Cognitive dissonance is “the discomfort experienced
when simultaneously holding two or more conflicting ideas, beliefs, values or
emotional reactions.” That is an apt description of how we felt when reading
many of the reports, published during the past month, describing the health of
the U.S.
economy. In several cases, the headline numbers were quite positive, but the
underlying details were much less so. That left us scratching our heads
wondering wherein lies the truth. What follows are a couple of examples:
Click here to read the
entire November 2013 Macro Pulse
recap.
The Macro
Pulse blog is a commentary about recent economic developments affecting the
forest products industry. The monthly Macro Pulse newsletter summarizes the previous 30 days of commentary available on
this website.
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