by sslifer | Feb 14, 2020 | Consumer, NumberNomics Notes
February 14, 2020 The final estimate of consumer sentiment for February rose 1.1 points to 100.9, just missing the peak level for the cycle which was 101.4 in March of 2018. Surveys of Consumers Chief Economist Richard Curtin said, “Net gains in household income...
by sslifer | Feb 14, 2020 | Industrial Production, NumberNomics Notes
February 14, 2020 Industrial production fell 0.3% in January after having declined 0.4% December. During the past year industrial production has fallen 0.8%, but one year ago it was climbing at a 3.6% pace. Breaking industrial production down into its three major...
by sslifer | Feb 14, 2020 | NumberNomics Notes, Retail Sales
February 14, 2020 Retail sales rose 0.3% in December after having climbed 0.2%in November, and December. During the past year retail sales have risen 4,4%. Sometimes sales can be distorted by changes in autos and gasoline both of which can be quite volatile. In this...
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...
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