Saturday, June 3, 2023

Weekly Indicators for May 29 - June 2 at Seeking Alpha


 - by New Deal democrat

My “Weekly Indicators” post is up at Seeking Alpha.

Much like yesterday’s employment report, which showed a deep bifurcation between the Establishment and Household Surveys, the economy as a whole is also showing a deep bifurcation between elements well into recessionary territory, and elements showing strong growth. Together they net out to drifting sideways at a very weak growth level.

As usual, clicking over and reading will bring you up to the virtual moment on the economic data, and bring me a little lunch money.