Consumer Sentiment

December 6, 2019 The preliminary estimate  of consumer sentiment for December came in at 99.2 versus a November reading of 96.8.  While volatile on a month-to-month basis consumer sentiment remains at a lofty level.  The peak for the cycle was 101.4 in March of last...

Private Employment

December 6, 2019 Payroll employment surged by 254 thousand in November.  At the same time employment for October was revised upwards by 32 thousand to 163 thousand, and the September increase was revised upwards by 16 thousand to 183 thousand.  The December increase...

Payroll Employment

December 6, 2019 Payroll employment surged by 266 thousand in November.  At the same time employment for October was revised upwards by 28 thousand to 156 thousand, and the September increase was revised upwards by 13 thousand to 193 thousand.  The November increase...

Unemployment Rate

December 6, 2019 The unemployment rate fell 0.1% in November to 3.5% after having risen 0.1% in October.   At 3.5% the unemployment remains close to its lowest level since December 1969  — almost 50 years ago.  The labor force rose 40 thousand in November.  The...

Nonfarm Workweek

December 6, 2019 In any given month employers can boost output by either additional hiring or by lengthening the number of  hours that their employees work.  Payroll employment for November rose 266 thousand but that includes 42 thousand G.M. workers that were on...