Money Supply Charts Through December 2021

For reference purposes, below are two sets of charts depicting growth in the money supply. The first shows the M1, defined in FRED as the following: Before May 2020, M1 consists of (1) currency outside the U.S. Treasury, Federal Reserve Banks, and the vaults of depository institutions; (2) demand deposits at commercial banks (excluding those …

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Updates Of Economic Indicators January 2022

The following is an update of various indicators that are supposed to predict and/or depict economic activity. These indicators have been discussed in previous blog posts: The January 2022 Chicago Fed National Activity Index (CFNAI) updated as of January 24, 2022: The CFNAI, with a current reading of -.15: source:  Federal Reserve Bank of Chicago, Chicago Fed National …

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Chicago Fed National Financial Conditions Index (NFCI)

The St. Louis Fed’s Financial Stress Index (STLFSI3) is one index that is supposed to measure stress in the financial system. Its reading as of the January 13, 2022 update (reflecting data through January 7, 2022) is -.8245: source: Federal Reserve Bank of St. Louis, St. Louis Fed Financial Stress Index [STLFSI3], retrieved from FRED, …

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Broad-Based Indicators Of Economic Activity

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 Advisor Perspectives’ post of December 30, 2021, titled “The Philly Fed ADS Index Business Conditions Index Update” …

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Chicago Fed National Financial Conditions Index (NFCI)

The St. Louis Fed’s Financial Stress Index (STLFSI2) is one index that is supposed to measure stress in the financial system. Its reading as of the December 30, 2021 update (reflecting data through December 24, 2021) is -.6940: source: Federal Reserve Bank of St. Louis, St. Louis Fed Financial Stress Index [STLFSI2], retrieved from FRED, …

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Money Supply Charts Through November 2021

For reference purposes, below are two sets of charts depicting growth in the money supply. The first shows the M1, defined in FRED as the following: Before May 2020, M1 consists of (1) currency outside the U.S. Treasury, Federal Reserve Banks, and the vaults of depository institutions; (2) demand deposits at commercial banks (excluding those …

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Durable Goods New Orders – Long-Term Charts Through November 2021

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 2021, updated on December 23, 2021. This value is $268,251 ($ Millions): (click on charts to …

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Updates Of Economic Indicators December 2021

The following is an update of various indicators that are supposed to predict and/or depict economic activity. These indicators have been discussed in previous blog posts: The December 2021 Chicago Fed National Activity Index (CFNAI) updated as of December 22, 2021: The CFNAI, with a current reading of .37: source:  Federal Reserve Bank of Chicago, Chicago Fed National …

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