One month of weak payroll data does not make a crisis. The US economy appears to have added only 160,000 new jobs during the month of April in 2016, the Bureau of […]
Internal demand strengthens as external conditions weaken.
Main national economic indicators reveal a solidifying moment of the American economy. In spite of job losses in mining and oil-related sectors, total nonfarm payroll employment increased by 242,000 in February; and […]
Real Earnings: Bureau of Labor Statistics, January 2016.
Press Release by the Bureau of Labor Statistics. All employees Real average hourly earnings for all employees increased 0.4 percent from December to January, seasonally adjusted, the U.S. Bureau of Labor Statistics […]
A set of possible negative US economic shocks.
The puzzling aspect of recent data on inflation has been the deflation trajectory forged by oil prices. The index on energy by itself has fallen 28.7 percent over the year. Just in […]
“Core” inflation might be reflecting pressures solely generated by retailers.
Data on both unemployment and prices have monetary policy analysts wondering whether or not the US supply side of the economy is heading towards overheating. Thus far, indicators on industrial production and […]
Unemployment rate continues to decline in July 2015.
The unemployment rate continues to decline in July 2015 for most of the metropolitan areas within the United States. 92% of the metropolitan areas in the Nation experienced lower unemployment rates than […]
“Core” inflation rate will have huge influence on monetary policy next month.
Second Estimates for real GDP growth in the United States indicate that the economy grew at 3.7 percent during the second quarter of 2015 after correcting by price change. The report from […]
Despite job losses, New Jersey’s labor market looks vibrant rather than sclerotic.
Regional and State statistics on employment and unemployment for the month of July 2015 looked motionless for the great majority of States in terms of over-the-month changes. Over-the-year though, nonfarm employment increased […]
Real Earnings and the use of Dubious Statistics.
The use of the Average Statistic deceives readers very often whenever the Mean gets severely affected by outliers within the data. One of the most repeated critics to data analysts is the […]
Follow up on US Construction Industry Data.
Follow up on US Construction Industry Data. At the beginning of the summer of 2015, both labor statistics on employment levels and US Gross Domestic Product showed a slowdown on job creation […]