…data): Their total decline from their January peak is a little over 25%, and -31% from their even higher peak in October 2020, in line with what we saw in…

…-6.5% below their pre-pandemic peak. Within the leisure and hospitality sector, food and drink establishments added 6,000 jobs, but are still -4.6% below their pre-pandemic peak.  Professional and business employment…

…the two series peak and trough simultaneously, but not that often (1977, 1985, 1998, 2005) new home sales hit their peak a few months before permits. Why is that of…

…on an annualized basis, down almost 1/3rd from their recent February peak of 6.02 million: This is in line with the 35% declines we saw yesterday in single family housing…

…begin to roll over. One of them, the average manufacturing workweek, clearly has. Arguably so has temporary employment. Residential construction employment may have peaked. But total construction and manufacturing employment…

…negative: the average manufacturing workweek, one of the 10 components of the Index of Leading Indicators, declined was unchanged at 40.7, down -0.9 hours from February peak last year of…

…revisions and additions, industrial production is still -0.5% below its September peak (a big improvement from last month’s original -1.8%), while manufacturing production (red) is -1.2% below its peak from…

…below their pre-pandemic peak. Within the leisure and hospitality sector, food and drink establishments added 26,800 jobs, and are now only -87,100, or -0.7% below their pre-pandemic peak.  Professional and…

…manufacturing workweek, one of the 10 components of the Index of Leading Indicators, was unchanged at 40.7, down -0.9 hours from February peak last year of 41.6 hours. Manufacturing jobs…

…permits, but I wanted to point out a few more details. First of all, note that the current peak in construction is far higher relative to the equivalent peak in…