America's Economic Future – A Discussion By Ted Kavadas
The following chart is from the CalculatedRisk post of June 6, 2019 titled “Fed’s Flow of Funds: Household Net Worth Increased in Q1.” It depicts Total Household Net Worth as a Percent of GDP. The underlying data is from the Federal Reserve’s Z.1 report, “Financial Accounts of the United States“: (click on chart to enlarge …
The Doug Short site had a post of May 31, 2019 (“Michigan Consumer Sentiment: Remains Favorable in May“) 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 charts …
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 April 2019, updated on May 24, 2019. This value is $248,395 ($ 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 …
The Doug Short site had a post of April 30, 2019 (“Consumer Confidence Improved in April“) 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 charts that I …
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 1st quarter of 2019, and were last updated as of April 26, 2019. Velocity of MZM Money Stock, current value = 1.333: Data Source: FRED, …
For reference purposes, below is a chart from the Doug Short site post of April 26, 2019 titled “Q1 GDP Advance Estimate: Real GDP at 3.2%, Surprises Forecast” reflecting Real GDP, with a trendline, as depicted. This chart incorporates the Gross Domestic Product, First Quarter 2019 (Advance Estimate) (pdf) of April 26, 2019: _________ I …