America's Economic Future – A Discussion By Ted Kavadas
I have written many blog posts concerning the worrisome trends in income and earnings. Doug Short, in his July 8, 2015 post titled “Median Household Income Rose Again in May” produced the chart below. It is based upon data from Sentier Research, and it shows both nominal and real median household incomes since 2000, as depicted. …
On July 7, 2015 Gallup released the poll results titled “U.S. Economic Confidence Index Holds at Seven-Month Low.” Notable excerpts include: Gallup’s U.S. Economic Confidence Index was essentially steady in June, averaging -8 for the month. This is statistically tied with May’s -7 score, keeping the index at its lowest monthly reading since November. also: …
I have written many blog posts concerning the worrisome trends in income and earnings. Along these lines, one of the measures showing disconcerting trends is that of hourly earnings. While the concept of hourly earnings can be defined and measured in a variety of ways, below are a few charts that I believe broadly illustrate problematic …
Doug Short had a blog post of June 30, 2015 (“Another Gain in Consumer Confidence“) 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 …
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 …
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 May, updated on June 23, 2015. This value is $228,913 ($ Millions): (click on charts to enlarge images) …
In the last post (“Total Household Net Worth As A Percent Of GDP 1Q 2015“) I displayed a long-term chart depicting Total Household Net Worth as a percentage of GDP. For reference purposes, here is Total Household Net Worth from a long-term perspective (from 1949:Q4 to 2015:Q1). The last value (as of June 11, 2015) …
The following chart is from the CalculatedRisk blog post of June 11, 2015 titled “Fed’s Q1 Flow of Funds: Household Net Worth at Record High.” It depicts Total Household Net Worth as a Percent of GDP. The underlying data is from the Federal Reserve’s Z.1 report, “Financial Accounts of the United States“: (click on chart to enlarge image) As …
I have written many blog posts concerning the worrisome trends in income and earnings. Along these lines, one of the measures showing disconcerting trends is that of hourly earnings. While the concept of hourly earnings can be defined and measured in a variety of ways, below are a few charts that I believe broadly illustrate problematic …
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 June 4, 2015, titled “The Latest Philly Fed ADS Business …