by sslifer | Sep 18, 2020 | Commentary for the Week, NumberNomics Notes
September 18, 2020 The dollar has been declining for the past several months. Some economists suggest that the decline reflects concern about the yawning budget deficit which will widen to $3,3 trillion this year and the associated increase in Treasury debt...
by sslifer | Sep 16, 2020 | Housing, NumberNomics Notes
September 16, 2020 Homebuilder confidence climbed 5 points in September to a record high level of 83 after having risen 6 points in August, 14 points in July, 21 points in June and 7 points in May, after having plunged by 42 points in April which was the biggest...
by sslifer | Sep 16, 2020 | NumberNomics Notes, Retail Sales
September 16, 2020 Retail sales climbed by 0.7% in August after having risen 0.9% in July, 8.6% in June, and having surged by 18.3% in May, but after having plunged 14.7% in April and 8.2% in March. What is truly amazing is that the level of sales has not only...
by sslifer | Sep 15, 2020 | Industrial Production, NumberNomics Notes
September 15, 2020 Industrial production rose 0.4% in August which was less than expected, but there were significant upward revisions in the previous two months, July revised upwards from an increase of 3.0% itp 3/5%. June revised higher from 5.7% to 6.1%. As...
by sslifer | Sep 11, 2020 | Commentary for the Week, NumberNomics Notes
September 11, 2020 The Congressional Budget Office recently released its updated 10-year budget forecast. The budget deficit for the current fiscal year will be $3.3 trillion. It remains in excess of $1.0 trillion every year between now and 2030. Each year that the...
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