by sslifer | Apr 30, 2025 | GDP, NumberNomics Notes
April 30, 2025 It is important to remember that final sales is a measure of how many domestically produced goods are sold each quarter. But we also sell goods overseas — our exports. And we purchase goods from other countries — our imports. In the...
by sslifer | Apr 30, 2025 | GDP, Inflation, NumberNomics Notes
April 30, 2025 There are many different deflators that are available. This one is for gross domestic purchases which measures prices paid by U.S. residents. It is the one measure of inflation that the Commerce Department talks about when it releases the GDP...
by sslifer | Apr 30, 2025 | Consumer
April 30, 2025 Personal consumption expenditures rose 0.7% in March after having climbed 0.5% in February and having being unchanged in January. In the past year nominal spending has risen 5.6% What we are really interested in is “real” or...
by sslifer | Apr 30, 2025 | Inflation, NumberNomics Notes
April 30, 2025 There are many different measures of inflation, but the one that the Federal Reserve considers to be most important is the personal consumption expenditures deflator, in particular the PCE deflator excluding the volatile food and energy components. The...
by sslifer | Apr 30, 2025 | Inflation, NumberNomics Notes
April 30, 2025 The employment cost index for civilian workers climbed at a 3.6% annual rate in the first quarter after climbing at a 3.6% annual rate in the fourth quarter. Over the course of the past year it has risen 3.5%. The employment cost index peaked at 5.1%...
by sslifer | Apr 30, 2025 | Employment, NumberNomics Notes
April 30, 2025 As shown above the ADP survey shows a respectable correlation with the private sector portion of the payroll employment data to be released a couple of days later. And well it should. ADP, or Automatic Data Processing, Inc. is a provider of...
Follow Me