Consumer Confidence Surveys – As Of April 29, 2016

Doug Short had a blog post of April 29, 2016 (“Michigan Consumer Sentiment:  April Final Continue Slow Decline“) 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 … Read moreConsumer Confidence Surveys – As Of April 29, 2016

The U.S. Economic Situation – April 29, 2016 Update

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 – April 29, 2016 Update

Employment Cost Index (ECI) – First Quarter 2016

While the concept of Americans’ incomes can be defined in a number of ways, many prominent measures continue to show disconcerting trends. One prominent measure is the Employment Cost Index (ECI). Here is a description from the BLS document titled “The Employment Cost Index:  what is it?“: The Employment Cost Index (ECI) is a quarterly … Read moreEmployment Cost Index (ECI) – First Quarter 2016

Velocity Of Money – Charts Updated Through April 28, 2016

Here are three charts from the St. Louis Fed depicting the velocity of money in terms of the MZM, M1 and M2 money supply measures. All charts reflect quarterly data through the 1st quarter of 2016, and were last updated as of April 28, 2016.  As one can see, two of the three measures are at an … Read moreVelocity Of Money – Charts Updated Through April 28, 2016

Real GDP Chart Since 1947 With Trendline – 1st Quarter 2016

For reference purposes, below is a chart from Doug Short’s “Q1 GDP Advance Estimate at .5%, Worse Than Mainstream Forecasts” post of April 28, 2016, depicting Real GDP, with a trendline, as depicted.  This chart reflects the Gross Domestic Product Q1 2016 Advance Estimate (pdf) of April 28, 2016: _____ The Special Note summarizes my overall thoughts about our economic … Read moreReal GDP Chart Since 1947 With Trendline – 1st Quarter 2016

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 April 21, 2016 update (reflecting data through April 15) is -.862. 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)

Durable Goods New Orders – Long-Term Charts Through March 2016

Many people place emphasis on Durable Goods New Orders as a prominent economic indicator and/or leading economic indicator. For reference, below are two charts depicting this measure. First, from the St. Louis Fed site (FRED), a chart through March 2016, updated on April 26, 2016. This value is $230,651 ($ Millions): (click on charts to … Read moreDurable Goods New Orders – Long-Term Charts Through March 2016

Money Supply Charts Through March 2016

For reference purposes, below are two sets of 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 … Read moreMoney Supply Charts Through March 2016

Long-Term Charts Of The ECRI WLI & ECRI WLI, Gr. – April 22, 2016 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. Below are three long-term charts, from Doug Short’s … Read moreLong-Term Charts Of The ECRI WLI & ECRI WLI, Gr. – April 22, 2016 Update