ISM Non‐Manufacturing Index August 2023
The ISM Non-Manufacturing index rose to 54.5 in August, easily beating the consensus expected 52.5 (Levels above 50 signal expansion; […]
The ISM Non-Manufacturing index rose to 54.5 in August, easily beating the consensus expected 52.5 (Levels above 50 signal expansion; […]
The trade deficit in goods and services came in at $65.0 billion in July, smaller than the consensus expected $68.0 […]
Back in the 1980s, President Reagan took enormous political heat (Sam Donaldson comes to mind) for being fiscally irresponsible. His […]
The ISM Manufacturing Index increased to 47.6 in August, beating the consensus expected 47.0. (Levels higher than 50 signal expansion; […]
Nonfarm payrolls increased 187,000 in August, narrowly beating the consensus expected 170,000. Payroll gains for June and July were revised […]
Personal income rose 0.2% in July (+0.1% including revisions to prior months), lagging the consensus expected +0.3%. Personal consumption rose […]
Real GDP growth in Q2 was revised lower to a 2.1% annual rate from a prior estimate of and consensus […]
At the heart of our assessment of the stock market is our Capitalized Profits Model. That model takes economy-wide profits […]
New orders for durable goods fell 5.2% in July (-5.3% including revisions to prior months), lagging the consensus expected -4.0%. […]
New single-family home sales increased 4.4% in July to a 0.714 million annual rate, beating the consensus expected 0.703 million. […]
Existing home sales declined 2.2% in July to a 4.070 million annual rate, lagging the consensus expected 4.150 million. Sales […]
What’s going on with the markets and the economy? Long-term Treasury yields are up substantially since last Fall while the […]
