by sslifer | Feb 13, 2020 | Inflation, NumberNomics Notes
February 13, 2000 .The CPI rose 0.1% in January after having risen 0.2% in October, November, and December. During 2019 the CPI rose 2.3%. Food prices rose 0.2% in both December and January. Food prices have risen 1.7% in the past twelve months. These prices tend...
by sslifer | Feb 12, 2020 | Housing, NumberNomics Notes
February 12, 2020 .Home ownership rose 0.3% in the fourth quarter of last year to 65.1% after having climbed 0.7% in the third quarter. It hit a low of 62.9% in the second quarter of 2016 but has risen considerably in the past 2-1/2 years. The upswing in home...
by sslifer | Feb 11, 2020 | Employment, NumberNomics Notes
February 11, 2020 .The Labor Department reported that job openings fell 5.4% in December to 6,423 thousand after having declined 7.8% in November. The biggest drop in job openings was in the transportation category so one wonders whether the G.M. strike and the...
by sslifer | Feb 11, 2020 | Miscellaneous, NumberNomics Notes
February 11, 2020 Small business optimism climbed 1.6 points in January to 104.3 after having declined 2.0 points in December. The August 2018 level of 108.8 broke the previous record high level of 108.0 set 35 years ago back in July 1983. The current level of...
by sslifer | Feb 7, 2020 | Commentary for the Week, NumberNomics Notes
February 7, 2019 What seems to differentiate our relatively optimistic view of the economy from that of other economists is that we believe the economic speed limit has accelerated The fourth quarter increase in productivity suggests we are on the right track ...
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