Small Business Optimism

January 10, 2023 . Small business optimism fell 2.1 points in December to 89.8 after having risen 0.6 point in November. It has been bouncing around at about this same level since June.  However, these levels are roughly in line with the low point in the March/April...

Trade Deficit

January 5, 2023 The trade deficit narrowed by $16.2 billion in November to $61.5 billion after widening by $3.7 billion in October. While volatile on a monthly basis, the deficit has narrowed dramatically since April of last year because exports have been essentially...

Corporate Profits

November 30, 2022 Corporate profits from current production (corporate profits before tax with inventory valuation and capital consumption adjustments) fell by $31.6 billion in the third quarter from a record high level of $3,001.3 billion which works out to an...

Trade-Weighted Dollar

June 9, 2022 The trade-weighted value of the dollar, which represents the value of the dollar against the currencies of a broad group of U.S. trading partners has risen 7.7% from where it was at this time last year and it is expected to continue to rise in value...

Corporate Leverage

June 9, 2022   Economists like to keep an eye on the amount of leverage amongst corporations.  When corporations take on huge amounts of debt in relation to their net worth, any economic downturn will be much more severe than it would otherwise be as corporations...

Corporate Cash

June 9, 2022 Corporate cash holdings in the first half of 2020 as the government quarantine basically caused the economy to stop dead in its tracks.  Firms needed to raise money wherever they could to keep them going until such time as virus eased its grip and the...