The Conference Board's Leading Economic Indicators (LEI) came in at 123.9. April's reading, while quite strong, is still below the prior expansion's peak of 126.0 in March 2006.
What... Read More
Government Spending needed for growth?
First, an Overview of What We Saw Recently
Also see Which President Wins? Looking at Some Politics Connected with Today’s American Labor Market
Before addressing the topic of... Read More
Does Anyone See Sadness in Recent Housing Figures?
Garnering much less attention than last week’s GDP report were the housing figures.
In particular, we received figures on homeownership, vacancies, housing stock,... Read More
American Consumer RIP
Economic indicators are noisy, meaning that there’s a lot of movement from month to month. There’s so much noisiness in economic indicators that it causes some market... Read More
Do American Workers Have Anything To Complain About?
Also see Personal incoming and spending by President
Aptly summed, the American labor market is fine. The baseline forecast suggests the remainder of... Read More
The recent Personal Income and Personal Spending figures provided two broad conclusions about the state of the American Consumer, American income making and spending behavior.
Also Initial Claims Say We’re in Something... Read More
Hottest Housing Market
On Tuesday, the Federal Housing Finance Authority (FHFA) will release its first estimate of home price appreciation in 2016. With New and Existing Home Sales also on... Read More
American Retail Sales
Today's retail sales figures disappointed, with a sharp downward revision for January and continued weakness in February. Retail sales in the U.S. are now floating at just... Read More
The Stock Market... It's a packed week for economic indicators. The week includes retail sales, industrial production, capacity utilization, housing starts, consumer and producer prices, Empire manufacturing, and consumer... Read More