America's Economic Future – A Discussion By Ted Kavadas
The Doug Short site had a post of August 30, 2019 (“Michigan Consumer Sentiment: Lowest Level Since October 2016“) 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) – There are a few aspects of the above …
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 July 2019, updated on August 26, 2019. This value is $250,380 ($ Millions): (click on charts to …
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 …
U.S. Economic Indicators Throughout this site there are many discussions of economic indicators. At this time, the readings of various indicators are especially notable. This post is the latest in a series of posts indicating U.S. economic weakness or a notably low growth rate. While many U.S. economic indicators – including GDP – are indicating economic growth, others …
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 …
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 …
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 2nd quarter of 2019, and were last updated as of July 26, 2019. Velocity of MZM Money Stock, current value = 1.332: Data Source: FRED, …
For reference purposes, below is a chart from the Doug Short site post of July 26, 2019 titled “Q2 GDP Advance Estimate: Real GDP at 2.1%, Better Than Expected” reflecting Real GDP, with a trendline, as depicted. This chart incorporates the Gross Domestic Product, Second Quarter 2019 (Advance Estimate) (pdf) of July 26, 2019: _________ I post …
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. The post on the Doug Short site of July 25, 2019, titled “The Philly Fed ADS Index …
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 June 2019, updated on July 25, 2019. This value is $245,958 ($ Millions): (click on charts to …