America's Economic Future – A Discussion By Ted Kavadas
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 2016, updated on March 24, 2016. This value is $229,364 ($ 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 August 9, 2011 post (“QE3 – Various Thoughts“) I posted a chart that depicted the movements of the S&P500, 10-Year Treasury Yield and the Fed Funds rate spanning the periods of various Federal Reserve interventions since 2007. For reference purposes, here is an updated chart (through March 18, 2016) from Doug Short’s blog …
In the October 6, 2015 post (“Comparisons Of Economic And Financial Aspects – 2008 And 2015“) I discussed credit spreads and featured a chart of the spread between Moody’s Seasoned Baa Corporate Bond and the 10-Year Treasury Constant Maturity. For reference, here is an updated long-term chart of that measure, with a current reading (updated …
In the last post (“Total Household Net Worth As A Percent Of GDP 4Q 2015“) 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 to 2015:Q4). The last value (as of March 10, 2016) …
The following chart is from the CalculatedRisk post of March 10, 2016 titled “Fed’s Flow of Funds: Household Net Worth increased in Q4.” 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 …
On March 1, 2016 Gallup released the poll results titled “U.S. Economic Confidence Steady in February.” Notable excerpts include: Americans’ confidence in the U.S. economy has held steady since July. Gallup’s Economic Confidence Index averaged -13 in February, within the narrow range of -14 to -11 recorded over the past eight months. Consumers’ confidence in …
I have written many blog posts concerning the worrisome trends in income and earnings. Doug Short, in his February 29, 2016 post titled “December Median Household Income at a New Post-Recession High” produced the chart below. It is based upon data from Sentier Research, and it shows both nominal and real median household incomes since 2000, …
Doug Short had a blog post of February 26, 2016 (“Michigan Consumer Sentiment: February Final Slightly Better Than Forecast“) 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 …