America's Economic Future – A Discussion By Ted Kavadas
Doug Short had a blog post of September 29, 2017 (“Michigan Consumer Sentiment: September Final Down from August“) in which he presents 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 August 2017, updated on September 27, 2017. This value is $232,798 ($ 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 …
In the last post (“Total Household Net Worth As A Percent Of GDP 2Q 2017“) I displayed a long-term chart depicting Total Household Net Worth as a percentage of GDP. For reference purposes, here is Total Household Net Worth from a long-term perspective (from 1945:Q4 through 2017:Q2). The last value (as of the September 21, …
The following chart is from the CalculatedRisk post of September 21, 2017 titled “Fed’s Flow of Funds: Household Net Worth increased in Q2.” 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 image) As seen in …
Throughout this site there are many discussions of economic indicators. At this time, the readings of various indicators are especially notable. While many U.S. economic indicators – including GDP – are indicating economic growth, others depict (or imply) various degrees of weak growth or economic contraction. Below are a small sampling of charts that depict …
On September 5, 2017 Gallup released the poll results titled “U.S. Economic Confidence Surges, Then Declines, in August.” Notable excerpts include: Gallup’s U.S. Economic Confidence Index is the average of two components: how Americans rate current economic conditions and whether they believe the economy is improving or getting worse. The index has a theoretical maximum …
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 …
Doug Short had a blog post of September 1, 2017 (“Michigan Consumer Sentiment: August Final Up from July“) in which he presents 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 July 2017, updated on August 25, 2017. This value is $229,161 ($ Millions): (click on charts to …