Economic Roundup 3-4-14 General US News: Time for the monthly housing recap, where we put together all the housing data that came out in January: + The US Census Bureau Report on Put-in-Place Construction shows that construction spending during December 2013 was estimated at a seasonally adjusted annual rate of $930.5 billion, up 5.3% from…
Economic Roundup 2-25-14 General US News: >< Bureau of Labor Statistics data on the CPI are in for January: The All Items index percent change was a seasonally-adjusted increase of 0.1% from last month, and an unadjusted increase of 1.6% year-on-year. “Core” inflation (less food and energy) increased 0.1% from last month and 1.7% year-on-year. The Food…
Economic Roundup 2-18-14 General US News: >< According to the ADP National Employment Report, January saw the economy add 175,000 jobs on a seasonally-adjusted basis. This was down from December’s revised 227,000 (down from 238,000), and way down from November’s 289,000 (revised way up from 229,000). Small businesses (1-49 employees) led the way again this…
Economic Roundup 2-11-14 General US News: It’s monthly PMI time again, so we’ll be checking around to see how everyone is doing. Remember, the PMI data are based on opinion surveys of companies, and not necessarily on hard numbers. 50 is the break-even point between feeling that a sector is in contraction (less than 50)…
Economic Roundup 2-4-14 General US News: Time for the monthly housing recap, where we put together all the housing data that came out in January: + The US Census Bureau Report on Put-in-Place Construction shows that construction spending during December 2013 was estimated at a seasonally adjusted annual rate of $930.5 billion, up 5.3% from…
Economic Roundup 1-28-14 General US News: – Orders for long-lasting U.S. manufactured goods unexpectedly fell in December as did a gauge of planned business spending on capital goods, which could cast a shadow on an otherwise bright economic outlook. The Commerce Department said durable goods orders dropped 4.3%, pulled down by weak demand for transportation equipment,…
Economic Roundup 1-21-14 General News: This week it is back to the employment picture and catching up on indicator activity. + According to the ADP National Employment Report, December saw the economy add 238,000 jobs on a seasonally-adjusted basis. This was up from November’s revised 229,000 (up from 215,000), and up from October’s 206,000…
Economic Roundup 1-14-14 General News: It’s monthly PMI time again, so we’ll be checking around to see how everyone is doing. Remember, with PMI data, 50 is the break-even point between contraction (less than 50) and expansion (greater than 50) in that area. + The ISM Manufacturing report for the US is in and the December PMI…
Economic Roundup 1-7-14 General News: Time for the monthly housing recap, where we put together all the housing data that came out in December: + The US Census Bureau Report on Put-in-Place Construction shows that construction spending during November 2013 was estimated at a seasonally adjusted annual rate of $934.4 billion, up 5.9% from the…
Economic Roundup 12-31-13 General News: The New Year is upon us and the holiday season has slowed some of the economic indicator reports this week. Which is good for them – I hope they are instead spending some quality time with family. I hope everyone takes care and has a great New Year! And thanks for…
Shade Tree Economist 