– by a New Deal Democrat No major economic news today, but there will be a few important updates tomorrow, including real retail sales and industrial production for April, as…
– by a New Deal Democrat My Weekly Indicators post is up at Seeking Alpha. There was a slower deterioration in the matched indicators, but an interesting bounce in several…
– by a New Deal Democrat Record job growth in April defies the Fed’s efforts There is no economic news this morning, so let’s take a closer look at some…
You already know the look: Your dog is staring at you, eyes bright with curiosity and ears perked up. And of course, the puppy’s head tilts slightly to one side…
– by a New Deal Democrat As I’ve indicated several times recently, I currently consider the Personal Income and Expenses report equal to the Employment report as the most important…
This week is a bit light on data, except for housing permits and starts (Tuesday) and existing home sales (Thursday), so let me catch up with a few other indicators.…
– by a New Deal Democrat Real manufacturing and trade sales are one of the 4 monthly matching indicators most closely monitored by the NBER to determine whether the economy…
– by a New Deal Democrat If March retail sales were poor, industrial production (blue in the chart below) was the least mixed on the upside. Total production increased by…
– by a New Deal Democrat After a quiet early part of the week, we get a flurry of data today: retail sales and industrial production for March and general…
– by a New Deal Democrat Initial jobless claims last week rose 11,000 to 239,000. The more important 4-week average rose 2,250 to 240,000. Continuing claims, one week late, fell…