by sslifer | Mar 5, 2025 | Employment, NumberNomics Notes
March 5, 2025 As shown above the ADP survey shows a respectable 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...
by sslifer | Mar 4, 2025 | NumberNomics Notes, Retail Sales
March 4, 2025 Unit car and truck sales rose 3.2% in February to 15.999 thousand after having sunk 8.1% in January. The bitter cold weather throughout much of the country almost certainly played a roll in the slowdown in that month. Sales should continue to rise in...
by sslifer | Mar 3, 2025 | Housing, NumberNomics Notes
March 3, 2025 Construction spending (the green bars above) fell 0.2% in January after having risen 0.5% in December and 0.4% in November. After rising in each of the past three months, construction spending took a breather in January. But given the snowy, icy, and...
by sslifer | Mar 3, 2025 | NumberNomics Notes, Purchasing Managers Index
March 3, 2025 The Institute for Supply Management’s index of conditions in the manufacturing sector declined 0.6 point in February to 50.3 after having risen 1.7 points in January and 0.8 point in December. For the last two months this index has been above the...
by sslifer | Feb 28, 2025 | Commentary for the Week, NumberNomics Notes
February 28, 2025 Trump has been busy. In his first month in office he imposed tariffs on Canada, Mexico and China, and threatened tariffs on virtually everybody else. Every federal government employee is scrambling to keep their job . He has managed to sour...
by sslifer | Feb 21, 2025 | Commentary for the Week, NumberNomics Notes
February 21, 2024 The housing market has been in a slump for the past two years as opposing forces tug in opposite directions. First time homebuyers are struggling with the combination of higher home prices and higher mortgage rates. The possibility of home ownership...
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