by sslifer | Nov 15, 2019 | Commentary for the Week, NumberNomics Notes
2020 Economic Outlook Conference In times of uncertainty whether you are running a business or planning your investments, knowledge can be your most valuable asset. Stephen Slifer, Owner and Chief Economist at NumberNomics will provide insight...
by sslifer | Nov 15, 2019 | Commentary for the Week, NumberNomics Notes
November 15, 2019 With the manufacturing sector having weakened from the imposition of tariffs, the engine of growth for the economy in 2019 has been consumer spending which has climbed at a 2.9% pace in the first three quarters of the year. The question is whether...
by sslifer | Nov 15, 2019 | Forecasts, NumberNomics Notes
November 15, 2019 The preliminary estimate of third quarter GDP growth came in at 1.9% after having 2.0% risen 2.0% in the second quarter. For both 2019 and 2020 we anticipate 2.4% GDP growth after having risen 2.5% in 2018. . Consumer spending climbed by 2.9% in...
by sslifer | Nov 15, 2019 | Industrial Production, NumberNomics Notes
November 15, 2019 Industrial production plunged 0.8% in October after having fallen 0.3% in September after having jumped 0.7% in August. However, a large part of the declines in both September and October were attributable to the General Motors strike which...
by sslifer | Nov 15, 2019 | NumberNomics Notes, Retail Sales
November 15, 2019 Retail sales rose 0.3% in October after having fallen 0.3% in September. But that follows gains of 0.4% in April, 0.5% in May, 0.4% in June, 0.7% in July and 0.6% in August.. Any way you slice it, consumer spending remains solid. During the past...
by sslifer | Nov 14, 2019 | Inflation, NumberNomics Notes
November 14, 2019 The Producer Price Index for final demand – intermediate demand includes producer prices for goods, as well as prices for construction, services, government purchases, and exports and covers over 75% of domestic production. Producer prices for...
Follow Me