America's Economic Future – A Discussion By Ted Kavadas
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 March, updated on April 24, 2015. This value is $240,175 ($ Millions): (click on charts to enlarge images) …
I have written many blog posts concerning the worrisome trends in income and earnings. Doug Short, in his April 23, 2015 post titled “Median Household Income Declined In March” 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. As …
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 …
I find the following charts to be disturbing. These charts would be disturbing at any point in the economic cycle; that they (on average) depict such a tenuous situation now – 70 months after the official (as per the September 20, 2010 NBER BCDC announcement) June 2009 end of the recession – is especially notable. These …
On April 7, 2015 Gallup released the poll results titled “Monthly U.S. Economic Confidence Index Back To Negative.” Notable excerpts include: Gallup’s U.S. Economic Confidence Index registered its first negative monthly score of 2015 in March, slipping to -2. This is down from +1 in February and +3 in January. also: Gallup’s Economic Confidence Index is …
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 …
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 February, updated on March 25, 2015. This value is $231,291 ($ Millions): (click on charts to enlarge images) – …
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 …
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 March 20, 2015, titled “The Philly Fed ADS Business Conditions …
In the last post (“Total Household Net Worth As A Percent Of GDP 4Q 2014“) 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 2014:Q4). The last value (as of March 12, 2015) …