Now that the CPI fiction has been posted, it requires that this post I wrote the other day be recycled for a second reading. The…
The Wall Street Journal reported today that: U.S. Home-Builder Confidence Hits Near-Decade High “An index of builder confidence in the market for new single-family homes…
U.S. Industrial Production Ratchets Up in July trumpeted the Wall Street Journal on Friday. It added that, “Industrial production, a measure of output in the…
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.…
Actual initial unemployment claims counted by the 50 states totaled 239,899 last week, which is another record low for this calendar week. It continues a nearly…
There are a lot of ways to define “inflation.” There are a lot of ways to measure “inflation.” Economists, the Fed, and Wall Street define…
The headline, fictional, seasonally adjusted (SA) number of initial unemployment claims for last week came in at 267,000. The Wall Street economist crowd consensus guess close to…
So the Fed didn’t raise rates again. And the timing of the rate increase will be data dependent. Ho hum. There’s just one little problem. The…
The mainstream media reported the Case Shiller Index for “May.” I put that in quotes because the data does not represent the actual state of…
