Some observations on today’s Retail Sales report. We use our individually price-adjusted series to look at “Real” retail sales. Read More
Posts By: xps
Revisions to Payrolls Survey – Jan. 2022
Heavily revised growth for November and December 2021. 800k jobs removed in June and July. The late 2021 revisions may be late reporting, or the BLS’s Seasonal Adjustment ARIMA models thrashing around, combined with the Benchmark Revision. The seasonal adjustment would explain the balancing drop in mid-year: The ARIMA model must rob Peter to pay… Read more » Read More
Payrolls Earnings: January 2022
Average hours worked per week dropped in January Read More
State and Metro Employment – Wage Rates: December 2021
The Bureau of Labor Statistics’ December Payroll Survey … Read More
State and Metro Employment – Jobs Growth: December 2021
States recovery from the Covid pandemic by selected industries, through December 2021. Read More
State Payrolls
Various charts and tables from the Bureau of Labor Statistics’ State and Metro Employment data. REQUEST MORE CHARTS Next update: September Release on October 20th. State Employment – Total Private Payrolls January through August 2020 current and worst % drops. Seasonally Adjusted. Source: Bureau of Labor Statistics State Trough August Rebound… Read more » Read More
Economic Recovery: Air Travel and Restaurant Dining
We have combined two recent charts into one. They show a very similar picture. Looking like an L-shaped recovery so far. We will look to publish and email weekly updates so as to see any change in trend. Read More