US consumer confidence (discussed here) may end up being somewhat better than initially thought. The sentiment figures from the University of Michigan (as opposed to the Conference Board measure) actually improved in August, though remain below th…
This is a tiny selection of some of my past comments on why I love Seasonally Adjusted data. This is by no means a complete…
Latest Updates on 40 Economic and Financial series, each presented to tell the real story accurately and completely.
Commercial Banking ChartsConsumer Sentiment, Stock Prices and HousingDurable Goods and Factory OrdersEconomic Chart GalleryEmployment…
Retail Sales and Real Retail Sales ex Gasoline This report is excerpted from the permanent chart page for Retail Sales and Consumer Sentiment indicators, updated…
Consumer Sentiment at More Than 4-Year High blared the headlines. Here’s what you really need to know about that.
The Consumer Sentiment Survey of Americans, created by George Katona at the University of Michigan in the early 1950s and known today as the Thomson-Reuters University of Michigan Surveys of Consumers, has included a remarkable question about the reas…
August 11, 2011
As Dizzying Week Ends on Wall Street, Dangers Linger
By ERIC DASH and CHRISTINE HAUSER
One of the most tumultuous weeks on Wall Street ended on Friday with the markets not that far from where they started, but with worries about the Un…
.Goldman Sachs cuts U.S. second-quarter growth estimates
On Monday July 18, 2011, 12:45 pm EDT
WASHINGTON (Reuters) – Goldman Sachs has cut its forecast for U.S. second-quarter growth to 1.5 percent from 2 percent, citing weak consumer spending.
The…
(deconstructing a proprietary indicator….. )
“Don’t get me wrong. Leading indicator models are very useful things. And the one provided by ECRI is better than most. However, these sorts of models don’t read newspapers, nor much less can they cal…
I was riding high in April, shot down in May. Watching that mighty river of real estate sentiment, Zillow.com, I found recently that my accidental-landlord house in Virginia had picked up a cool 15 percent in value since January.
Why? Sentiment, ba…