Somebody’s fired. Again. If Donald Trump was trying to send a message to the BLS
Category: economy
28 Weeks Later
I suppose the Donald Trump macro “golden age” quips are tired by now. If not,
Mighty American Services Sector Is A Good News, Bad News Story
How about some good news? Anybody interested in that? Not really? I didn’t think so.
US Labor Market Teeters As Jobless Claims Jump, Layoffs Rise
And the hits just keep on comin.’ Jobless claims in the US jumped to 237,000
Private Hiring Slows Again As US Employers ‘Whipsawed’
“Whipsawed by uncertainty.” That’s the US labor market in 2025. The description comes from ADP
When You Lose The Acyclical Jobs…
I should say a few more words about Wednesday’s update on job openings across the
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
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