AAR: March Rail Carloads and Intermodal Decreased Year-over-year by Calculated Risk on 4/07/2023 03:25:00 PM From the Association of American Railroads (AAR) Rail Time Indicators. Graphs and excerpts reprinted with permission by AAR to Bill McBride. Rail volumes today are being negatively influenced by broader economic trends, including slowdowns in industrial output, high inventory levels at many retailers, lower port activity, and...
Read More »Considering Environmental Topics Impacting Us Daily
I split these topics out from my other groupings of things found in my In-Box. I thought I would give it its own post as it considers environmental topics to include poverty, housing, nature, recycling, and business. All of which have an impact on the world we live in today. What is there is how people are thinking today and the results of their actions. I think I got it right. Maybe you think differently? Housing and Environment DIY ‘AirCrete’...
Read More »Media Rage versus Reality and Getting Fired from Fox News
This is relatively old news from almost a year ago. Old news about the media reporting versus reality. Politico carried an interesting article on the direction modern media is taking. The speculation regarding changes of staff and tone at CNN bring to mind the importance of ownership regarding media. There is another story here and one which I have adhered too over the years. Honesty and truthfulness. It may cost you over a short period of time....
Read More »April 8, 1865, U.S. Grant Having a Hard Night
April 8, 1865, Letters from an American, Prof. Heather Cox-Richardson On April 8, 1865, General Ulysses S. Grant was having a hard night. His army had been harrying Confederate General Robert E. Lee’s for days, and Grant knew it was only a question of time before Lee had to surrender. The people in the Virginia countryside were starving, and Lee’s army was melting away. Just that morning a Confederate colonel had thrown himself on Grant’s...
Read More »New Deal democrat’s Weekly Indicators for April 3 – 7
Weekly Indicators for April 3 – 7 at Seeking Alpha – by New Deal democrat My Weekly Indicators post is up at Seeking Alpha. Probably unsurprisingly, the big news this week was the effect of the revisions to the initial jobless claims data, and also the turning down of several sectors in the monthly jobs report. Anyway, as usual clicking over and reading will bring you up to the virtual moment as to the data, and reward me a little bit...
Read More »March jobs report: leading sectors turn down, pre-recessionary report still quite positive
March jobs report: leading sectors turn down in a pre-recessionary, but still quite positive, report – by New Deal democrat Unsurprisingly, my focus on this report, like the last few reports, was on whether residential construction jobs turned negative or not, whether manufacturing and temporary jobs continued on their downward trajectory, and whether the deceleration in job growth would be apparent. Some of the deceleration or decline...
Read More »Overdue Selection of Stuff from My In-Box
The Overdue Selection of Stuff from My In-Box. Some days are good at Angry Bear. Getting a background in how to run a Blog by myself at this time. Sometimes run out of ideas. Fortunately, I have good influx of articles hitting my In-Box daily. I recently cleaned out a couple of thousand emails going back a couple of years. Hoping Dan will get better and can join me. He was the brains and is the owner of Angry Bear. I just write or C&P . . ....
Read More »Stand Aside Millennials, Baby Boomer homebuying bonanza
Except for the beginning, mostly a copy and paste here. Housing is an issue in the U.S. There are not many appropriately priced house being built or used ones on the market. The same holds true for apartments. We have a lot of young families trying to figure out where to live. Then once they decide, they can not find the necessary housing much less the pricing they can afford. Now, I said it twice. Do you get the picture? The author has described...
Read More »February JOLTS report shows further relative weakening in the jobs market
February JOLTS report shows further *relative* weakening in the jobs market – by New Deal democrat The February JOLTS report showed a weakening in almost all important trends. The strongest component of the entire series has been job openings. I tend to place lower significance on this, because there is ample evidence that companies have “gamed” this metric either to build up a bank of resumes, or else to suggest that their growth is strong...
Read More »Both manufacturing and construction continue to contract
Both manufacturing and construction continue to contract – by New Deal democrat As usual, we start the month with data on last month’s manufacturing activity, and the previous month’s construction activity. This month, both were negative. The ISM manufacturing index, which has had an excellent record as a leading indicator for the past 75 years, declined to 46.3, its lowest level since the pandemic recovery began. The new orders index,...
Read More »