Consumer Confidence Surveys – As Of February 26, 2021

Advisor Perspectives had a post of February 26, 2021 (“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 …

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Durable Goods New Orders – Long-Term Charts Through January 2021

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 January 2021, updated on February 25, 2021. This value is $256,578 ($ Millions): (click on charts to …

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Money Supply Charts Through January 2021

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 …

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Charts Indicating Economic Weakness – February 2021

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 …

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Consumer Confidence Surveys – As Of January 29, 2021

Advisor Perspectives had a post of January 29, 2021 (“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 …

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Employment Cost Index (ECI) – Fourth 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 …

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January 28, 2021 Gallup Poll Results On Economic Confidence – Notable Excerpts

On January 28, 2021 Gallup released the poll results titled “Americans’ Economic Mood Sinks for Second Straight Month.” Notable excerpts include: Americans’ assessments of the U.S. economy worsened in January after an even larger stumble in December, but following seven months when economic perceptions had generally shown modest improvements. The five-point decline in Gallup’s Economic …

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Velocity Of Money – Charts Updated Through January 28, 2021

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 4th quarter of 2020, and were last updated as of January 28, 2021. Velocity of MZM Money Stock, current value = .995: Data Source: FRED, …

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Real GDP Chart Since 1947 With Trendline – 4th Quarter 2020

For reference purposes, below is a chart from the Advisor Perspectives’ post of January 28, 2021 titled “Q4 GDP Advance Estimate: Real GDP at 4%,” reflecting Real GDP, with a trendline, as depicted.  This chart incorporates the Gross Domestic Product, 4th Quarter and Year 2020 (Advance Estimate) of January 28, 2021: _________ I post various indicators and …

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