Some observations on today’s Retail Sales report. We use our individually price-adjusted series to look at “Real” retail sales. Read More
Posts Categorized: Data News
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
Average hours worked per week dropped in January Read More
The Bureau of Labor Statistics’ December Payroll Survey … Read More
States recovery from the Covid pandemic by selected industries, through December 2021. Read More
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
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