Miles driven sharply down in the pandemic. This suggests that the CPI and the Retail Sales can’t both be right. Read More
Posts By: xps
Covid Dining
In the charts below we see, with the exception of New York, that death rates seem to correlate with dining levels with a lag of about six to eight weeks.
Dining Across States and Metros
First, a comparison of four major states, followed by comparison of metros within these states (and the broader North East.)
Contrast San Francisco with Naples, FL! Read More
Restaurant Employment Rise
OpenTable.com is helpfully publishing data on what they see in year-over-year dining reserved through their service.
We plan on taking a look at the regional picture, but in this chart we plot their national data against the Payroll Survey estimates of two related employment sectors. Read More
CPI-U Index up strongly 0.6% in July, with 1.0% Annual inflation.
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.6 percent
in July on a seasonally adjusted basis, the same increase as in June, the U.S.
Bureau of Labor Statistics reported today. Over the last 12 months, the all
items index increased 1.0 percent before seasonal adjustment. Read More
Unemployment Rate fell in June to 11.1%.
The Labor Force Participation rate rose to 61.5% from 60.8%.
The Employment/Population Ratio rose to 54.6% from 52.8%. Read More
Payrolls Survey: Jobs Growth of 1,763,000 in July
The Bureau of Labor Statistics’ July Payroll Survey reported a seasonally adjusted gain of 1763,000 jobs, 1462,000 in the private sector. Read More