Corporate Profits

November 24, 2021 Corporate profits from current production (corporate profits before tax with inventory valuation and capital consumption adjustments) rose by $121.4 billion in the third quarter which works out to an annualized rate of increase of 4.3% after having...

Small Business Optimism

November 9, 2021 Small business optimism fell 0.9 point in October to 98.2 after declining 1.0 point in September. NFIB Chief Economist William Dunkelberg said, “Small business owners are attempting to take advantage of current economic growth but remain pessimistic...

Trade Deficit

October 5, 2021 The trade deficit widened by $2.9 billion in August to $73.3 billion after narrowing by by $2.9 billion in July.  Exports climbed by $1.0 billion or 0.5%.  It has been in a steady uptrend since the recession ended in April of last year. But imports...

Business Inventories / Sales Ratio

April 14, 2021 Firms are always trying to keep their inventories in line with sales.  When the economy falls into recession, typically businesses do not cut back production as quickly as sales decline, so the inventory/sales ratio rises sharply  — which is...

Trade-Weighted Dollar

April 13, 2021 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 fallen 7.8% from where it was at this time last year and it is expected to continue to decline...

S&P 500 Stock Prices

April 13, 2021 The corona virus wreaked havoc on stock prices in February and March.  After hitting a high of 3,380 in mid-February the market plunged by,1000 points or 32% in five weeks to a low of 2,304 in mid-March. But then the government passed a $3.0 trillion of...