I should say a few more words about Wednesday’s update on job openings across the
Category: economy
One-To-One No More
There were considerably fewer open jobs across the US economy at the end of July
‘We’re Bringing Back Factory Jobs’!
Hiring. Tuesday’s update on America’s marquee gauge of manufacturing activity was all about hiring. Specifically:
No Bad News Allowed
It’s a big week on the macro front in the US, where traders will return
Services Inflation Revival Blemishes Otherwise Rosy US Macro Picture
Core inflation in the US was the briskest since February last month, according to BEA
Nothing Doing
No traction. None. That’s housing contract activity in America. We’re well on past broken record
US Economy Revised To Show Stronger Performance
Good job, Howard. The BEA, which one can only assume is every bit as beholden
In US Housing, A ‘Decisive Shift’
We’re witnessing “a decisive shift” in the US housing market. Specifically, it’s shifting decisively in
US Consumers Still Not Convinced ‘Tariff’ Is ‘Most Beautiful Word’
The good news is, consumer confidence in the US came in ahead of estimates in
New Construction Glut Weighs On Prices As US Housing Struggles Persist
Sales of partially prefabricated wooden boxes adorned on at least one side with a handsome,
Classic Boiling Frog
Unless Howard Lutnick intervenes to say otherwise, the BEA will probably tell Americans what they
Bury My FAIT At Jackson Hole
The last time the Fed reviewed its policymaking framework, they adopted a strategy which explicitly
Resale Housing Market Celebrates ‘Ever-So-Slight’ Improvement
Congratulations are in order. The perpetually beleaguered resale US housing market managed to show a
US PMIs Suggest Fed Should Be Hiking, Not Cutting
Well, good news and bad news from the preliminary read on services and manufacturing activity
US Jobless Claims Jump To Multi-Week High
For the recession spotters out there, US jobless claims rose the most since May in
US Home Prices Are Falling As Buyers Go Missing
Don’t look now, but US home prices — the bane of every American renter’s existence,
Distant Thunder
In a Tuesday article for The New York Times, Lydia DePillis described the US macro
No Traction In US Single-Family Home-Building
New construction activity picked up in July from June, the second of this week’s US
US Homebuilders Deeply Depressed As Incentive Use Soars
Homebuilder sentiment in the US is stuck in the dumps. Sorry. Let me rephrase. Builder
When You’re In A Hole
It’s Jackson Hole week. Write your own jokes. There are plenty. Almost all of them
Ice Kingdom
China’s suffering from mild deflation, but considering the challenging circumstances, the world’s second-largest economy held
Inflation Expectations Explode Higher, Consumer Sentiment Slumps
US consumer moods unexpectedly deteriorated early this month, when inflation expectations moved meaningfully higher. That’s
US Shoppers Unbothered, Apparently
Nominal spending in the US held up in July and a key underlying measure economists
Did The Levee Just Break?
We might need to fire another statistician. Wholesale price growth across the US economy ran
Tragicomic Punchlines
Until the US labor market turns — and that’s assuming the Trump administration lets it
September’s Burning Question
Hell, why not 50bps? That’s what Scott Bessent wants to know ahead of next month’s
Services Inflation Makes A Comeback In Otherwise Benign CPI Report
The first CPI report of the post-Erika McEntarfer era at the BLS conformed to expectations.
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