Back to levels seen two years ago. Recent quarterly growth still lags that seen a year previously. Read More
Posts Categorized: Uncategorized
Explistats Price Deflated Retail Sales Flat in September
Today the Census Derpartment’s Advance Retail Sales reported a 0.25% drop in September. “Real” Retail Sales dropped by 0.27%. But the more accurate Explistats Price-Indexed Sales held steady in September. Read More
Quarterly Payroll Growth down to 0.43% in August
August Payroll Jobs growth at 201,000 was substantially below math trend of July (258,000). Read More
Financial Managers Cause of Low Wage Growth!
Last week’s January Jobs Report drew a lot of attention for its low hourly wage growth of only 0.1% in January. Even though employers added a more-than-expected 227,000 workers in January, average hourly earnings rose just 0.1 percent. Forecasters struggled to make sense of why Americans’ pay had barely risen at all. “What happened with… Read more » Read More
October Retail Sales
Department store sales continue to fall, while online retailers continue to grow. More tables and charts on retail sales. Read More
Single-Home Permits Plateau Like 2013
The three month moving average of single-family home permits is resembling the leveling off seen in 2013. This is the national picture, regionally there are have been more ups and downs which combine to create that plateau. Read More
Payrolls Watch: Growth Breaks Trend
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