by sslifer | Apr 10, 2024 | Miscellaneous, NumberNomics Notes
April 10, 2024 . Small business optimism fell 0.9 point in March to 88.5 after declining 1.1 points in February. That is the lowest level for this series since December 2012 which makes the current level even lower than the low point in the March/April 2020 recession...
by sslifer | Apr 4, 2024 | NumberNomics Notes, Retail Sales
April 4, 2024 Unit car and truck sales fell 1.3% in March to 15,489 thousand after having jumped 5.5% in February. The supply challenges that had curtailed car sales for more than two years has ended. The supplier delivery component of the purchasing managers’...
by sslifer | Mar 28, 2024 | Consumer, NumberNomics Notes
March 28, 2024 The .final estimate of consumer sentiment for March rose 2.5 points to 79.4 compared to the preliminary estimate which showed a decline of 0.5 point. Surveys of Consumers Director Joanne Hsu said, “.Critically, consumers exhibited confidence that...
by sslifer | Mar 15, 2024 | Commentary for the Week, NumberNomics Notes
March 15, 2024 We have written frequently about how the Fed’s temporary run-up in inflation turned out not to be temporary. Because wages have not kept pace with the jump in prices, consumer purchasing power has been reduced. This has soured consumer attitudes...
by sslifer | Feb 27, 2024 | Consumer, NumberNomics Notes
February 27, 2024 . The Conference Board reported that consumer confidence fell 4.2 points in February to 106.7 after rising 2.9 points in January. This was the first decline after rising for three consecutive months.. Chief Economist at the Conference Board, Dana...
Follow Me