America's Economic Future – A Discussion By Ted Kavadas
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 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 Doug Short post of April 5, 2018, titled “The Philly Fed ADS Index Business Conditions Index …
Doug Short’s site had a post of March 29, 2018 (“Michigan Consumer Sentiment: March Final Highest Since 2004“) 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 …
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 …
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 2018, updated on March 23, 2018. This value is $247,718 ($ Millions): (click on charts to …
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 …
For reference purposes, here is Total Household Net Worth from a long-term perspective (from 1945:Q4 through 2017:Q4). The last value (as of the March 8, 2018 update) is $98.74554 Trillion: (click on each chart to enlarge image) – Also of interest is the same metric presented on a “Percent Change from a Year Ago” basis: …
As reference, here is a long-term chart of the S&P500 (top plot) and 10-Year U.S. Treasury yield (bottom plot) since 1980, depicted on a monthly basis through the March 5, 2018 closing values: (click on charts to enlarge images)(charts courtesy of StockCharts.com; chart creation and annotation by the author) _____ The Special Note summarizes my overall thoughts …
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 2018, updated on February 27, 2018. This value is $239,724 ($ Millions): (click on charts to …