- by New Deal democrat
My “Weekly Indictors” post is up at Seeking Alpha.
The most significant benefit of these high frequency indicators is to alert you of possible changes in trend that are unexpected. In the case of the past several weeks, that would be the sharp improvement in the regional Fed surveys of both manufacturing and services. The latter are almost exactly back in equipoise, and the former have improved all the way back to positive, showing expansion in the manufacturing sector.
This may be of a piece with the improved consumer spending we saw Friday in the persona income and spending data, and suggests the end to distortions based on the original April imposition of tariffs.
As usual, clicking over and reading will bring you up to the moment as to all of the economic sector trends, and bring me a penny or two.
