America's Economic Future – A Discussion By Ted Kavadas
Doug Short had a blog post of October 25 (“Michigan Consumer Sentiment: Lowest Level Since December 2012“) 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 …
With regard to our current economic situation, my thoughts can best be described/summarized by the posts found under the 29 “Building Financial Danger” posts. My thoughts concerning our ongoing economic situation – with future implications – can be seen on the page titled “A Special Note On Our Economic Situation,” which has been found near …
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 September, last updated on October 25. This value is 233,411 ($ Millions) : (click on charts to enlarge …
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 …
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 – 52 months after the official (as per the September 20, 2010 NBER BCDC announcement) June 2009 end of the recession – is especially notable. …
In the August 9, 2011 post (“QE3 – Various Thoughts“) I posted a chart that depicted the movements of the S&P500, 10-Year Treasury Yield and the Fed Funds rate spanning the periods of various Federal Reserve interventions since 2007. For reference purposes, here is an updated chart from Doug Short’s blog post of October 14 …
On October 1, Gallup released the poll results titled “U.S. Economic Confidence Dips During Budget Battle.” The subtitle is “Index falls to -19 in September from -13 in August.” Notable excerpts include: As the fiscal battles in Washington intensified last month and the federal government inched closer to its first shutdown in 17 years, Americans’ confidence …
I have written many blog posts concerning the worrisome trends in income and earnings. Doug Short, in his September 25 blog post, titled “Real Median Household Incomes: ‘Stagnation Without Any Clear Trend’” 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 …
In the last post (“Total Household Net Worth As A Percent Of GDP 2Q 2013“) 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 2013:Q2). The last value (as of September 25, 2013) …
The following chart is from the CalculatedRisk blog post of September 25, 2013 titled “Fed’s Q2 Flow of Funds: Household Mortgage Debt down $1.3 Trillion from Peak, Record Household Net Worth.” It depicts Total Household Net Worth as a Percent of GDP. The underlying data is from the Federal Reserve Flow of Funds 2Q 2013 report: (click on …