by sslifer | Dec 8, 2023 | Commentary for the Week, NumberNomics Notes
December 8, 2023 The employment report for November defied expectations as the economy generated 199 thousand jobs and the unemployment rate fell 0.2% to 3.7%. At the same time, consumer sentiment jumped 13% in December and is now close to its highest level in two...
by sslifer | Nov 17, 2023 | Commentary for the Week, NumberNomics Notes
November 17, 2023 The CPI registered no change in October which is encouraging because the CPI has risen every month since May 2020. The 12-month increase in the CPI has plunged from a peak of 9.0% to the 3.2% mark. The core rate has dropped from 6.5% to 4.0%. ...
by sslifer | Nov 10, 2023 | Commentary for the Week, NumberNomics Notes
November 10, 2023 The recent productivity spurt is worth noting and is, perhaps, the beginning of a longer-lasting uptrend. If so, the economy’s economic speed limit could climb from 1.8% today to perhaps 2.5%. Faster potential growth is the holy grail of...
by sslifer | Nov 3, 2023 | Commentary for the Week, NumberNomics Notes
November 3, 2022 The employment report for October confirmed that the monthly gains in employment continue to slow gradually. The 150 thousand increase in employment was held down by the loss of 33 thousand workers in the automobile industry caused by the UAW strike,...
by sslifer | Oct 27, 2023 | Commentary for the Week, NumberNomics Notes
October 27, 2023 The budget deficit for fiscal 2023 was $1.7 trillion but nobody cared`. Projected budget deficits for the next ten years never get smaller and within five years are expected to exceed $2.5 trillion. As a result, the Treasury will add $20 trillion to...
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