $80,000, $90,000 p/c parked in their SWF.
They've got it made.
Troy,
I would not "push" macroeconomics on anyone of course, even if it did support their habit, lol. ;)
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