The BLS U.3 unemployment rate fell in October to 5.8% from 5.9% in September. This is a good result, with the Labor Force rising yet Employment rising faster. Read More
Posts By: xps
GDP: 3rd Qtr grew at 3.5% Annualized
The 3.5% includes a 1.2% contribution from Private Consumption, 1.3% from Exports and a significant 0.7% from Defense expenditures. Read More
October Payrolls: Trend Forecasts only 180,000 more jobs.
Seasonal Adjustment biased to growth lower than prior month and consensus. Currently, the consensus is averaging a 235,000 gain. Read More
Advance Manufacturing: October Durable Goods Down 1.3%
A drop in New Orders for September of $3.2bn or 1.3%, with the bulk of that coming from a $2.8bn drop in orders for commercial (Non-Defense) aircraft and parts manufacturing. The value of shipments was flat although still up 5.7% for the year. Read More
Payroll Survey Preview
Here are the mathematical trend numbers which are produced in advance by the ExpliStats modeling of the BLS seasonal adjustment process. The trends here are what could be expected for September, given the seasonally-adjusted BLS trends established through August. Read More
CPI-U index drops 0.2% in August.
Gas prices drop 4.1% and contribute 0.25% drop to the index. Annual CPI-U inflation now at 1.71%.
CPI-W inflaiton rate now 1.60%. Read More
August Retail Sales strong with 0.6% Gain
Gains across almost all sectors, with half of gain coming from Vehicle Sales. July growth revised up significantly Read More