Saturday, July 10, 2021

Weekly Indicators for July 5 - 9 at Seeking Alpha

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    - by New Deal democrat My Weekly Indicators post is up at Seeking Alpha . To the surprise of many, interest rates have gone down in the ...
Friday, July 9, 2021

Scenes from last week’s June employment report

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   - by New Deal democrat With no significant economic data today, let’s take a look at some of the more salient numbers from the June emplo...
Thursday, July 8, 2021

Trend in new jobless claims flattens: the virus remains in control in the unvaccinated States

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   - by New Deal democrat New jobless claims are the most important weekly economic datapoint with regard to the effects of vaccination pro...
Wednesday, July 7, 2021

May JOLTS report continues to show a jobs market out of equilibrium

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   - by New Deal democrat This morning’s JOLTS report for May continued all of the trends we saw in April - a huge amount of unfilled job op...
Tuesday, July 6, 2021

Coronavirus dashboard for July 6: bad news and *relatively* “good” news about the Delta Wave

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    - by New Deal democrat In the near future, there appears to be bad news and *relatively* “good” news for the US. The bad news is that th...
Monday, July 5, 2021

No, liberals are not to blame for political polarization

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   - by New Deal democrat Over the long weekend, Kevin Drum picked a fight by saying that you should “blame liberals” for culture wars, arg...
Sunday, July 4, 2021

For Independence Day 2021

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 - by New Deal democrat The Declaration of Independence, 1776: We hold these truths to be self-evident, that all men are created equal, that...
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...