Year over year growth declined, at least for now reversing a small move up in the context of a larger move lower. Decelerating employment growth generally coincides with decelerating GDP, as has been the case: Another indicator that’s been perking up. May be weather related: Intermodal traffic’s prolonged contraction shifted to expansion last month:
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WARREN MOSLER considers the following as important: Economic Releases
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WARREN MOSLER writes Consumer sentiment, real retail sales, industrial production, wages
WARREN MOSLER writes New manufacturers orders, vehicle sales, unemployment claims, rents, oil prices
WARREN MOSLER writes Saudi price hike, private payrolls, new hires, corporate profits
WARREN MOSLER writes Pending home sales, Durable goods orders, oil rigs and production
Year over year growth declined, at least for now reversing a small move up in the context of a larger move lower. Decelerating employment growth generally coincides with decelerating GDP, as has been the case:
Another indicator that’s been perking up. May be weather related:
Intermodal traffic’s prolonged contraction shifted to expansion last month: