2021 Economic Outlook Conference Photos

Here are some photos from this morning’s conference taken by Mary Wessner of Mary Wessner Photography (and also my wife).  While not the same as the in-person gatherings at the Daniel Island Club, the Zoom presentation allowed lots of  people outside the...

Initial Unemployment Claims

December 3, 2020 Initial unemployment claims for the week of November 28 fell  75 thousand to 712 thousand after having risen 39 thousand in the previous week.  After reaching a peak of 6,867 thousand at the end of March, initial claims have been steadily declining. ...

Gasoline Prices

December 3, 2020 Gasoline prices at the retail level rose $0.02 in the week ending November 30 to 2.12 per gallon.  In South Carolina gasoline prices tend to about $0.25 below the national average or about $1.87.  The EIA expect gasoline prices to average $2.15 per...

ADP Employment

December 2, 2020 As shown above the ADP survey shows an impressive 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...