…by Omicron also appear to have peaked: the UK and Portugal, in addition to South Africa, where the strain was identified first:” If the Omicron wave peaks in 30 to…

…-20.5% – since its peak in November 2020, while “real” residential construction spending has declined -15.7% since its post-recession peak in January of this year: While total construction spending declined…

…-19.9% – since its peak in November 2020,  while “real” residential construction spending has declined -15.6% since its post-recession peak in January of this year: While total construction spending has declined…

…sales increased to 0.471 million, only down -8% from their peak. Car and light truck sales decreased again to 14.1 million annualized, down -23% from peak. Both light and heavy…

…are up 26%, below their 33% peak from last November. This is just below their YoY peaks in 1974, 1979, 2005, and 2008 – not coincidentally 3 out of 4…

…varying by setting of care. Revisions added 52,000 jobs to the health employment total which remains at 378,000 jobs. 2.3% below the level of February 2020, the pre-pandemic peak.  By…

…the first week in March. In every country but Germany, they have already peaked. And Germany is misleading because they had a data dump 6 days ago. Without it, cases…

…August. In absolute terms, “real” construction spending has declined sharply – by -17.8% – since its peak in November 2020,  while “real” residential construction spending has declined -12.6% since its post-recession…

…one week ago to under 20%, and in NJ from 35% to 12%. It is even possible cases peaked in NJ several days ago: Further, cases have peaked already in…

…far, so good.  The problem is that recessions have typically happened on average 7 quarters after the last peak in this measure. And even with the improvement in Q1, this…