Economy

What If ADP Is Registering the True Employment Growth Rate?

Then instead of 135224 thousand private employment in April, it would be 135509 thousand. Figure 1: Private nonfarm payroll employment…

7 months ago

Latest Wisconsin Macro Indicators | Econbrowser

Last week we got GDP and wages and salaries for Q1, as well as employment and coincident indicators for May.…

7 months ago

Business Cycle Indicators, July 1st

Monthly GDP up two months in a row. Final sales in May up, but not offsetting completely decline in April.…

7 months ago

Guest Contribution: “Central bank Credibility and Institutional Resilience”

Today we are pleased to present a guest contribution written by Christopher A. Hartwell (ZHAW School of Management and Law,…

7 months ago

One Year Ahead Inflation Expectations Stable

With Michigan final June survey out, we have this picture: Figure 1: Year-on-year actual CPI inflation (bold black), and expected inflation…

7 months ago

Instantaneous PCE inflation in May

PCE hits consensus. Instantaneous (weighted average of m/m inflation, with more recent observations having higher impact) headline and core down.…

7 months ago

“Food costs doubled, tripled, quadrupled…”

That’s Mr. Trump on inflation. Here’s the data: Figure 1: CPI for food at home (blue), chained (tan), both in…

7 months ago

Eswar Prasad: “Top Dollar” | Econbrowser

From a just-published article in Foreign Affairs: The story of the dollar is, ultimately, less about the United States’ strength…

7 months ago

Truly Tariffying: A (Economic Policy) House of Horrors

I was taking a rare vacation trip (most travel is work related for me), when my wife and I decided…

7 months ago

Wisconsin Employment Situation: May | Econbrowser

The DWD released the May preliminary employment numbers on Thursday (h/t James): Figure 1: Wisconsin nonfarm payroll employment (black), Philadelphia…

8 months ago