The headline number for initial unemployment claims was 300,000, soundly trouncing the consensus guess of Wall Street conomists of 318,000. The headline number is seasonally…
Why you need to understand both the silliness and the real meaning of the Conference Board’s Consumer Confidence Index. It IS important.
The seasonally adjusted, annualized headline number is fictitious. April’s actual new home sales totaled 41,000.
The behavior of initial unemployment claims is similar to its behavior at the top of the housing bubble in 2006. This is a warning that a top…
Actual, nominal retail sales grew at the robust annual rate of 4.8% after posting the best April performance since 2009. But there’s a problem with…
By now you have heard about Friday’s blockbuster housing starts numbers that blew out conomists’ expectations. Here’s the actual, not seasonally adjusted data.
http://youtu.be/QEdIL8sAFR4
A weak US economy may be stretched to its natural limits, and could be overextended, based on initial unemployment claims data.
The Fed’s actual, not seasonally adjusted (NSA) Industrial Production Index was up 3.2% over the past 12 months after declining by 2.1% in April from…
The advance number of actual initial claims under state programs, unadjusted, totaled 286,916 in the week ending May 3, a decrease of 31,211 (or -9.8…