The Cost of Japan's Farm Protectionism - Part 1

How much is it costing the Japanese people each year for Abe administration to protect the farm vote and the farmers’ lobby known as JA-Zenchu (JA being short for Japan Agriculture)? While we cannot pretend to give a precise estimate, we can give a sense of the some of the magnitudes involved, and they add up to several ties the entire output of the farm sectors.

The Real Cost of Japan's Farm Protectionism - Part 3

This report continues to detail the costs to the Japanese economy of the continued protection of inefficient farm sectors, this time focusing on the Local Allocation Grants from the national budget that are given out to prefectural and local governments. These grants amount to upwards of 3.5% of GDP and quarter of the national budget.

Standoff at TPP Corral

Amari-Froman talks end early; "no progress" say both sides.

A Graphic Presentation of FMI Key Economic Trends

FMI’s end-of-the-month report for July Graphic summary of economic trends.

The U.S. Dollar and International Economic Conditions

Geopolitical tensions (Russia/Ukraine) are weighing on Europe As a result the dollar has appreciated some vs the Euro.

July 2014 Regional Business Activity Surveys

In July, the Chicago PM index plunged -10 points, its biggest monthly drop since 2008.

July 2014 Employment Preview

FMI’s Preview of July Employment including a review of Weekly UI Claims as well as their analysis of July Chicago Purchasing Managers Index and other Regional Surveys

Data Round-Up: Flow of Funds Shows Improved Household Net Worth

FMI’s analysis of today’s 14Q2 Flow of Funds data.

August 2014 Durable Goods

FMI’s analysis of this morning’s August Durable Goods Orders report and the latest Weekly UI Claims and Rail Traffic data.

Fed Hawks (Bank Presidents) Likely to Be Increasingly Vocal

FMI’s commentary on current and probable future dissents at the FOMC.