By Jill Mislinski – Five out of the twelve Federal Reserve Regional Districts currently publish monthly data on regional manufacturing: Dallas, Kansas City, New York, Richmond, and Philadelphia. Regional manufacturing surveys are a measure of...
By Jill Mislinski – The New York Stock Exchange publishes end-of-month data for margin debt on the NYX data website, where we can also find historical data back to 1959. Let's examine the numbers and study the relationship...
By Jill Mislinski – Last week the Census Bureau released its annual report on household income data for 2016. Last year the median (middle) household income rose to $59,149, a 4.1% increase over 2015 and a record high.
By Jill Mislinski – The latest issue of the NFIB Small Business Economic Trends came out yesterday morning. The headline number for August came in at 105.3, up 0.1 from the previous month. The index is at the 97th percentile in this series.
By Jill Mislinski – The New York Stock Exchange publishes end-of-month data for margin debt on the NYX data website, where we can also find historical data back to 1959. Let's examine the numbers and study the relationship between...
By Jill Mislinski – With today's release of the June S&P/Case-Shiller Home Price Index, we learned that seasonally adjusted home prices for the benchmark 20-city index were up 0.1% month over month. The seasonally adjusted
By Jill Mislinski – Market Cap to GDP is a long-term valuation indicator that has become popular in recent years, thanks to Warren Buffett. Back in 2001 he remarked in a Fortune Magazine interview that "it is probably the best single measure of where...
By Jill Mislinski – Today the National Association of Realtors released the June data for their Pending Home Sales Index. Here is an excerpt from the latest press release...
By Jill Mislinski – Today's release of the publicly available data from ECRI puts its Weekly Leading Index (WLI) at 144.8, up from the previous week. Year-over-year the four-week moving average of the indicator is now at 4.99%, down...
By Jill Mislinski – To put today's report into the larger historical context since its beginning in 1978, consumer sentiment is 8.7 percent above the average reading (arithmetic mean) and 10.0 percent above the geometric mean. The current...
By Jill Mislinski – Market Cap to GDP is a long-term valuation indicator that has become popular in recent years, thanks to Warren Buffett. Back in 2001, he remarked in a Fortune Magazine interview that "it is probably the best single measure...
By Jill Mislinski – The New York Stock Exchange publishes end-of-month data for margin debt on the NYX data website, where we can also find historical data back to 1959. Let's examine the numbers and study the relationship between margin...
By Jill Mislinski – This morning's employment report for May showed a 138K increase in total nonfarm payrolls, disappointing forecasts. The unemployment rate ticked downward from 4.4% to 4.3%.The Investing.com consensus was for 185K new...
By Jill Mislinski – With today's release of the March S&P/Case-Shiller Home Price Index, we learned that seasonally adjusted home prices for the benchmark 20-city index were up 0.9% month over month. The seasonally adjusted year-over-year...
Official recession calls are the responsibility of the NBER Business Cycle Dating Committee, which is understandably vague about the specific indicators on which they base their decisions. This committee statement is about as close as they...
The latest issue of the NFIB Small Business Economic Trends came out this morning. The headline number for April came in at 104.5, down 0.2 from the previous month's 104.7. The index is at the 97th percentile in this series.
This morning's employment report for April showed a 211K increase in total nonfarm payrolls, surprising forecasts. Over the past 3 months, job gains have averaged 174,000. The unemployment rate ticked downward from 4.5% to...
We've updated our monthly workforce analysis to include last week's Employment Report for March. The unemployment rate ticked down from 4.7% to 4.5%, and the number of new nonfarm jobs (a relatively volatile number subject to extensive revisions) disappointed forecasts at 98K.
Today's release of the publicly available data from ECRI (Economic Cycle Research Institute) puts its Weekly Leading Index (WLI) at 144.1, down 0.4 from the previous week. Year-over-year the four-week moving average of the indicator...
The National Association of Home Builders (NAHB) Housing Market Index (HMI) is a gauge of builder opinion on the relative level of current and future single-family home sales. It is a diffusion index, which means that a reading above...