by sslifer | Dec 3, 2021 | Commentary for the Week, NumberNomics Notes
December 3, 2021 The November employment report was both surprising and revealing. Payroll employment rose by 210 thousand which was far smaller than the 550 thousand gain that had been expected. Some economists suggest that outcome is a sign of emerging weakness in...
by sslifer | Dec 3, 2021 | Forecasts, NumberNomics Notes
December 3, 2021 GDP growth slipped to 2.1% in the third quarter as an increase in COVID cases dampened the pace of consumer spending, and as supply constraints limited the ability of firms to produce. But COVID cases have fallen 55% since reaching a peak in early...
by sslifer | Dec 3, 2021 | NumberNomics Notes, Purchasing Managers Index
December 3, 2021 The Institute for Supply Management not only publishes an index of manufacturing activity each month. They publish two days later a survey of service sector firms. The service sector business activity (production) index jumped rose 4.5 points in...
by sslifer | Dec 3, 2021 | Employment, NumberNomics Notes
December 3, 2021 Payroll employment rose by 210 thousand in November which was far less than the expected increase of 550 thousand. This compares to an increase of 546 thousand in October and 379 thousand in September. But this is only one piece of the story. ...
by sslifer | Dec 3, 2021 | Employment, NumberNomics Notes
December 3, 2021 .Private sector employment rose by 235 thousand in November which was far less than the expected increase of 550 thousand. This compares to an increase of 628 thousand in October and 424 thousand in September. But this is only one piece of the...
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