Monday, December 6, 2021

Scenes from the November jobs report: what sectors are hurting the least, and most, from the pandemic

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   - by New Deal democrat As I wrote on Friday, I strongly suspect that the relatively lackluster 210,000 jobs report for November will be r...
Saturday, December 4, 2021

Weekly Indicators for November 29 - December 3 at Seeking Alpha

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   - by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha . After a long time of very few if any weekly changes among the...
Friday, December 3, 2021

November jobs report: the only thing keeping the jobs market completely recovering to pre-pandemic levels, is the pandemic itself

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    - by New Deal democrat One month ago, we got very large upward revisions to previous data. This month the big questions I had were wheth...
Thursday, December 2, 2021

Continuing jobless claims fall below 2 million

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   - by New Deal democrat The star of the show this week was continuing claims, which finally declined below 2,000,000, as they recorded a n...
Wednesday, December 1, 2021

Manufacturing still red hot; construction still very cool

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   - by New Deal democrat Our first November data is out this morning with the forward-looking ISM manufacturing report for October, as well...
Tuesday, November 30, 2021

Clear signs of *deceleration* in house price increases, but no sign of actual declines yet

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   - by New Deal democrat The veritable explosive increase in house prices has been one of the biggest economic stories of the past year. A...

The Debut of the Deranged DOOOMers, 2021 edition: No, the strong advance of the Index of Leading Indicators is not forecasting a recession

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   - by New Deal democrat Five to ten years ago, I used to have a lot of fun taking the hide off DOOOMers. You know, the pundits who always...
Monday, November 29, 2021

Coronavirus dashboard for November 29: half of what you read about Omicron is wrong, but you won’t know which half for weeks

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 - by New Deal democrat As with any “Breaking News!” event, about half of what you read will be wrong. The problem is, nobody knows which ...
Sunday, November 28, 2021

Weekly Indicators for November 22 - 26 at Seeking Alpha

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   - by New Deal democrat My Weekly Indicators post is up at Seeking Alpha. Despite the roiling of the financial waters (on thin trading, wi...
Friday, November 26, 2021

Coronavirus dashboard for November 26: pessimistic and optimistic scenarios for the winter wave

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   - by New Deal democrat I hope all of you had a Happy Thanksgiving. Since I haven’t posted one in a bit, here is an update on the pandemic...
Wednesday, November 24, 2021

The consumer spending spree continued in October

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   - by New Deal democrat Real personal income and spending held up well throughout the pandemic, due to a vigorous government response. Wit...