Michael Mandel

Top 15 states by App Economy jobs (thousands) California 408 Texas 239 Washington 137 New York 136 Florida 129 Pennsylvania 114 Illinois 90 Virginia 83 Georgia 81 Massachusetts 81 Colorado 75 Ohio 74 North Carolina 74 New Jersey 69 Minnesota 62 progressivepolicy.org/wp-content/upl…

The relative price of digital goods and services is falling at a rapid pace. Companies that were reluctant to digitize in a low-inflation environment now may be forced to take the big step. progressivepolicy.org/blogs/high-ove…

washingtonpost.com/business/2022/… In particular, I'm thinking of all the brilliant folks who were pulled into crypto who could be transforming the other 95% of the economy by applying AI and other amazing digital technologies

Low digital inflation is making tech investment look increasingly appealing for cost-conscious companies. That suggests that the tech boom will continue, despite a wave of sector layoffs. progressivepolicy.org/blogs/high-ove…

A new blog on "Closing the Broadband Adoption Gap: The Right Way--and the Wrong Way" progressivepolicy.org/blogs/closing-…

"I think what we're going to find is that we're going to have a lot of other challenges that come up for which having a strong biosciences capacity is absolutely essential," says economist @michaelmandel in conversation with TPN member @JimPethokoukis. #details" target="_blank" rel="nofollow noopener">fasterplease.substack.com/p/faster-pleas…

More broadly, jobs in the consumer distribution sector (retail+delivery+fulfillment) as of Sept 2021 were revised up by 324K, while jobs in the overall private sector as of Sept 2021 were revised down by 350K. Ecommerce has become a massive job creation machine.

Revisions to the job numbers highlight the growing economic importance of ecommerce. The jobs report released a year go showed 1481K warehousing jobs in Sept21. The report released today shows 1684K warehousing jobs in Sept21 (revised). That's a revision of 14%, or 200K. /1

This week, TPN member @JimPethokoukis sat down with @michaelmandel, chief economist at @ppi, to discuss the role of tech companies in the American economy. fasterplease.substack.com/p/faster-pleas…

Since Feb20, the consumer distribution sector (retail+delivery +fulfillment) has added 650K fulltime-equivalent jobs (FTE). Thus, the shift to ecommerce has been a net job producer. This important fact helps show the way out of the great job dilemma. #details" target="_blank" rel="nofollow noopener">fasterplease.substack.com/p/faster-pleas…

💻 Part one of my conversation with economist @MichaelMandel about Silicon Valley and America's technology sector fasterplease.substack.com/p/faster-pleas…

Technology and e-commerce companies have a reputation for driving creative destruction but are also a source of high-wage job growth. @michaelmandel of @ppi joins @JimPethokoukis to discuss the role of tech companies in the American economy. Listen here: #details" target="_blank" rel="nofollow noopener">fasterplease.substack.com/p/faster-pleas…

U.S. producer prices notch second straight monthly decline in August reut.rs/3xmE8Fq

U.S. producer prices notch second straight monthly decline in August reut.rs/3qGaAPm

Read the full report from PPI's former director of health care @ariellesophia & chief economist @MichaelMandel: progressivepolicy.org/publication/th…

Low digital inflation continues. Yoy from this morning's report Wireless prices down 0.6% Smartphone prices down 20.4% Recorded music and music subscription prices down 0.6% It's almost as if there was competition and productivity growth in the digital sector /s

New on Slow Boring — I talked to Janet Yellen about her big speech this week, Bidenomics, and her vision of a modern supply-side agenda. slowboring.com/p/janet-yellen…

Changes in the environmental, social and governance (ESG) ratings of a firm can have "long-lasting effects" on stock returns, according to academic research: environmental-finance.com/content/news/e…

china passes united states in life expectancy should be a headline in every us newspaper

Digital Inflation stayed low in July. For example, internet access charges fell by 1.1% in the year ending July22, and ecommerce margins fell by 7.9%. Overall, the unweighted mean y-o-y price increases for 13 digital goods and services was only 1.9%