IIP for June 2010 was at 7.1% (y-o-y). It was lower than market expectations of 8.1% (various newswires). The figure for April was revised lower from 16.7% to 16.5%.
Archive for August 13th, 2010
Matthew Kahn and Matthew Kotchen have written this insightful paper on the topic.
The main thought behind the paper is as recession deepens and hits unemployment, people become less worried over global warming and environment concerns. The worries instead shifts to unemployment and job issues. This they track using three sources of data – Google analysis, A national survey and a California state specific survey. The questions are asked before and during the crisis. So, one can see that a higher % of people were concerned about environment before the crisis.