…still -2.9% below their April 2022 peak, and also about -1% below their nearer term August 2023 peak. Real spending on goods has been more positive. More importantly for the…
…leading or lagging indicators to find at least a few that tend to peak somewhere near the middle of an expansion. That synapse was jangled when I read the title…
…Indicators, declined -0.1 hours to 40.7 hours, and is still down -0.8 hours from its February 2022 peak of 41.5 hours. Manufacturing jobs rose 8,000. Within that sector, motor vehicle…
…the chase, housing units under construction declined -1.4% in April, after a -1.1% decline in March. It is now -5.6% below its October 2022 peak (single family and multi-unit numbers…
…2022 peak of 41.5 hours. Manufacturing jobs rose 8,000. Within that sector, motor vehicle manufacturing jobs rose 3,500. Truck driving declined -5,400. Construction jobs increased 21,000. Residential construction jobs, which…
…housing units under construction have always led new homes for sale, by varying time frames but most usually the peak in the former has led the peak in the latter…
…its February 2022 peak of 41.5 hours. Manufacturing jobs declined -8,000. Within that sector, motor vehicle manufacturing jobs declined -100. Truck driving declilned -100. Construction jobs increased 27,000. Residential construction…
…Index of Leading Indicators, declined -0.2 hours to 39.9 hours, and is down -0.6 hours from its February 2022 peak of 41.5 hours. Manufacturing jobs rose 1,000. Within that sector,…
…manufacturing workweek, one of the 10 components of the Index of Leading Indicators, increased 0.1 hours to 40.7 hours, but is down -0.8 hours from its February 2022 peak of…
…was unchanged at 40.7 hours. This remains down -0.8 hours from its February 2022 peak of 41.5 hours, but on the other hand is only 0.1 hour below its 18…