ADP Employment

April 1, 2026 As shown above the ADP survey shows a respectable correlation with the private sector portion of the payroll employment data to be released a couple of days later.  And well it should.  ADP, or Automatic Data Processing, Inc. is a provider of...

Retail Sales

April 1, 2026 Retail sales rose 0.6% in February after having declined 0.1% in January.   In the past year retail sales have risen 3.7%.  The January drop was caused largely by the bitter cold, snowy, and icy condidtions that prevailed in most parts of the country...

Consumer Confidence

March 31, 2026 . The Conference Board reported that consumer confidence rose 0.8 point in March to 91.8 after having risen 2.9 points in February.    Consumer confidence reached a peak in November of 2024 at 112.8 but fell steadily last year and remains close to...

Case Shiller Index of Home Prices

March 31, 2026 The seasonally adjusted Case Shiller Index of Home Prices in 20 cities rose 0.2% in January.  Prices have risen 1.2% in the past year. The National Index which is a slightly broader measure of home price rose 0.2% in January.  The year-over-year...

Job Openings

March 31, 2026 The  Labor Department reported that job openings fell 358 thousand in February to 6,882 thousand after jumping 690 thousand in January  The number of job openings has been fairly steady  in recent months..  The pace of economic activity has remained...

Uncertainty Remains

March 27, 2026 A month into the fighting it is hard to see how the war can end soon despite Trump’s assurances that it is almost over. Iran’s missile arsenal has undoubtedly shrunk but it is not depleted.  Iran still imposes enough of a threat to keep the Strait of...

Producer Price Index

March 18, 2026 . The Producer Price Index for final demand  includes producer prices for goods, as well as prices for construction, services, government purchases, and exports and covers over 75% of domestic production. Producer prices for final demand rose 0.7% in...

Pending Home Sales

March 17, 2026 Pending home sales rose 1.8% in February to 72.1 after having fallen 1.0% in January. The National Association of Realtors chief economist, Lawrence Yun said, "Improved affordability seems to have led to aa climb in pending contracts, but warned that...

Homebuilder Confidence

March 16, 2026 Homebuilder confidenced rose 1 point in March to 38 afterr haaving been unchanged in February.  Builders are still worried about the imposition of tariffs, high mortgage rate, and affordability.  The breakeven point for this series is 50 so at 38 it...

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