Durable Goods New Orders – Long-Term Charts Through October 2020

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 October 2020, updated on November 25, 2020. This value is $240,769 ($ Millions): (click on charts to …

Read moreDurable Goods New Orders – Long-Term Charts Through October 2020

Consumer Confidence Surveys – As Of November 25, 2020

Advisor Perspectives had a post of November 25, 2020 (“Michigan Consumer Sentiment…“) that displays 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) – While I don’t believe that confidence surveys should be overemphasized, I find these readings and trends …

Read moreConsumer Confidence Surveys – As Of November 25, 2020

Money Supply Charts Through October 2020

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 Money …

Read moreMoney Supply Charts Through October 2020

Charts Indicating Economic Weakness – November 2020

U.S. Economic Indicators Throughout this site there are many discussions of economic indicators.  This post is the latest in a series of posts indicating U.S. economic weakness or a notably low growth rate. The level and trend of economic growth is especially notable at this time. As seen in various measures and near-term projections, the U.S. economy …

Read moreCharts Indicating Economic Weakness – November 2020

Employment Cost Index (ECI) – Third Quarter 2020

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) – Third Quarter 2020

Velocity Of Money – Charts Updated Through October 29, 2020

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 3rd quarter of 2020, and were last updated as of October 29, 2020. Velocity of MZM Money Stock, current value = 1.00: Data Source: FRED, …

Read moreVelocity Of Money – Charts Updated Through October 29, 2020

Real GDP Chart Since 1947 With Trendline – 3rd Quarter 2020

For reference purposes, below is a chart from the Advisor Perspectives’ post of October 29, 2020 titled “Q3 GDP Advance Estimate: Real GDP at 31.4%, Record High” reflecting Real GDP, with a trendline, as depicted.  This chart incorporates the Gross Domestic Product, Third Quarter 2020 (Advance Estimate) of October 29, 2020: _________ I post various indicators and …

Read moreReal GDP Chart Since 1947 With Trendline – 3rd Quarter 2020

Durable Goods New Orders – Long-Term Charts Through September 2020

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 September 2020, updated on October 27, 2020. This value is $237,057 ($ Millions): (click on charts to …

Read moreDurable Goods New Orders – Long-Term Charts Through September 2020

Money Supply Charts Through September 2020

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 Money …

Read moreMoney Supply Charts Through September 2020