Saturday, October 16, 2021

Weekly Indicators for October 11 - 15 at Seeking Alpha

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   - by New Deal democrat My Weekly Indicators post is up at Seeking Alpha. There are a couple of signs that the inflationary surge may be a...
Friday, October 15, 2021

Another strong month for real retail sales growth; to cope, employers are going to have to sweeten the pot to add employees

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    - by New Deal democrat Real retail sales, perhaps my favorite monthly economic indicator since they tell us so much about average consum...
Thursday, October 14, 2021

Jobless claims: a renewed downward trend?

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   - by New Deal democrat Jobless claims declined 36,000 this week to 293,000, another pandemic low. The 4 week average also declined 10,50...
Wednesday, October 13, 2021

Continuing accelerated consumer inflation points to sharp slowdown, but no recession imminent

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   - by New Deal democrat Inflation, along with the expiration of the emergency pandemic payments, is one of the two big threats to this exp...
Tuesday, October 12, 2021

August JOLTS report: progress towards a new jobs equilibrium?

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    - by New Deal democrat This morning’s JOLTS report covers August, which you may recall featured a disappointing jobs report (since revis...
Saturday, October 9, 2021

Weekly Indicators for October 3 - 7 at Seeking Alpha

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   - by New Deal democrat My Weekly Indicators post is up at Seeking Alpha . Although I have read a few pieces this past week about deep dow...
Friday, October 8, 2021

September jobs report: once again, two very different surveys net to a “relatively” disappointing gain

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    - by New Deal democrat As I previously indicated, two items I was particularly watching for in this morning’s report were (1) manufactur...
Thursday, October 7, 2021

A slow grind in new and continued claims as Covid’s effects gradually transition from pandemic to endemic

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   - by New Deal democrat Jobless claims declined 38,000 this week to 326,000, still 14,000 above the September 4 pandemic low of 312,000. ...
Wednesday, October 6, 2021

Updated US wealth distribution data shows how bad the Great Recession and its aftermath were, and how effective the pandemic assistance has been

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   - by New Deal democrat The desert of new economic data this week continues today. But last week the Fed released its quarterly data on we...
Tuesday, October 5, 2021

Housing and car sales, oh my!

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   - by New Deal democrat [If last week was a slow week for economic data, this week is a virtual wasteland until Thursday, so I took yester...
Saturday, October 2, 2021

Weekly Indicators for September 27 - October 1 at Seeking Alpha

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   - by New Deal democrat My Weekly Indicators post is up at Seeking Alpha. Commodity prices and transportation cost continue to soar, and ...
Friday, October 1, 2021

Manufactuing remains white hot, while construction spending is mixed

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    - by New Deal democrat As usual, we started out the month with the forward-looking ISM manufacturing report for September, as well as co...

Real spending increases, real income declines in August

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   - by New Deal democrat (Note: I’ll report separately on construction spending and the ISM manufacturing index later.) Real personal incom...
Thursday, September 30, 2021

New jobless claims increase: exit Delta, enter supply chain chokepoints?

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   - by New Deal democrat This week jobless claims were higher for the third week in a row, and the 4 week average also rose slightly. Initi...
Wednesday, September 29, 2021

Coronavirus dashboard for September 29: the demographics of disease and death

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    - by New Deal democrat First, let’s start with the good news. The Delta wave continues to roll out just about as swiftly as in rolled in...