Small Business Optimism

January 11, 2022 . Small business optimism rose 0.5 point in December to 98.9 after having risen 0.2 point in November.  It has remained at about this same level for the past six months. NFIB Chief Economist William Dunkelberg said, “Small businesses unfortunately saw...

Trade Deficit

January 5, 2022 The trade deficit widened by $13.0 billion in November to $80.2 billion after having narrowed by $14.3 billion in October. While volatile on a monthly basis the deficit has widened  dramatically since April of last year because imports rose more...

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...

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...