by sslifer | Jun 3, 2025 | Employment, NumberNomics Notes
June 3, 2025 The Labor Department reported that job openings rose 191 thousand in April to 7.391 thousand after having declined 280 thousand in March.. The pace of economic activity has remained relatively solid while the labor market has softened very gradually. ...
by sslifer | Jun 1, 2025 | Housing, NumberNomics Notes
June 1, 2025 Construction spending (the green bars above) fell 0.4% in April after declining 0.8% in March. This indicator has fallen slowly in the past several months.. In the past 12 months it has declined 0.5%. Private construction spending (excluding the...
by sslifer | Jun 1, 2025 | NumberNomics Notes, Purchasing Managers Index
June 1, 2025 The Institute for Supply Management’s index of conditions in the manufacturing sector declined 0.2 point in May to 48.5 after having fallen 0.3 point in April. This index was above the break-even level of 50.0 in February but it fell below that threshold...
by sslifer | May 30, 2025 | Commentary for the Week, NumberNomics Notes
May 30, 2025 GDP forecasts for the second quarter got a significant boost this week as imports plunged in April. That drop made it clear that the import surge in the first three months of the year represented front-running by businesses as they tried to get goods into...
by sslifer | May 30, 2025 | Forecasts, NumberNomics Notes
May 30, 2025 The world has turned topsy-turvy as tariffs are imposed, then postponed and, perhaps, reimposed. Nobody knows what to expect. We are all reacting to the latest events and making guesses about what happens next. We suspect that much of the current...
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