Thursday, October 22, 2026

Jobless claims continue near historic lows, forecast sub-4.0% unemployment rate

›
   - by New Deal democrat Let’s take our regular weekly look at jobless claims. As a brief reminder, I always look at this because, especial...
Wednesday, October 21, 2026

The inflationary expansion is still expanding, and is likely even more inflationary

›
   - by New Deal democrat There were a couple of reports last week about the manufacturing sector that I didn’t cover then. Let’s take a loo...
Tuesday, October 20, 2026

September new housing construction: saying farewell to the late incipient housing recovery

›
 - by New Deal democrat Last month I started my report on housing construction by writing that “ This morning’s report on housing construct...
Monday, October 19, 2026

Consumer spending, income and wealth

›
   - by New Deal democrat For awhile now I have been writing about how the wealth effect has been powering sales among upper income househol...
Saturday, October 17, 2026

Weekly Indicators for October 12 - 16 at Seeking Alpha

›
   - by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha. The tug of war between the AI-powered inflationary expansion, ...
Friday, October 16, 2026

Insutrial production, primarily powered by AI-related utilities, continued its rebound in September

›
   - by New Deal democrat One of the biggest, if not the biggest, trend I have been writing about is the rebound in manufacturing that has b...
Thursday, October 15, 2026

Retail sales continue this year’s positive trend, suggest jobs market likely to improve as well

›
   - by New Deal democrat As per usual, real retail sales is one of my favorite economic indicators, because it says so much about the healt...

Jobless claims continue near historic lows (yet again)

›
   - by New Deal democrat Let’s take our regular weekly look at jobless claims. As per my periodic reminder, these are an excellent short le...
Wednesday, October 14, 2026

September CPI shows widespread movement *away* from Fed target, post-pandemic low in real nonsupervisory payroll growth

›
   - by New Deal democrat After two benign months due to a temporary decline in energy prices this summer, the higher trend in inflation ret...
Tuesday, October 13, 2026

The subpar equilibrium in existing home sales continues - for now

›
   - by New Deal democrat To repeat my housing sector mantra for the umpteenth time, mortgage rates lead sales, which in turn lead prices, w...
Monday, October 12, 2026

A proposal for Project 2029: Medicare Advantage for All

›
   - by New Deal democrat On this Indigenous Peoples/Columbus Day holiday, there is no new economic news, so let me roll out something I hav...
Saturday, October 10, 2026

Weekly Indicators for October 5 - 9 at Seeking Alpha

›
   - by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha . The paradigm that has been supreme for the last few months co...
Friday, October 9, 2026

The US economy right now: AI vs. everything else

›
   - by New Deal democrat Let’s wrap up this week of limited economic data by looking at perhaps the most prevalent theme about the state of...