Category: "manufacturing & durable goods"

Riddle Me This: Why Has Employment Gained and Sales Declined?

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Using technical jargon, the employment numbers and business sales are seriously out of whack. Sales are in contraction and employment is in expansion - an event usually associated with recessions.

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Monthly Macro: Blame it on Inventories, or Is It Something Else?

by Gene D. Balas

What Worried Investors about China?

News on China’s economic slowdown – not to mention its plunging stock market – has rattled investors’ nerves worldwide. In data released January 4, China’s Caixin Manufacturing Purchasing Managers’ Index fell to 48.2 in December, from 48.6 in November, contracting for a tenth month in a row and coming in below a Reuters poll forecast for 49.0.

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Manufacturing Is the Reason the Economy is Not Doing Better?

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Manufacturing in the USA is one topic which needs a little thought.

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December 2014 Industrial Production Weakens but Pretty Much at Expectations

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The headlines say seasonally adjusted Industrial Production (IP) declined. Econintersect‘s analysis agrees  - BUT consider that the unadjusted rolling averages are accelerating. 

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January 2015 Philly Fed Manufacturing Survey Declines Sharply For the Second Month.

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The Philly Fed Business Outlook Survey growth declined and is now suggesting weaker growth - however this is the eleventh month in a row of expansion. Key elements remain in expansion. This survey came in well under expectations.

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