Note: Any reading below 100 shows contraction for this index. From the National Restaurant Association (NRA): Restaurant Industry Outlook Remained Uncertain In June as Restaurant Performance Index Declined for Second Consecutive Month The restaurant industry’s economic challenges continued to persist in June, as the National Restaurant Association’s comprehensive index of…

Coinciding with this week’s release of RGE Monitor’s updated 2009/10 Global Economic Outlook, here we present an overview of our European Economic Outlook, including the Nordics, the Baltics and Central and Eastern Europe. Previous newsletters addressed RGE’s U.S. outlook , the outlook for China , and Japan . The…

7/22/09 – Nightly Business Report, PBS – NYU Professor Nouriel Roubini’s Outlook on the Economy Transcript from PBS : Wednesday, July 22, 2009 SUZANNE PRATT: Joining me now with his thoughts on health care and the economy is Nouriel Roubini. He is the economics professor at NYU’s Stern School…

Here is a graph from Jan Hatzius at Goldman Sachs (no link): Click on graph for larger image in new window. The graph shows the end of cliff diving for retail sales, auto sales, home sales, and capital goods orders – but so far no recovery. But GDP can still…

A little Saturday morning video … offered without comment. Bloomberg – Roubini Says U.S. Recession Will Last Six More Months ( Click here for full video ) 00:00 Outlook for the U.S. economy, recession 07:07 Reasons for current economic condition 11:50 Unemployment rate; fiscal consolidation 18:29 Case-Shiller Index; green shoots…

7/9/09 – Bloomberg – Roubini Says U.S. Recession Will Last Six More Months ( Click here for video ) July 9 ( Bloomberg ) — Nouriel Roubini, a professor at New York University’s Stern School of Business, and Robert Shiller, chief economist at MacroMarkets LLC and an economics professor…

Greetings from RGE Monitor! The first half of 2009 has ended and we at RGE Monitor are in the process of updating our quarterly Global Economic Outlook.  Below you will find a preview of our views on the short-to-medium term prospects for the U.S. economy.  The full version of…

The June employment report suggests that the alleged ‘green shoots’ are mostly yellow weeds that may eventually turn into brown manure. The employment report shows that conditions in the labor market continue to be extremely weak, with job losses in June of over 460,000. With the current rate of…

Note: Any reading below 100 shows contraction. From the National Restaurant Association (NRA): Restaurant Industry Outlook Softened in May as Restaurant Performance Index Posted First Decline in Five Months The outlook for the restaurant industry was dampened somewhat in May, as the National Restaurant Association’s comprehensive index of restaurant activity…

6/24/09 – Bloomberg – Nouriel Roubini Says U.S. Economy `Sort of Stabilizing’ ( Click here for Video ) ( Bloomberg ) –  Nouriel Roubini, professor at New York University’s Stern School of Business, talks with Bloomberg’s Deirdre Bolton and Tom Keene about the state of the U.S. economy. Roubini,…