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A Note on the Industrial Production Numbers $

A Note on the Industrial Production Numbers  $

In general there was a lot to like in the recent industrial production report – a gain of 1.1% and an improvement to levels not seen since the recession started.…

Yet, Industrial Production Was Strong in November $

Yet, Industrial Production Was Strong in November  $

Industrial production (a figure watched closely by economists to determine the health of the economy) came in 1.3% stronger in November and currently is running at a 5.2% annual rate…

Total Construction Spending Rises in October $

Total Construction Spending Rises in October $

Total construction spending rose by 1.1% in October from September’s levels. Public construction spending rose more than expected, jumping 2.3% in the month. Federal construction activity rose nearly 20% in…

Auto Sales Boom

Auto Sales Boom

This is preliminary data, but it appears as though the lower gas prices and many dealer year-end closeouts have worked to make November auto sales one of the strongest in…

JOLTS Data Unremarkable $

 The Job Openings and Labor Turnover report from the Bureau of Labor Statistics was released today and it showed that:     There were 4.7 million job openings in September…

Consumer Credit Report “Unremarkable”

Consumer Credit Report “Unremarkable”

Consumer’s added credit card debt in September (up by $1.5 billion) after falling in August. This wasn’t out of line from most economic estimates and in reality, was a little…

A Quick Comment on Waiting for the Party $

A Quick Comment on Waiting for the Party  $

Have you ever spent a day or two getting the house ready for a party and if you were better than I am, you had the house, food and everything…

Latest Data Provides Some Mixed Views $

Latest Data Provides Some Mixed Views   $

Here is some news that will make everything as clear as mud. The latest durable goods orders numbers fell by 1.3% and that marks the second straight month that these…

Security Being Increased at Government Facilities $

Security Being Increased at Government Facilities       $

There isn’t a lot of details but the Department of Homeland Security is increasing security at Government facilities around the country after the events in Canada. There isn’t a specific…

Domestic Economic Blasts

Domestic Economic Blasts

Things to Watch for at the Fed Meeting – _In some respects this will not be that interesting a meeting of the FOMC – no big announcements are expected and…

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