Saturday, July 3, 2021

Weekly Indicators for June 28 - July 2 at Seeking Alpha

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  - by New Deal democrat My Weekly Indicators post is up at Seeking Alpha . The indicators in all time frames continue to be very positive,...
Friday, July 2, 2021

June jobs report: a tale of two very different surveys - but both far from full recovery

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   - by New Deal democrat HEADLINES : 850,000 jobs added. Of these, 662,000 were private sector jobs, and 188,000 were government jobs, chie...
Thursday, July 1, 2021

June data starts out mixed: manufacturing strong, housing stalls

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   - by New Deal democrat June data started out this morning with the ISM manufacturing report. There was no big change from last month’s to...

New jobless claims: a surprise to the positive side

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    - by New Deal democrat I have been paying particular attention to new jobless claims this year, as being the most important weekly econo...
Wednesday, June 30, 2021

Coronavirus dashboard for June 30: 2 to 4 weeks until a likely major “Delta” outbreak in unvaccinated regions

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    - by New Deal democrat Missouri has been the US bellwether for the onset of the “Delta” variant of COVID. Which makes the below graph by...
Tuesday, June 29, 2021

House prices continue to surge, with affordability near its worst since the Great Recession

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   - by New Deal democrat The FHFA and Case Shiller house price indexes for May and April, respectively, were released this morning. Becaus...
Monday, June 28, 2021

Coronavirus dashboard for June 28: comparisons with one year ago as “delta” spreads

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   - by New Deal democrat Let’s begin this installment with a look at vaccinations by county from a different source that a reader pointed m...
Saturday, June 26, 2021

Weekly Indicators for June 21- 25 at Seeking Alpha

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   - by New Deal democrat My Weekly Indicators post is up at Seeking Alpha. All of the important metrics for the economy remain positive. Bu...
Friday, June 25, 2021

Real personal income and spending both decline in May - but that’s OK, as it was mainly expiration of stimulus; NBER likely to declare end of recession soon

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    - by New Deal democrat The last of the 4 monthly coincident markers for whether the economy is in recession vs. expansion was reported t...
Thursday, June 24, 2021

New jobless claims stall, adding to the evidence that stalling vaccinations and case counts are having an economic effect

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   - by New Deal democrat New jobless claims have been the most important weekly economic datapoint this year, as they have correlated stron...
Wednesday, June 23, 2021

New home sales edition: the remedy for high prices is . . . high prices

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   - by New Deal democrat New home sales confirmed this morning what we learned from existing home sales yesterday, and from housing permit...

Coronavirus dashboard for June 23: And so, it (the delta wave) begins

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   - by New Deal democrat [Note: New home sales will be reported later this morning, and I will post on that report afterward.] There is now...
Tuesday, June 22, 2021

The remedy for high house prices is . . . high house prices

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   - by New Deal democrat I normally don’t pay much attention to existing home sales, since they tell us much less about future economic ac...
Monday, June 21, 2021

Coronavirus dashboard for June 21: watching the States with flat or increasing rates of new cases

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    - by New Deal democrat For the past week I have been sounding the alarm about the economic impact of the “delta” variant of COVID. We ar...
Saturday, June 19, 2021

Weekly Indicators for June 14 - 18 at Seeking Alpha

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   - by New Deal democrat My Weekly Indicators post is up at Seeking Alpha. There was a little more deterioration in the long leading indic...
Friday, June 18, 2021

Coronavirus dashboard for June 17: big progress since 1 year ago; big “Delta” challenge still ahead

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   - by New Deal democrat One year ago today, in my Coronavirus Dashboard for June 17 , here was my graph of cases: Which I described as: As...