Menzie Chinn
mchinn.bsky.social
Menzie Chinn
@mchinn.bsky.social

Professor of Public Affairs and Economics, University of Wisconsin, and Blogger at Econbrowser. All views are my own.

Menzie David Chinn is a professor of public affairs and economics at the University of Wisconsin–Madison, co-editor of the Journal of International Money and Finance, and a Research Associate of the National Bureau of Economic Research International Finance and Macroeconomics Program. .. more

Economics 93%
Business 4%

Reposted by Menzie Chinn

Negative equity increasing especially in Florida and parts of Texas.

Reposted by Menzie Chinn

It’s not even working how they want. Trump’s numbers are tanking. He’s lost 3 net over last 3 weeks and the trajectory has shifted to the bottom falling out. fiftyplusone.news/polls/approv...

In 2025, Republican assessment of current conditions are impervious to bad news, acc u.Mich survey #EconSky

econbrowser.com/archives/202...

U.Mich sentiment (current, expectations, overall) surprise downside, descend to near record levels. Not to fear, as The Repulican agenda is "delivering an economic miracle”... #EconSky
econbrowser.com/archives/202...

Nowcasting BLS private NFP #EconSky
econbrowser.com/archives/202...
Digging up my high school reading, "DonaldTrump Rex" is gouging out his own (economic) eyes (now as farce rather than tragedy); no patricide and incest implied! #EconSky @aaronsojourner.org

econbrowser.com/archives/202...
Every month for the last 77 years, the Bureau of Labor Statistics has estimated Americans' unemployment rate

This streak dies tomorrow

Govt staff could not survey Americans about whether they're working or looking for work in Oct, the 1st time in 934 months

This blind spot will remain forever
Here's the planned BLS data release schedule for Nov 2025.

On Tues, it couldn't release Sept job openings, hires, layoffs and firings data.

This morning, it couldn't release 2025Q3 business Productivity and Costs data.

Tomorrow, it can't release Oct 2025 #JobsReport
www.bls.gov/schedule/202...

Reposted by Georg Weizsäcker

High interest rates vs. policy uncertainty and the downturn in residential investment #EconSky

econbrowser.com/archives/202...

Update: If DRP impact shows up in October govt employment as -150K... @erikamcentarfer.bsky.social says 150K-200K is range #EconSky
econbrowser.com/archives/202...

Yeesh - EJ Antoni is Truflation's latex salesman! #EconSky
I hope he's learned not to deflate GDP using a consumption price index econbrowser.com/archives/202...
"National emergency" 🤔🧐

on.ft.com/49BOOUA

Thanks! I defer to you on this matter. I'll adjust the post accordingly...
150-200K federal workers exited payroll on Sept 30 (drp, not the shutdown) so BLS total NFP bound to be lower than -58K

Reposted by Menzie Chinn

150-200K federal workers exited payroll on Sept 30 (drp, not the shutdown) so BLS total NFP bound to be lower than -58K

ADP private NFP +42K v consensus +32K, implies BLS total NFP at -58K #EconSky
econbrowser.com/archives/202...

Reposted by Menzie Chinn

📍 𝐂𝐇𝐈𝐂𝐀𝐆𝐎, 𝐈𝐋𝐋𝐈𝐍𝐎𝐈𝐒:

A U.S. citizen, Dayanne Figueroa, was dragged from her car by masked federal agents after her vehicle collided with an unmarked ICE vehicle—she was held for hours without charge and left shaken from the encounter. #AbuseofPowerWatch
Chicago woman dragged out of her car after colliding with ICE demands accountability
The arrest of Dayanne Figueroa highlights growing concerns about the use of force against U.S. citizens and due process. She was released after a few hours without charges.
www.chicagotribune.com

(Metaphorically) Admin on employment data: "You want the truth? You can't handle the truth!" #EconSky
econbrowser.com/archives/202...

Why? Has there been "news"? #EconSky
econbrowser.com/archives/202...

Kalshi betting today 9% government doesn't open before next year
kalshi.com/markets/kxgo...
Implausible? Not if the sole reason for closure is Epstein
kalshi.com

Bloomberg consensus for ADP October release is +28K #EconSky
econbrowser.com/archives/202...

Using the 2-quarter rule for recessions, EJ Antoni and Peter St. Onge should have declared the recession of 2022 onward "over" as of 2022Q3 (as opposed to ongoing, as they did in *2024*) #EconSky
econbrowser.com/archives/202...

Jeffrey Frankel on "Abundance" #EconSky
econbrowser.com/archives/202...
Guest Contribution: “Abundance” | Econbrowser
econbrowser.com

The recession of 2022 is over! EJ Antoni, Peter St. Onge, #HeritageFoundation #EconSky
econbrowser.com/archives/202...
Happy Halloween

Lewis, Mertens, Stock WEI; Baumeister, Leiva-Leon, Sims WECI both down relative to "Liberation Day" #EconSky
econbrowser.com/archives/202...
sure, you might not be able to eat or go to the doctor, but check out how nice Trump's new marble shitter is

Auto delinquencies as a business cycle indicator - a caveat #Econsky Fitch
econbrowser.com/archives/202...