America's Economic Future – A Discussion By Ted Kavadas
I have written many blog posts concerning the worrisome trends in income and earnings. Doug Short, in his December 30, 2016 post titled “Real Median Household Income: Slow Growth in 2016” produced the chart below. It is based upon data from Sentier Research, and it shows both nominal and real median household incomes since 2000, as …
Doug Short had a blog post of December 27, 2016 (“Consumer Confidence Increases in December“) 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 that I find …
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 November 2016, updated on December 22, 2016. This value is $228,171 ($ 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 …
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. Doug Short, in his blog post of December 12, 2016, titled “The Philly Fed ADS Index Business …
In the last post (“Total Household Net Worth As A Percent Of GDP 3Q 2016“) 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 2016:Q3). The last value (as of the December 8, …
The following chart is from the CalculatedRisk post of December 9, 2016 titled “Fed’s Flow of Funds: Household Net Worth increased in Q3.” 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 …
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 November 29, 2016 (“Consumer Confidence Rebounds in November“) 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 that I find …
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 October 2016, updated on November 23, 2016. This value is $239,367 ($ Millions): (click on charts to …