The October Household Survey (CPS) from the Bureau of Labor Statistics (BLS) reported a drop of 0.1% points in unemployment for October. But decimal rounding over-stated things somewhat. Read More
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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
Residential Construction – December Housing Starts down 10%
Single-family starts down 15%, after November’s 30% gain. But those starts are still oddly higher than permit issuance estimates. Read More
Un/Employment Ratios – New Charts
An expanded set of charts now available, covering Employment-Population, Participation and Unemployment Rates for various sections of the population. Read More
Advance Retail Sales rose 0.2% in August
July growth revised up to 0.43% from previously reported 0.20%. August sales growth coming mostly from vehicle sales, that sector now up 12.3% year over year. Read More