by sslifer | Jun 11, 2021 | Commentary for the Week, NumberNomics Notes
June 11, 2021 The CPI rose sharply in May for the second consecutive month. Large increases are often attributable to the volatile food and energy categories. Not this time. It is the run-up in the so-called core rate that is troublesome. Much of the increase was...
by sslifer | Jun 4, 2021 | Commentary for the Week, NumberNomics Notes
June 4, 2021 As each month passes it is clear that the demand side of the economy is showing no sign of slowing down. On the production side, employers are able to hire a respectable number of new workers but they need far more bodies than they are able to find. In...
by sslifer | May 28, 2021 | Commentary for the Week, NumberNomics Notes
May 28, 2021 The labor market seems to be on a roll midway through the second quarter. Layoffs have fallen to the lowest level since the recession ended last April, which suggests that the modest increase in payroll employment and the 0.1% uptick in the unemployment...
by sslifer | May 21, 2021 | Commentary for the Week, NumberNomics Notes
May 21, 2021 The extreme shortage of available housing is causing home prices to soar. The housing market is seriously overheated. People are knocking on homeowners’ doors asking if they would be interested in selling. Some current homeowners are listing their...
by sslifer | May 14, 2021 | Commentary for the Week, NumberNomics Notes
May 14, 2021 In April inflation returned in spades and the markets did not like it. The stock market plunged. Consumer sentiment fell 5.5 points in May as consumers were shaken by the monthly jump in inflation. Some of the upswing reflects rebounding airfares,...
by sslifer | May 14, 2021 | Commentary for the Week, NumberNomics Notes
May 14, 2021 The grand arbiter of recession dating is the National Bureau of Economic Research. It determines the exact month that expansions and recessions get underway and end. On June 8 of last year it indicated that the decade long expansion ended in February...
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