EJ Antoni writes: Today’s employment data showed further gains in earnings, but cumulative price increases have still far outpaced earnings…
From a X post today: There have been widening gaps between NFP and civilian employment in the recent, which he…
(Or, ” I have in my hand fifty-seven cases of individuals…”) At 3:44 into this video, this Ms. DiMartino Booth…
Here are key indicators followed by the NBER’s Business Cycle Dating Committee (top indicators employment and person income) plus monthly…
Trend shifted down, but sensitivity up. Figure 1: Log of ratio of vehicle miles traveled to monthly GDP (000’s miles…
Reader Michael writes: …high income wage growth has grown much faster than medium and low income wage growth patterns. Here’s…
Consider the ruble/yuan exchange rate. Figure 1: Rubles per yuan, calculated using dollar rates (blue, log scale). Up is a…
As measured by Baker, Bloom and Davis: Figure 1: EPU (news) for the US (blue), average value 1/20/2021-11/4/2024 (light blue…
GDP, GDO, GDP+: Figure 1: GDP (blue), GDO (tan), GDP+ (green), all in bn.Ch.2017$ SAAR. GDP+ scaled to equal GDP…
From Politico: The ruble tumbled on Wednesday to its lowest level in over two years, as a mix of low…