Could’ve been worse? That’s a question. I’m not sure of the answer. The preliminary read
Category: economy
The BEA’s Open!
The BEA’s open. Hooray! After a lengthy blackout brought on by the longest US government
Melting Jobs Market Mocks Trump’s ‘Golden Age’ Narrative
How seriously should we take alternative measures of the world’s most important macro readout? That
Hiring Plans Lowest in 15 Years As Christmas Hires Plunge
Last month, one unfortunate soul with tens of thousands of social media followers took it
2025 Becomes Fifth Worst Year Ever For US Job Cuts
For just the third time since 2008, US firms announced more than 70,000 job cuts
Small Businesses Turn On GOP With 120,000 Mass Layoff
A year ago, Donald Trump’s presidential second coming triggered the largest increase on the marquee
Stagflation Mercifully Eases Across Vast US Services Sector
When all else fails — as it appears to be currently — you can always
Trump Loses The Labor Market
Donald Trump just lost it. The US labor market, I mean. Sure, you could argue
American Manufacturing’s ‘Forever Recession’ Rolls On
Another month, another lackluster read on the US manufacturing sector which, according to Donald Trump,
Business As (Un)usual
It’s jobs week in the US. Sort of. In the normal course of business, the
‘Just Forget It’: US Home Sellers Are Giving Up
You know what? Forget it. That’s what scores of American home sellers said in September,
What Layoffs?
Don’t look now — seriously, don’t, because it’s immaterial to pretty much everything including and
Consumer Confidence Collapses Second-Most In Four Years
Consumer confidence among American households crumbled in November, according to a highly unfortunate read on
More Bad Jobs Data Puts Fed Doves In Charge
“Curtailed.” That’s job creation among private sector employers in the US, and that’s not my
Spending Tepid, Wholesale Prices Mixed In Delayed US Data
Retail sales in the US rose at just half the expected pace in September, and
College Fails America
There was a time when a four-year college degree virtually guaranteed you a job, and
Wampanoag Week 2025
Should’ve let ’em die. Hindsight’s 20/20, but my goodness did Ousamequin make a mistake 400
The October CPI Report Is Officially Canceled
Remember when Donald Trump was bound by statute to publish inflation data? No? Me neither.
The Worst Consumer Sentiment Report Ever
Good news! The marquee gauge of consumer sentiment in the US improved in the final
Fed Doves Get Nothing As US Economy Seen ‘Buoyant’
“Relatively buoyant.” That’s the US economy, according to S&P Global, which on Friday released preliminary
‘It’s Only A Buyer’s Market If You Can Afford To Buy’
Existing home sales in the US were — how should I put this? — very
Delayed Jobs Report Leaves December Fed Question Unanswered
The US economy added more than twice as many jobs as expected in September after
Trump Nixes October Jobs Report
Oh, good: A teachable moment for a political scientist in a room full of macro-market
US Private Sector Is Still Losing Jobs
I feel like I should introduce this brief update with a reminder: We’re getting weekly
Wage Growth Goes K-Shaped
When we talk about (complain about) America’s so-called “K-shaped” economy in the post-pandemic era, we
World’s Most Important Macro Release Returns
The newly-reopened US government will release two-month-old employment figures this week. I’d suggest no one
Crocodile Tears For Main Street
It’s rough out there, where “out there” means Main Street in America. Hell, in some
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