by sslifer | Oct 10, 2024 | Inflation, NumberNomics Notes
October 10, 2024 The CPI rose 0.2% in September which is the third consecutive month with a 0.2% increase. The year-over-year increase is currently 2.4%. We now expect the CPI to increase 2.6% in 2024. Food prices rose 0.4% in September after climbing 0.1% in...
by sslifer | Oct 9, 2024 | NumberNomics Notes, Retail Sales
October 9, 2024 Unit car and truck sales rose 3.3% in September to 15.774 million after having declined 3,8% in August. Car sales seem to be plodding along at roughly the same pace as they have throughout the past year in a range from 15.0-15.5 million. We expect...
by sslifer | Oct 8, 2024 | Miscellaneous, NumberNomics Notes
October 8, 2024 . Small business optimism rose 0.3 point in September to 91.5 after declining 2.5 points in August. The level is well below the 40-year average so-called breakeven point for this series which is 98.0. NFIB Chief Economist William Dunkelberg said,...
by sslifer | Oct 4, 2024 | Commentary for the Week, NumberNomics Notes
October 4, 2024 Every time economists conclude that the long-awaited slowdown is at hand they get slammed. This time it was by the strong employment report for September. Payroll employment for that month rose 254 thousand which was far bigger than even the most...
by sslifer | Oct 4, 2024 | Employment, NumberNomics Notes
October 4, 2024 Payroll employment jumped by 254 thousand in September after having risen 159 in August.. In the past three months the average increase has been 186 thousand. The market had expected an increase in payroll employment for September of 150 thousand. ...
by sslifer | Oct 4, 2024 | Employment, NumberNomics Notes
October 4, 2024 Private sector employment jumped by 223 thousand in September after having risen 114 in August.. In the past three months the average increase has been 145 thousand. The market had expected an increase in private sector employment for September of...
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