“Will baby boomers unretire?” (beckershospitalreview.com), Molly Gamble, Becker’s Hospital Review Me: I am seeing this phenomenon happening quite a bit myself with multiple inquiries on job status. Millions of older Americans have returned to work in recent months, with nearly 64 percent of adults between ages 55 and 64 working in April. Essentially this is […]
As is typical, Charles Gaba at ACA Signups.net has the answers to the question. Charles does a lot more of this type of analysis such as the Healthcare’s Three – Legged Stool, ACA Enrollment, Risk Pools, etc. All three of these are at Angry Bear. I am not sure why Michigan state and federal legislators […]
May 19, 2022 – by Heather Cox Richardson (substack.com), “Letters from An American“ Today, the House Select Committee to Investigate the January 6th Attack on the U.S. Capitol sent a letter to Representative Barry Loudermilk (R-GA), asking for his voluntary cooperation in their investigation. The committee members believe he has “information regarding a tour you […]
Economic Policy Institute offers an explanation that our current inflation is different from previous recessions in the US in addition to what NDd and Barkley Rosser offer : Since the trough of the COVID-19 recession in the second quarter of 2020, overall prices in the NFC sector have risen at an annualized rate of 6.1%—a […]
Industrial production continues to show excellent growth I call industrial production the King of Coincident Indicators, because it speaks volumes about where the economy is at any particular moment, and empirically is the indicator whose peaks and troughs coincide most definitively with NBER recession dates. In April the story told by industrial production continued to […]
Real retail sales signal further expansion, but also continue to suggest slower payrolls growth ahead Nominal retail sales for the month of April were up 0.9%, and previous months were revised higher. That means that, after inflation, real retail sales for April were up 0.6%, a very positive number. Yesterday I wrote that, rather than […]
RJS: Focus on Fracking Summary: Strategic Petroleum Reserve at a 21 year low, distillates supplies at a 17 year low; 300,000 bpd global oil surplus in April, despite loss of 1.2 million bpd from Russia & Kazakhstan; natural gas rigs at a 32 month high.. OPEC’s Report on Global Oil for April Thursday of […]
RJS, MarketWatch 666 Summary: Producer Prices Rose 0.5% in April; Record Annual Increase of 16.3% for Final Demand for Goods The seasonally adjusted Producer Price Index (PPI) for final demand rose 0.5% in April, as average prices for finished wholesale goods rose by 1.3% while final demand for services was unchanged . . . that increase followed […]
Harvest season has sprung upon us in a hurry. We had to spend a few evenings in the fields collecting squash, zucchini, cucumbers, and even dug up all of the potatoes, among the multitude of other things we planted this spring and continue to plant. It’s been a busy few weeks that have been hard […]
RJS, Focus on Fracking Summary: Strategic Petroleum Reserve at a 21-year low, distillates supply at a 17-year low The Latest US Oil Supply and Disposition Data from the EIA US oil data from the US Energy Information Administration for the week ending May 6th indicated that after another drop in our oil exports, another oil withdrawal […]