Written by Steven Hansen The Producer Price Index format and breakdown has been reworked this month, and it likely will take some time to make sense of this data.
Written by Steven Hansen Econintersect‘s analysis of final business sales data (retail plus wholesale plus manufacturing) for January 2014 shows sales declined with inventory levels up but remaining on the high side of a normal range for periods of expansion.
Written by Steven Hansen Year-over-year export and import price deflation continues. Import prices have deflated year-over year for 19 of the last 20 months.
Written by Steven Hansen Retail sales were up according to US Census. Our analysis disagreed, and the decline is even worse than our analysis because of the moderate downward revision of last month’s data. The per capita retail sales growth has almost disappeared.
Written by Steven Hansen The BLS Job Openings and Labor Turnover Survey (JOLTS) can be used as a predictor of future jobs growth, and the predictive elements show that the jobs situation growth rate likely will not change either for the good or the bad. There was a annual revision of the data with this …