– by New Deal democrat The final datapoint for today is industrial production, including its important manufacturing component. Last month I wrote that “I suspect the big increases in February and March in manufacturing, like this morning’s retail sales numbers, were about front-running T—-p’s tariffs. Which means that like retail sales, production might have been […]
Back in the 1960s, it was believed that autism was caused by “refrigerator moms,” moms who were cold and aloof and thus drove their otherwise normal children into a lifetime of autism. Nobody believes the refrigerator mom environment anymore. Research has shown that autism has a heritability of 60-80%. So while there may be environmental […]
Attorney Joyce Vance discusses what is interesting about this piece other than being correct. The Department of Justice is attempting to indict a judge. Judge Dugan “is entitled to judicial immunity for her official acts. The case cited which protects a judge is Trump v. United States, the case where the Supreme Court gave Trump immunity […]
This is the latest article discussing US automotive manufacturing I could find right now. If I could find my old charts I would use to plan components, I could offer more up-to-date information. However, the US automotive industry builds millions of cars each year and accounted for 2.8% of all nonfarm jobs in the US […]
– by New Deal democrat Next up in today’s slew of data is retail sales. This is one of the most important indicators I look at, because it tells us so much about consumers, and since consumption leads employment, it gives us information about the trend in that as well. In April, nominally retail sales […]
– by Joyce Vance @ Civil Discourse The stakes are high, even though the Supreme Court won’t be deciding, at least not yet, whether Trump’s order to end birthright citizenship is constitutional. Tomorrow (written on May 14), the Supreme Court will hear oral argument in the Birthright Citizenship Case, Trump v. Casa, Inc. We’re here because Donald […]
Jobless claims: more of the same – by New Deal democrat After a long data drought, there are many releases today. I’ll start with jobless claims. Initial claims were unchanged at 229,000, while the four week moving average rose 2,250 to 230,500. With the typical one week delay, continuing claims rose 9,000 to 1.881 million: […]
Port Optimizer – Control Tower Wabtec Corporation Shipping on the way to Los Angeles – Long Beach Docks. Container ships As you can see, there is a scheduled decrease. This could change dramatically in the next report. Port Optimizer – Control Tower Wabtec
The Supreme Court will hear oral argument in the Birthright Citizenship Case, Trump v. Casa, Inc. May 15, 2025. Some history and argument . . . The arguments are not new. The willingness of an Administration to act on them are Jonathan H. Adler During the first Trump Administration, some of the President’s supporters urged him to […]
– by New Deal democrat Now that we have April’s consumer inflation data, let’s update real wages for average American families. In April average hourly wages for nonsupervisory employees increased 0.3%, and aggregate payrolls for nonsupervisory employees increased 0.4%. Since CPI increased 0.2%, in real terms wages (light blue) increased 0.1% and aggregate payrolls (dark blue) […]