Industrial Production

September 15 2023 Industrial production jrose 0.4% in August after having jumped 0.7% in July.   In the past year industrial production has risen 0.2%.  On balance, the manufacturing sector remains relatively flat. Breaking industrial production down into its three...

Producer Price Index

September 14, 2023 The Producer Price Index for final 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 final demand jumped 0.7%...

Retail Sales

September 14, 2023 Retail sales rose 0.6% in August after climbing 0.5% in July.  In the past year retail sales have risen by 2.5%. Motor vehicle sales rose 0.3% in August after declining 0.4% in July. In the past year car sales have climbed by 4.4% as inventory...

Corporate Leverage

September 12, 2023 Economists like to keep an eye on the amount of leverage amongst corporations.  When corporations take on huge amounts of debt in relation to their net worth, any economic downturn will be much more severe than it would otherwise be as corporations...

Corporate Cash

September 12, 2023 Corporate cash holdings in the first half of 2020 as the government quarantine basically caused the economy to stop dead in its tracks.  Firms needed to raise money wherever they could to keep them going until such time as the virus eased its grip...