Industrial Production / Capacity Utilization Jan 2023
Industrial production was unchanged in January (-0.4% including revisions to prior months), well below the consensus expected gain of 0.5%. […]
Industrial production was unchanged in January (-0.4% including revisions to prior months), well below the consensus expected gain of 0.5%. […]
Retail sales rose 3.0% in January (+2.9% including revisions to prior months), beating the consensus expected increase of 2.0%. Retail […]
View from the Observation Deck Today’s post compares the performance of consumer stocks to the broader market, as measured by […]
Markets have been volatile, with reports convincing many that the Fed is done hiking rates. But this week, we get […]
View from the Observation Deck As we come to the close of the 2022 earnings season, we thought it would […]
The trade deficit in goods and services came in at $67.4 billion in December, slightly smaller than the consensus expected […]
At the beginning of the season, not many predicted that the Philadelphia Eagles would be in the Super Bowl this […]
The ISM Non-Manufacturing index increased to 55.2 in January, well above the consensus expected 50.5 (Levels above 50 signal expansion; […]
Nonfarm payrolls increased 517,000 in January, easily beating the consensus expected 188,000. Payroll gains for November and December were revised […]
Nonfarm productivity (output per hour) increased 3.0% at an annual rate in the fourth quarter, coming in above the consensus […]
The Fed downshifted to a smaller rate hike to start 2023, but the job is far from done. As expected, […]
The ISM Manufacturing Index declined to 47.4 in January, lagging the consensus expected 48.0. (Levels higher than 50 signal expansion; […]
The US federal budget is on an unsustainable path…but not for the reasons that most people think. Yes, the national […]
