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 December 29, 2016 update (reflecting data through December 23) is -1.134. 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)

Consumer Confidence Surveys – As Of December 27, 2016

Doug Short had a blog post of December 27, 2016 (“Consumer Confidence Increases in December“) 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 I find … Read moreConsumer Confidence Surveys – As Of December 27, 2016

Long-Term Charts Of The ECRI WLI & ECRI WLI, Gr. – December 23, 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. – December 23, 2016 Update

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

Updates Of Economic Indicators December 2016

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 December 2016 Chicago Fed National Activity Index (CFNAI) updated as of December 22, 2016: (current reading of CFNAI is -.27; current reading of CFNAI-MA3 is -.14): – The ECRI WLI … Read moreUpdates Of Economic Indicators December 2016

Durable Goods New Orders – Long-Term Charts Through November 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 November 2016, updated on December 22, 2016. This value is $228,171 ($ Millions): (click on charts to … Read moreDurable Goods New Orders – Long-Term Charts Through November 2016

The Yield Curve – December 22, 2016

Many people believe that the Yield Curve is an important economic indicator. On March 1, 2010, I wrote a post on the issue, titled “The Yield Curve As A Leading Economic Indicator.” An excerpt from that post: On the NY Fed link above, they have posted numerous studies that support the theory that the yield … Read moreThe Yield Curve – December 22, 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 December 15, 2016 update (reflecting data through December 9) is -1.18. 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)