by sslifer | Oct 18, 2024 | Commentary for the Week, NumberNomics Notes
2025 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 regarding...
by sslifer | Oct 18, 2024 | Commentary for the Week, NumberNomics Notes
October 18, 2024 Fiscal year 2024 ended with a yawning budget gap of $1.9 trillion. Another $1.9 trillion was added to the already record amount of debt outstanding with much more to come. The baseline deficit projections from the Congressional Budget Office do not...
by sslifer | Oct 18, 2024 | Housing, NumberNomics Notes
October 18, 2024 Housing starts declined 0.5% in September to 1,354 thousand after having jumped 7.8% in August after plunging 5.0% in July. The combo of Hurricanes Helene and Milton may have reduced the September construction data somewhat as starts in the South...
by sslifer | Oct 17, 2024 | Housing, NumberNomics Notes
October 17 2024 This series rose 2 points in October to 43 after climbing 2 points in September to 41 after declining 2 points in August.. These back-to-back increases follow four straight declines in this series. Keep in mind that the breakeven point for this series...
by sslifer | Oct 17, 2024 | Industrial Production, NumberNomics Notes
October 17, 2024 Industrial production declined 0.3% in September after rising 0.3% in August after having fallen 0.6% in July. The Fed reported that Hurricanes Helene and Beryl subtracted about 0.3% from the index and the Boeing strike subtracted another 0.3%. ...
by sslifer | Oct 17, 2024 | Employment, NumberNomics Notes
October 17, 2024 Initial unemployment claims declined 19 thousand in the week ending October 12 to 241 thousand after jumping 35 thousand in the previous week. This series has risen slightly in the past three months. The big increase last week may well reflect an...
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