The year to year increase in inflation, as measured by the Finished Consumer Goods PPI ex food and energy slipped to +2.67% in August. That’s…
An analysis of individual state claims serves as a kind of advance decline line for confirmation of the trend in the total numbers. The states…
A 2 year string of record lows in initial unemployment claims finally appears to be ending. First time claims in the September 5 week were…
Janet Yellen’s favorite labor market indicator the JOLTS survey showed record job openings and hires in July but the ratio of hires to job openings continued to fall…
I look at an analysis of individual state claims as a kind of advance decline line for confirmation of the trend in the total numbers.…
The stock market broke, but initial claims are still at record levels. This is how it has historically works as bubbles start to deflate. Employers…
I noted some giddiness in my Twitter feed this morning after the record number for July construction spending hit the tape. So here’s my giddy…
NAR data on housing sales showed the largest July decline since 2011, cutting the annual sales volume growth rate by 47% since March. However, while the…
The NAR reported that the median US existing home sale price for sales that settled in July was $234,000, which puts the annual inflation rate…
The BLS reported today that Owners Equivalent Rent, a fictitious input to the CPI which, with the similarly formulated lesser item rent of primary residence accounts for nearly…