Jobless claims: close but no cigar for the red flag
– by a New Deal Democrat Jobless Claims: A Close Call, But Red Flags Persist , Initial claims fell -9,000 to 228,000 last week, and the four-week average fell -9,250…
New housing construction appears to have bottomed out; but expect further declines in construction employment
– by a New Deal Democrat Over the past few months, I’ve noticed that new home sales, which while very volatile are often the first indicator to signal a change…