Industrial and manufacturing production continue to slow
– by a New Deal Democrat Slowing Industrial and Manufacturing Production: A Trend Analysis , I often call industrial production the King of Convergent Indicators because so often the turning…
June retail sales continued to slow, with the important exception of motor vehicles
– by a New Deal Democrat June Retail Sales: A Slowdown Persists, Except for Motor Vehicles , As usual, retail sales are one of my favorite indicators because they tell…
Initial claims are approaching a red flag recession warning
– by a New Deal Democrat Approaching a Red Flag: Initial Claims and the Recession Warning , Initial jobless claims fell -12,000 last week to 237,000. The four-week average fell…
Initial Claims: Revisions rear their ugly head again
– by a New Deal Democrat “Initial Claims Revisions” Revisions are a constant danger in reporting economic data. This was very evident in this week’s jobless claims report. Not only…
Weekly Indicators for May 8 – 12 at Seeking Alpha
– 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…
Two “fundamental” indicators of the American middle/working class and the economy
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.…