Producer Price Index

September 11, 2019 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...

Small Business Optimism

September 10, 2019 .Small business optimism fell 1.6 points in August to 103.1 after having risen 1.4 points in July..  The August 2018  level of 108.8  broke the previous record high level of 108.0 set 35 years ago back in July 1983.  The current level of confidence...

Private Employment

September 6, 2019 .Private employment for August rose 96 thousand after having risen 131 thousand in July and 161 thousand in June.   A better reading of what is truly going on is typically represented by the  3-month moving average of private employment which is now...

Unemployment Rate

September 6, 2019 The unemployment rate was  unchanged in August at 3.7% which is the third month in a row at that level.   At 3.7% the unemployment remains close to its lowest level since December 1969  — almost 50 years ago.  The labor force jumped 571...

Average Duration of Unemployment

September 6, 2019 .The average duration of unemployment rose rose 2.5 weeks in August to 22.1 weeks after having declined 2.6 weeks in July.  This series bounces around from month to month, but it does seem to still be declining slowly. While the unemployment rate has...