February 2011 Macro Pulse -- “Sixteen Tons”

Thanks to a lack of shocks in January, the U.S. economy managed to stay “on the tracks.” The 4Q2010 real GDP growth rate picked up to 3.2 percent (from 3Q’s 2.6 percent), but that growth appears to have been as much the result of unrealistically optimistic statistical assumptions as genuine activity. When the dust settled at the end of the month, we just felt (“borrowing” from the song that graces our title) “another month older and deeper in debt.”


Click here to read the entire February 2011 Macro Pulse recap.

The Macro Pulse blog is a commentary about recent economic developments that affect the forest products industry. That commentary provides context for our 24-month forecast, which is contained in the monthly Economic Outlook newsletter available through Forest2Market. The monthly Macro Pulse newsletter summarizes the previous 30 days of commentary available on this website.