Thursday , November 21 2024
Home / Tag Archives: Economic Releases (page 3)

Tag Archives: Economic Releases

Trade, Japan, fading savings

The slowdown in imports could indicate a slowing domestic economy: Both exports and imports increased in October. Exports are up 18% compared to October 2020; imports are up 22% compared to October 2020. Japan not doing so well: Personal income and savings went up with the fiscal transfers, and now they’re fading:

Read More »

Existing home sales, new home sales, durable goods orders, consumer sentiment, personal consumption and income, tax receipts

Higher prices brought out a few more sellers: The blip up seems to have reversed: Softening: Looks like inventories have recovered: These largely involve buying intentions: Seems to be back on trend, without have ‘made up for’ the covid dip: The rate of growth is declining and has about settled back to the pre covid trend.The higher personal savings from the extra income from fiscal spending is largelyin the form of reduced personal debt: There’s a history of...

Read More »

CPI, commodity charts

Quite a few price increases, which the media now calls ‘inflation’ even though inflation is a continuous increase in the price level: The annual inflation rate in the US surged to 6.2% in October of 2021, the highest since November of 1990 and above forecasts of 5.8%. Upward pressure was broad-based, with energy costs recording the biggest gain (30% vs 24.8% in September), namely gasoline (49.6%). Inflation also increased for shelter (3.5% vs 3.2%); food (5.3% vs 4.6%, the...

Read More »

Employment, US oil production

Progress, but at a decelerating rate: The US economy added 531K jobs in October of 2021, the most in 3 months and above market forecasts of 450K as Covid-19 cases dropped and employers offered higher wages and more flexible hours. The biggest job gains occurred in leisure and hospitality (164K), in professional and business services (100K), in manufacturing (60K), and in transportation and warehousing (54K) while employment in public education declined (-65K). So far this...

Read More »