Economy Non-Essentials, and the Business CycleBy DailyWesternAugust 31, 20250 Torsten Slok provides this illuminating picture of discretionary spending (y/y), by category. A year ago, I wrote…
Economy Business Cycle Indicators w/Monthly GDPBy DailyWesternAugust 14, 20250 SP Global’s monthly GDP series is up (with prediction of flat GDP in Q3): Figure 1: Nonfarm…
Economy Business Cycle Indicators – A Turning Point?By DailyWesternAugust 4, 20250 Maybe, maybe not. With the employment release of Friday, here’re the pictures, first of NBER’s BCDC key indicators, and second…
Economy Business Cycle Indicators – June Employment Release and May Monthly GDPBy DailyWesternJuly 4, 20250 June NFP beats consensus on the back of education and health services employment, while private NFP surprises downside. With S&P…
Economy Industrial and Manufacturing Production, Real Retail Sales – Business Cycle IndicatorsBy DailyWesternJune 18, 20250 With industrial production, we have the following picture of series the NBER Business Cycle Dating Committee focuses on: Figure 1:…
Economy Slowdown? Business Cycle Indicator Data as of Mid-JuneBy DailyWesternJune 15, 20250 With SPGMI’s monthly GDP, we have the following picture of series the NBER Business Cycle Dating Committee focuses on: Figure…
