The Producer Price Index (PPI) rose 0.3% in July, coming in above the consensus expected +0.2%. Producer prices are up […]
View from the Observation Deck For today’s post, we looked back to 1990 and selected calendar years where inflation, as […]
The Consumer Price Index (CPI) rose 0.2% in July, matching consensus expectations. The CPI is up 3.2% from a year […]
View from the Observation Deck We update this post on an ongoing basis to provide investors with insight into the […]
The trade deficit in goods and services came in at $65.5 billion in June, slightly larger than the consensus expected […]
Nonfarm payrolls increased 187,000 in July, narrowly lagging the consensus expected 200,000. Payroll gains for May and June were revised […]
View from the Observation Deck For today’s post, we thought it would be informative to compare the rate of consumer […]
The ISM Non-Manufacturing index declined to 52.7 in July, below the consensus expected 53.1 (Levels above 50 signal expansion; levels […]
Nonfarm productivity (output per hour) increased 3.7% at an annual rate in the second quarter, easily beating the consensus expected […]
The ISM Manufacturing Index increased to 46.4 in July, lagging the consensus expected 46.9. (Levels higher than 50 signal expansion; […]
Austrians are different than Keynesians. Austrians think recessions are caused by government failure, while Keynesians think they are caused by […]
Personal income rose 0.3% in June (+0.4% including revisions to prior months), lagging the consensus expected +0.5%. Personal consumption rose […]