Posts By: xps

SF / Philadelphia CPI Differences

Posted by & filed under Consumer Price Index, Data News.

The headline, CPI “U.S. City Average” inflation rate published today by the Bureau of Labor Statistics up, at 0.7%. Prices actually fell in December  (on a seasonally adjusted basis) but December 2014’s much larger fall, fell out of the year-to-year rate, resulting in that increase to 0.7%.   At the local level. San Francisco’s CPI… Read more » Read More

Payrolls Watch: Growth Breaks Trend

Posted by & filed under Payroll Survey, Uncategorized.

Updating our look at the October 2015 payrolls, where we compared the year-to-year growth with the rolling 3-month growth. The three-month growth rate (annualized) has broken through to the upside of the still down-trending year-over-year growth rate. The annual percentage growth to December 2015 of 1.9% is still below the 2.3% recorded for the year… Read more » Read More

Payroll Growth Is Not Growing

Posted by & filed under Payroll Survey.

The past two months’ seasonally adjusted changes are being viewed as signs of a robust pick-up in growth. But in the medium to long term perspective that is needed with so much month-to-month noise, revision and adjustment – growth is slowing. On a percentage basis, both year-over-year, and a rolling quarterly growth (annualized) are both… Read more » Read More

Unemployment Not Quite Flat in November

Posted by & filed under Data News.

Today’s headline unemployment rate was unchanged at 5.0% as reported today by the Bureau of Labor Statistics.  If we look in closer, decimal detail (as we did last month – “Rounding Unemployment“) we see that instead of a 0.1% drop in October and no change in November  we have, really, a no-change situation for September… Read more » Read More