Velocity Of Money – Charts Updated Through October 30, 2014

Here are two charts from the St. Louis Fed depicting the velocity of money in terms of the M1 and M2 money supply measures. All charts reflect quarterly data through the 3rd quarter of 2014, and were last updated as of October 30, 2014. Velocity of M1 Money Stock, current value = 6.178: Data Source: FRED, Federal … Read moreVelocity Of Money – Charts Updated Through October 30, 2014

Long-Term Charts Of The ECRI WLI & ECRI WLI, Gr. – October 31, 2014 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. – October 31, 2014 Update

Consumer Confidence Surveys – As Of October 31, 2014

Doug Short had a blog post of October 31, 2014 (“Michigan Consumer Sentiment at a Seven-Year High“) 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 … Read moreConsumer Confidence Surveys – As Of October 31, 2014

Chicago Fed National Financial Conditions Index (NFCI)

The St. Louis Fed’s Financial Stress Index (STLFSI) is one index that is supposed to measure stress in the financial system.  Its reading as of the October 23, 2014 update (reflecting data through October 17) is -.827. Of course, there are a variety of other measures and indices that are supposed to measure financial stress and other related … Read moreChicago Fed National Financial Conditions Index (NFCI)

Money Supply Charts Through September 2014

For reference purposes, below are four charts depicting growth in the money supply. The first shows the MZM (Money Zero Maturity), defined in FRED as the following: M2 less small-denomination time deposits plus institutional money funds. Money Zero Maturity is calculated by the Federal Reserve Bank of St. Louis. Here is the “MZM Money Stock” … Read moreMoney Supply Charts Through September 2014

Durable Goods New Orders – Long-Term Charts Through September 2014

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 September, last updated on October 28, 2014.  This value is 241,633 ($ Millions) : (click on charts to … Read moreDurable Goods New Orders – Long-Term Charts Through September 2014

Long-Term Charts Of The ECRI WLI & ECRI WLI, Gr. – October 24, 2014 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. – October 24, 2014 Update

The U.S. Economic Situation

Perhaps the main reason that I write of our economic situation is that I continue to believe, based upon various analyses, that our economic situation is in many ways misunderstood.  While no one likes to contemplate a future rife with economic adversity, current and future economic problems must be properly recognized and rectified if high-quality, … Read moreThe U.S. Economic Situation

Updates Of Economic Indicators October 2014

Here is an update of various indicators that are supposed to predict and/or depict economic activity. These indicators have been discussed in previous blog posts: The October 2014 Chicago Fed National Activity Index (CFNAI)(pdf) updated as of October 23, 2014: – The ECRI WLI (Weekly Leading Index): As of October 17, 2014 (incorporating data through … Read moreUpdates Of Economic Indicators October 2014