by sslifer | Feb 12, 2025 | Inflation, NumberNomics Notes
February 12, 2025 The CPI rose 0.5% in January after rising 0.4% in December, and 0.3% in November. The year-over-year increase is 3.0%. We now expect the overall CPI to increase 3.4% in 2025. The January increase was larger-than-expected. Part of the sizeable...
by sslifer | Feb 11, 2025 | Miscellaneous, NumberNomics Notes
February 11, 2025 . Small business optimism declined 2.3 points in January to 102.8 after rising 3.4 points in December and having jumped 8.0 points in November. The level is finally above the 40-year average so-called breakeven point for this series which is 98.0....
by sslifer | Feb 7, 2025 | Commentary for the Week, NumberNomics Notes
February 7, 2025 This past week we learned about wild swings in employment the past three months combined with a steady decline in the workweek which does not seem to make a lot of sense. The Bureau of Labor Statistics said that the wildfires in California and the...
by sslifer | Feb 7, 2025 | Employment, NumberNomics Notes
February 7, 2025 Payroll employment climbed by 143 thousand in January after having risen by 307 thousand in December and 261 thousand in November. The December gain was revised upwards by 51 thousand while November was revised upwards by 49 thousand. In the past...
by sslifer | Feb 7, 2025 | Employment, NumberNomics Notes
February 7, 2025 Private sector employment climbed by 111 thousand in January after having risen by 273 thousand in December and 244 thousand in November. In the past three months the average increase has been 209 thousand. The Bureau of Labor Statistics said,...
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