House Prices Reference Chart

As a reference for long-term house price index trends, below is a chart, updated with the most current data (through March) from the CalculatedRisk blog post of May 31, 2016 titled “Real Prices and Price-to-Rent Ratio in March”: (click on chart to enlarge image) _____ The Special Note summarizes my overall thoughts about our economic situation SPX … Read moreHouse Prices Reference Chart

Consumer Confidence Surveys – As Of May 31, 2016

Doug Short had a blog post of May 31, 2016 (“Consumer Confidence Declined Further in May“) 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 May 31, 2016

Long-Term Charts Of The ECRI WLI & ECRI WLI, Gr. – May 27, 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. – May 27, 2016 Update

Durable Goods New Orders – Long-Term Charts Through April 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 April 2016, updated on May 26, 2016. This value is $235,942 ($ Millions): (click on charts to … Read moreDurable Goods New Orders – Long-Term Charts Through April 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 May 19, 2016 update (reflecting data through May 13) is -.985. 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 April 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 April 2016

Broad-Based Indicators Of Economic Activity

The Chicago Fed National Activity Index (CFNAI) and the Aruoba-Diebold-Scotti Business Conditions Index (ADS Index) are two broad-based economic indicators that I regularly feature in this site. The short-term and long-term trends of each continue to be notable. Doug Short, in his blog post of May 20, 2016, titled “The Philly Fed ADS Index Business … Read moreBroad-Based Indicators Of Economic Activity

The U.S. Economic Situation – May 23, 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 – May 23, 2016 Update