The Fear is Overblown

July 10, 2020 There is no question that the virus is spreading more rapidly as the U.S. economy continues to re-open.  But we believe that the press is overstating the problem.  Meanwhile, every economic indicator released in the past two months has been far higher...

Producer Price Index

July 10, 2020 The Producer Price Index for final demand – intermediate 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...

Initial Unemployment Claims

July 9, 2020 Initial unemployment claims for the week of June 27 fell 99 thousand in the week ending July 4 to 1,314 thousand after having declined 69 thousand in the previous week  Claims have fallen steadily since reaching a peak of 6,867 thousand in the week ending...