– by R.J. Sigmund Most of the demographic indicators of this summer’s Covid wave continued to recede rapidly in this week’s reports, and wastewater levels of the virus, the most definitive indicator of infections, have fallen to “low.” Among the CDC’s “early indicators” “test positivity”, or the percentage of tests for Covid that were positive, […]
– by New Deal democrat A periodic reminder, real retail sales is one of my favorite economic indicators, because it tells us so much about the state of the consumer, and since consumption leads employment, it is a short leading indicator for that as well. In September retail sales in August rose 0.4% on a […]
Current Release October 17, 2024 Market Groups The major market groups posted mixed results in September. Among consumer goods, the production of durables decreased 0.7 percent. In contrast, the index for nondurables increased 0.5 percent, boosted by a 1.7 percent increase in energy goods. The output of business equipment declined 3.5 percent in September, weighed […]
– by New Deal democrat Before I get to the (relatively) good news in retail sales, let’s take a look at the bad news from industrial production. On a monthly basis, production declined -0.3%. Manufacturing declined -0.4%. There were also downward revisions to last month. Both of these continue to slowly fade from their 2022 […]
by Steve Roth Originally posted at Wealth Economics Please excuse two paragraphs of a personal insight up front here. I think it’s pertinent. What follows are some serious research results, just out, that I think are hugely revealing about the ways of the (economic) world. I had a visit from an old and good friend […]
I will try to say more about this, but for now: You might have missed it, but in August, Gorsuch published a book titled Over Ruled, which argues that there are too many laws on the books and that government officials at both the federal and state levels are enforcing them in increasingly unpredictable and unjust ways. The […]
I am very tired as of late. Having been working with our old server partner and getting prepared to go to a new server partner. The new partner appears to be more astute. Also working with our advertising partners to get better ads. Got a meeting with the VA next week to discuss my two […]
by Mark Joseph Stern Not going to say too much as I said my piece here; “Looks Like SCOTUS May Hold for the US on “Ghost” Guns, Angry Bear by Amy Howe at SCOTUS Blog. To sum it up, there is no defense for bullet spewing weapons not having serial numbers. Slate Jurisprudence Lawyers with […]
A conversation on providing for disability. The right to work as an equal also extends to the disabled. Contingencies are made for the disabled and is a key factor in having the ability to provide for themselves. Doors that open with the touch of a button. Wheelchair accommodations to go up a step or a […]
– by New Deal democrat The drought in new economic data continues through today. We’ll make up for it all at once tomorrow with jobless claims, retail sales, and industrial production. In the meantime, last week I noted that Hurricane Helene’s impact in Florida and North Carolina was a big part of the reason for […]