– by New Deal democrat To briefly reiterate, although the government shutdown ended over two months ago, much of the official monthly data – including on sales and spending – is stale, dating to November and even earlier. So the most current measures of these are the ISM manufacturing and non-manufacturing reports, due next week, and […]
– by New Deal democrat Let’s take our normal weekly look at jobless claims. As a general reminder, these are a good high frequency short leading indicator for the economy as a whole, and also somewhat noisily for the monthly unemployment rate. In the past several months, I have highlighted what appears to be a “regime […]
It is no surprise to see it still decreasing. It would still be decreasing with a different president too. Much of my experience has been spent in helping companies with the use of flow through analysis of manufacturing and materials. When I read this short piece, it was no surprise that it has not improved. […]
– by New Deal democrat Although the last federal government shutdown has been over for 2.5 months — and a new one might begin this weekend — with the exception of a few headline indicators like inflation, industrial production, and employment, most of the data is still lagging by at least one month, i.e., it has […]
I am stealing from Infidel753’s site to which the link is below in the title. There is truth to what is being said. In fact (and unless you are up on what is really happening) many of us may have happened as the nation was still in recovery from a recession of sorts. Then there […]
I follow Robert Reich daily missives on his site. I did subscribe to it. Robert has a habit of commenting on issues or things I would like to know more about. I do agree with much of what he says so it may be one reason why I read him. The topic of today’s commentary […]
– by New Deal democrat For the past year, my view has been that the housing market is in recessionary territory, although that has not translated to the economy as a whole. As per usual, home sales lead house prices; and that trend continued with the Case Shiller and FHFA repeat sales house price indexes through […]
– by New Deal democrat With another likely government shutdown looming at the end of this week due to DHS funding, we are still playing catch-up from the last one that ended in November. This morning’s edition of stale data was durable goods manufacturing for November. One of the stories of the latter part of last […]
– by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha. The trends from last year are continuing so far this year. On the plus side, initial jobless claims are very low while stock prices continue near all time highs, and consumer spending is on a tear. On the minus side, the US$ started […]
ICE murdered an ICU nurse in cold blood yesterday. I would love to see ICE completely defunded and disbanded. Do we need immigration and customs enforcement? Sure. But this program isn’t doing that. It’s simply being used by the Trump Administration as a provocation to justify martial law. At the end of January 2026, the […]