Saturday, January 14, 2023

Weekly Indicators for January 9 - 13 at Seeking Alpha

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   - by New Deal democrat My Weekly Indicators post is up at Seeking Alpha . One thing that comes with the territory of high frequency indi...
Friday, January 13, 2023

Real average wages and real aggregate payrolls for December 2022

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  - by New Deal democrat Now that we know December consumer inflation, we can see how the American working/middle class is “really” doing. N...
Thursday, January 12, 2023

Jobless claims start out 2023 where they left off in 2022 - as positive

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 - by New Deal democrat It took a little while for FRED to post this data today, but with that reason for a delay . . .  Initial jobless cla...

Consumer inflation remains dominated by gas prices (good) and shelter (bad)

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  - by New Deal democrat Declining gas prices continue to do wondrous things for the economy. In December they declined from roughly $3.50 t...
Wednesday, January 11, 2023

An in-depth look at production and sales: evidence of peaking in both

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 - by New Deal democrat Yesterday I took an in-depth look at employment. Today let’s take a look at two other important coincident indicator...
Tuesday, January 10, 2023

Scenes from the December jobs report: more deceleration

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 - by New Deal democrat The only significant economic data this week will be released on Thursday, with both CPI and jobless claims. In the ...
Monday, January 9, 2023

In which I quibble with Prof. Alan Blinder about the main reason for the decline in inflation since June

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   - by New Deal democrat  Alan S. Blinder is getting traction for an opinion piece published in the WSJ concerning the big decline in infl...
Sunday, January 8, 2023

Weekly Indicators for January 2 - 6 at Seeking Alpha

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    - by New Deal democrat My Weekly Indicators post is up at Seeking Alpha . No big changes from the past month or so. The overall economic...
Friday, January 6, 2023

December jobs report: good headlines, but deceleration continues

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    - by New Deal democrat If the long leading indicators all last year, and the majority of the short leading indicators from the past few...
Thursday, January 5, 2023

New jobless claims end 2022 on a positive note; preview of tomorrow’s jobs report

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   - by New Deal democrat Initial claims started off the year - or ended last year if you are technical about it - on a positive note, decli...
Wednesday, January 4, 2023

November JOLTS report consistent with a continued “hot” labor market

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  - by New Deal democrat   The JOLTS report for November showed both continuing decelerating trends in some series, but overall a picture of...

December manufacturing, new orders both decline further, to readings even more on the cusp of recession

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 - by New Deal democrat I described last month’s ISM manufacturing reading as being one “on the cusp of recession.” Well, this month’s readi...
Tuesday, January 3, 2023

2023 data begins with another lesson: the remedy for high prices is - high prices

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   - by New Deal democrat And so, another year begins. And kicks off with a look at the leading housing sector. And furthermore, there is e...