This is the table that accompanies the weekly economic review article: Chilling Headwinds: Energy Costs Stalling the Economy?:
Weekly Economic Release Scorecard:
Item | Headline | Analysis |
April Empire State Manufacturers Survey | Improved | Survey looks solid but has an anomaly in backlog |
March Industrial Production | Up | Solid performance but note that IP remains at 93.6% of pre-recession levels |
March Consumer Prices | Up 2.7% YoY | Consumers may be seeing much higher price increases |
March Sea Container Counts | Up | Exports remain at historical highs |
Consumer Metrics | Falling | Consumer Contraction now is far exceeding the Great Recession |
March Producer Price Index | Up 5.8% YoY | Rate of rise returned to 6 month average after last months surge. |
February Business Sales | Up | Size of increase so small it takes a microscope to see |
March Retail Sales | Up | Growth trend over last 4 months remains in tight 7% YoY trend |
March Retail Sales | USA remains in a retail sales recession | |
March Import / Export Prices | Up | Prices are up 9% YoY – yet PPI only up 6%??? |
March Small Business Sentiment | Down | Surprisingly large one month setback in a background of recent up-trending sentiment |
March Diesel Consumption | Up | Strong growth |
February USA Trade Deficit | Down | Larger than normal decline in imported oil |
Retail Sales & Credit | When inflation and population are factored in, no retail sales growth. Credit growth is only student loans. | |
Iceland | Why voters rejected compensating Europe for losses | |
Australia Housing Prices | An expert’s view of what is really going on in Oz | |
Wines | A look at the effectiveness of Napa, Sonoma, and Columbia in marketing wines | |
Las Vegas Properties | Kieth Jurow explores whether it is time to buy residential property in Las Vegas | |
Corporate Forward Earnings | Jeff Miller examines the use of forward earning estimates | |
Dow Industrials, S&P Index | William Kurtz argues the market has peaked | |
USA Austerity or Simulus | Elliott Morss looks at if and when the USA should be on IMF standby | |
Economic Ideologies | Delusional Economics says you need to beware economists with ideologies | |
Europe | Dirk Ehnts argues low interest rates are a transfer of wealth | |
Iceland | Michael Hudson shows why Iceland needed to reject paying Europe back | |
Europe Interest Rate Rise | Dirk Ehnts reviews the conflicts of rising RCB interest rates | |
China | Michael Pettis looks at bank reform |