by sslifer | Mar 15, 2024 | Industrial Production, NumberNomics Notes
March 15, 2024 Industrial production rose 0.4% in both February and March after having fallen 0.8% in January. In the past year industrial production has been unchanged. The manufacturing sector has been essentially unchanged for the past year. Breaking industrial...
by sslifer | Jul 28, 2023 | Commentary for the Week, NumberNomics Notes
July 28, 2023 GDP climbed 2.4% in the second quarter, 2.0% in the first quarter and 2.6% in the fourth quarter. Clearly, the economy is on a roll. Economists – including those at the Fed — are quickly abandoning their recession forecasts and concluding that...
by sslifer | Jun 2, 2023 | Commentary for the Week, NumberNomics Notes
June 2, 2023 The monthly employment report is always a key indicator for economists in assessing the degree of economic activity for any given month. It is significant because it is the first solid evidence of what the economy did in the prior month. It has the...
by sslifer | May 19, 2023 | Commentary for the Week, NumberNomics Notes
May 19, 2023 The Conference Board’s index of leading indicators (LEI) has been falling steadily since December 2021. The index anticipates turning points in the business cycle by around 10 months. Based on this steep slide the Conference Board forecasts a recession...
by sslifer | Sep 14, 2018 | Commentary for the Week, NumberNomics Notes
September 14, 2018 We have heard about Hurricane Florence for weeks. The good news is that it did not come ashore as the Category 4 or possibly Category 5 storm that had been feared early in the month. Rather, it hit Wilmington as a Category 1 storm. The bad news...
Follow Me