Updates Of Economic Indicators November 2013

Here is an update on various indicators that are supposed to predict and/or depict economic activity.  These indicators have been discussed in previous blog posts: The November 2013 Chicago Fed National Activity Index (CFNAI)(pdf) updated as of November 27, 2013: – The ECRI WLI (Weekly Leading Index): As of 11/22/13 (incorporating data through 11/15/13) the WLI was at … Read moreUpdates Of Economic Indicators November 2013

St. Louis Financial Stress Index – November 27, 2013 Update

On March 28, 2011 I wrote a post (“The STLFSI“) about the St. Louis Fed’s Financial Stress Index (STLFSI) which is supposed to measure stress in the financial system.  For reference purposes, the most recent chart is seen below.  This chart was last updated on November 27, incorporating data from December 31,1993 to November 22, … Read moreSt. Louis Financial Stress Index – November 27, 2013 Update

Durable Goods New Orders – Long-Term Charts Through October 2013

Many people place emphasis on Durable Goods New Orders as a prominent economic indicator and/or leading economic indicator. For reference, below are charts depicting this measure. First, from the St. Louis Fed site (FRED), a chart through October, last updated on November 27.  This value is 230,252 ($ Millions) : (click on charts to enlarge … Read moreDurable Goods New Orders – Long-Term Charts Through October 2013

Consumer Confidence Surveys – As Of November 27, 2013

Doug Short had a blog post of November 26 (“Consumer Confidence Declines Again in November“) in which he presents the latest Conference Board Consumer Confidence and Thomson/Reuters University of Michigan Consumer Sentiment Index charts.  They are presented below: (click on charts to enlarge images) – – There are a few aspects of the above charts that … Read moreConsumer Confidence Surveys – As Of November 27, 2013

Philadelphia Fed – 4th Quarter 2013 Survey Of Professional Forecasters

The Philadelphia Fed Fourth Quarter 2013 Survey of Professional Forecasters was released on November 25.  This survey is somewhat unique in various regards, such as it incorporates a longer time frame for various measures. The survey shows, among many measures, the following median expectations: Real GDP: (annual average level) full-year 2013 : 1.7% full-year 2014 : 2.6% full-year … Read morePhiladelphia Fed – 4th Quarter 2013 Survey Of Professional Forecasters

Food Stamps As Of November 25, 2013

This post is an update to previous posts concerning food stamps.  The program is officially called “Supplemental Nutrition Assistance Program,” or SNAP.  As stated on the SNAP website, “As of Oct. 1, 2008, Supplemental Nutrition Assistance Program (SNAP) is the new name for the federal Food Stamp Program.” The data was last updated November 8, 2013, reflecting August 2013 levels. … Read moreFood Stamps As Of November 25, 2013

Current Economic Situation

With regard to our current economic situation,  my thoughts can best be described/summarized by the posts found under the 30 “Building Financial Danger” posts. My thoughts concerning our ongoing economic situation – with future implications – can be seen on the page titled “A Special Note On Our Economic Situation,” which has been found near … Read moreCurrent Economic Situation

Long-Term Charts Of The ECRI WLI & ECRI WLI, Gr. – November 22, 2013 Update

As I stated in my July 12, 2010 post (“ECRI WLI Growth History“): For a variety of reasons, I am not as enamored with ECRI’s WLI and WLI Growth measures as many are. However, I do think the measures are important and deserve close monitoring and scrutiny. The movement of the ECRI WLI and WLI, … Read moreLong-Term Charts Of The ECRI WLI & ECRI WLI, Gr. – November 22, 2013 Update

Trends Of S&P500 Earnings Forecasts

S&P500 earnings trends and estimates are a notably important topic, for a variety of reasons, at this point in time. FactSet publishes a report titled “Earnings Insight” that contains a variety of information including the trends and expectations of S&P500 earnings. For reference purposes, here are two charts as seen in the “Earnings Insight” (pdf) report of … Read moreTrends Of S&P500 Earnings Forecasts

S&P500 Earnings Estimates For Years 2013, 2014, And 2015

As many are aware, Thomson Reuters publishes earnings estimates for the S&P500.  (My other posts concerning S&P earnings estimates can be found under the S&P500 Earnings tag) The following estimates are from Exhibit 12 of “The Director’s Report” (pdf) of November 21, 2013, and represent an aggregation of individual S&P500 component “bottom up” analyst forecasts: Year 2013 estimate: $109.47/share … Read moreS&P500 Earnings Estimates For Years 2013, 2014, And 2015