Port of Long Beach: Another Record Month in October
From the Port of Long Beach: Port Sets Record for October Cargo, Long Beach on pace for highest-ever volumes in 2017A year of records continues...
Author : Calculated Risk
Schedule for Week of Nov 12, 2017
The key economic reports this week are October housing starts, retail sales and the Consumer Price Index (CPI).For manufacturing, October industrial production, and the November...
Oil Rigs “A Sharp Rebound in the Rig Count”
A few comments from Steven Kopits of Princeton Energy Advisors LLC on Nov 10, 2017:• Rigs counts rebounded sharply this week, essentially reversing last week’s...
Employment: October Diffusion Indexes
I haven't posted this in some time. Here is some more positive news in the employment report.The BLS diffusion index for total private employment was...
Preliminary November Consumer Sentiment declines to 97.8
The preliminary University of Michigan consumer sentiment index for November was at 97.8, down from 100.7 in October. Consumer sentiment declined slightly in early November...
Prime Working-Age Population nears 2007 Peak
The prime working age population peaked in 2007, and bottomed at the end of 2012. As of October 2017, according to the BLS, there were...
Hotel Occupancy Rate decreases YoY
From HotelNewsNow.com: STR: US hotel results for week ending 4 NovemberThe U.S. hotel industry reported mixed year-over-year results in the three key performance metrics during...
Is the stock market a bubble?
Over a week ago I posted five economic questions I'm frequently asked. Last week I discussed: Are house prices in a new bubble? and Is...
Weekly Initial Unemployment Claims increase to 239,000
The DOL reported:In the week ending November 4, the advance figure for seasonally adjusted initial claims was 239,000, an increase of 10,000 from the previous...
The Future is still Bright!
I wrote this one year ago in November 2016. Not much has changed (no major policies have been enacted), and the economy remains on cruise...