A couple of weeks after several European countries went on (at least partial) lockdown once again in the face of surging COVID-19 cases, the tightening of restrictions appears to be paying off. As the following chart, based on data from the Johns Hopki…
Dare we dream? Two straight down days? Nah.
Monetary policy can be implemented through outright purchases or sales of securities, which permanently changes the size of the Federal Reserve’s System Open Market Account (SOMA) portfolio.
Monetary policy can be implemented through outright purchases or sales of securities, which permanently changes the size of the Federal Reserve’s System Open Market Account (SOMA) portfolio.
API Gasoline Stocks in the United States increased to 0.26 BBL/1Million in November 13 from -3.30 BBL/1Million in the previous week. API Gasoline Stocks in the United States averaged -0.07 BBL/1Million from 2017 until 2020, reaching an all time high of…
A big splurge in September, and then not much more in October. While it would be consistent for many to focus on the former, instead there is much about the latter which, for once, is feeding growing concerns. Retail sales, American consumer spending on goods, has been the one (outside of economically insignificant housing) bright […]
Average Hourly Earnings in the United States increased 0.10 percent in October of 2020 over the previous month. Average Hourly Earnings in the United States averaged 0.22 percent from 2006 until 2020, reaching an all time high of 4.70 percent in April …
Massive stimulus deployed in Q2 2020 has lifted substantially aggregate household incomes. Meanwhile, lower interest rates have boosted debt affordability, while new demand for credit collapsed. All of which means that, at least through 2Q 2020, U.S. h…
Nahb Housing Market Index in the United States increased to 90 in November from 85 in October of 2020. Nahb Housing Market Index in the United States averaged 51.10 from 1985 until 2020, reaching an all time high of 90 in November of 2020 and a recor…
Industrial Production in the United States decreased 5.30 percent in October of 2020 over the same month in the previous year. Industrial Production in the United States averaged 3.62 percent from 1920 until 2020, reaching an all time high of 62 percen…