I have heard of this. Have not used it. But, I wonder what will happen to our own creativity. We humans are supposed to be a curious, thoughtful, and an intelligent specious. We do the unexpected in different environments and situations which makes us unique. No two of us are alike or react the same. […]
3 graphic signs of financial stress – by New Deal democrat The theme of my weekly “high frequency” economic indicators update over the weekend was the sudden deterioration in some measurements of financial stress. Tomorrow we’ll find out that house prices as measured by both the FHFA and Case Shiller have decline further, and that […]
Everything you didn’t know you need to know about the Postal Service’s new commercial, Save the Post Office, Steve Hutkins. Last week the USPS Link had an article — titled “Get a ‘Move’ on” — announcing the Postal Service’s new TV commercial. The commercial is called “Orchestrated Delivery,” and its theme is “We’re reinventing our network” — […]
There is now only one significant manufacturing datapoint that is not flat or down – but it’s the one the NBER relies upon – by New Deal democrat I am increasingly of the opinion that at the moment, the only two economic data series that are important are nonfarm payrolls and the personal consumption expenditure deflator. […]
If you think there is abuse in our welfare system, in this case TANF, you are correct. Only, it is not the people for whom the system is suppose to be helping. In fact, there are state who are sitting on the money not having spent/distributed it as they should have. As usual, John does […]
New home sales for February increase; likely bottomed last July – by New Deal democrat Most of what you probably read elsewhere focuses on new home prices, which after finally declining -0.7% YoY in January, rebounded to +2.5% YoY. As is usual, prices follow sales YoY with a considerable lag (note since prices are not seasonally […]
If you are not reading New Deal democrat as he marks the progress of the economy over the last year, you really should start. The detail on what certain economic markers determine are in his weekly analysis done on a daily basis for various markers. Updating 3 high frequency indictors: no recession yet, but no […]
February existing home sales confirm prices have declined, but bottom in sales and construction may be in – by New Deal democrat There were only two noteworthy takeaways from the February existing home sales report: (1) like mortgage applications, permits, and starts, existing home sales responded to lower mortgage rates (a decline from just over […]
Average and aggregate nonsupervisory wages for February 2023 – by New Deal democrat There’s no significant economic news today, so let’s update a couple of income indicators important to average American working households. Namely, because we now have the inflation report for February as well as payrolls, we can update average and aggregate nonsupervisory wages. […]
Putting on a different hat today. My background includes supply chain management. I am looking at what the industry experts are seeing and whether I agree with them. Much of what I have seen over the last two years is a repeat of 2008. And again, we are waking up late to the beginning of […]