Retail Sales July 2022
Retail sales were unchanged in July (+0.3% including revisions to prior months). The consensus expected a gain of 0.1%. Retail […]
Retail sales were unchanged in July (+0.3% including revisions to prior months). The consensus expected a gain of 0.1%. Retail […]
Industrial production increased 0.6% in July (+0.4% including revisions to prior months), beating the consensus expected gain of 0.3%. Utilities […]
View from the Observation Deck 1. All three S&P stock indices in the table above recently shifted from bear market […]
Housing starts declined 9.6% in July to a 1.446 million annual rate, well below the consensus expected 1.527 million. Starts […]
View from the Observation Deck 1. The yield on the 10-year Treasury note (T-note) closed at an all-time low of […]
The Producer Price Index (PPI) declined 0.5% in July, coming in well below the consensus expected +0.2%. Producer prices are […]
The Consumer Price Index (CPI) was unchanged in July, below the consensus expected +0.2%. The CPI is up 8.5% from […]
View from the Observation Deck 1. Today’s blog post illustrates the wide disparities that often exist between the annual price […]
Nonfarm productivity (output per hour) declined 4.6% at an annual rate in the second quarter, matching consensus expectations. Nonfarm productivity […]
With the Senate having passed a budget plan yesterday with only Democratic votes as well as a tie broken by […]
Nonfarm payrolls increased 528,000 in July, easily beating the consensus expected 250,000. Payroll gains for May and June were revised […]
View from the Observation Deck 1. Today’s blog post compares the performance of consumer stocks to the broader market, as […]