Consumer Confidence Surveys – As Of March 28, 2024

Advisor Perspectives had a post of March 28, 2024 (“Michigan Consumer Sentiment Reaches Highest Level Since July 2021“) that displays the latest Conference Board Consumer Confidence and 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, …

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Money Supply Charts Through February 2024

For reference purposes, below are two sets of charts depicting growth in the money supply. The first shows the M1, defined in FRED as the following: Before May 2020, M1 consists of (1) currency outside the U.S. Treasury, Federal Reserve Banks, and the vaults of depository institutions; (2) demand deposits at commercial banks (excluding those …

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Durable Goods New Orders – Long-Term Charts Through February 2024

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 February 2024, updated on March 26, 2024. This value is $277,931 ($ Millions): (click on charts to …

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Average Hourly Earnings Trends

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 …

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Consumer Confidence Surveys – As Of March 1, 2024

Advisor Perspectives had a post of March 1, 2024 (“Michigan Consumer Sentiment Moves Sideways in February“) that displays the latest Conference Board Consumer Confidence and 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 …

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Money Supply Charts Through January 2024

For reference purposes, below are two sets of charts depicting growth in the money supply. The first shows the M1, defined in FRED as the following: Before May 2020, M1 consists of (1) currency outside the U.S. Treasury, Federal Reserve Banks, and the vaults of depository institutions; (2) demand deposits at commercial banks (excluding those …

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