One way that the Fed creates money is the indirect route. It buys MBS at a profit from the Primary Dealers and in so doing…
October 5, 2012 – The BLS today reported a gain of 114,00 in nonfarm payrolls. That compares with a gain of 574,000 in the actual,…
New factory orders, which is a broader measure than durable goods orders because it includes non-durables, increased in August but were down sharply versus the…
The Labor Department reported that seasonally adjusted (SA) first time claims for unemployment rose by 4,000 to 367,000 from a revised 363,000, in the advance…
Yesterday I posted a report on Federal Withholding Tax collections for September. They were strong. That implied the BLS nonfarm payrolls data to be released…
ISM New Orders Index Not Seasonally Adjusted The ISM not seasonally adjusted (NSA-in other words, actual) new orders index had been diverging from the stock…
Updated October 1, 2012 More timely updates of this data are posted in the Professional Edition weekly Treasury updates. September withholding taxes rose 4.5% in…
9/27/12 August Real Durable Goods Orders, adjusted for inflation and not seasonally manipulated, dropped 8.3% year over year. That compares with a 5% year to…
I have regularly ranted on the employment charts page and elsewhere that the BLS monthly jobs data does not accurately reflect actual jobs trends. Over the past…
The Labor Department reported that seasonally adjusted (SA) first time claims for unemployment fell by 26,000 to 359,000 from a revised 385,000, in the advance…
