Nonfarm payrolls increased 206,000 in June, narrowly beating the consensus expected 190,000. Payroll gains for April and May were revised […]
The ISM Non-Manufacturing index declined to 48.8 in June, well below the consensus expected 52.7. (Levels above 50 signal expansion; […]
The trade deficit in goods and services came in at $75.1 billion in May, smaller than the consensus expected $76.5 […]
View from the Observation Deck One of the most common questions we field on an ongoing basis is the following: […]
In 1852, Karl Marx said “Men make their own history, but they do not make it as they please; they […]
Personal income rose 0.5% in May (+0.4% including revisions to prior months), versus a consensus expected 0.4%. Personal consumption rose […]
View from the Observation Deck For today’s post, we compare the delinquency rate on consumer loans issued by all U.S. […]
Real GDP growth in Q1 was revised higher to a consensus expected 1.4% annual rate from a prior estimate of […]
New orders for durable goods rose 0.1% in May (-0.3% including downward revisions to prior months), beating the consensus expected […]
New single-family home sales declined 11.3% in May to a 0.619 million annual rate, lagging the consensus expected 0.633 million. […]
View from the Observation Deck Today’s blog post compares the performance of energy-related stocks to the broader market, as measured […]
Back in the early days of COVID, there was one key indicator that signaled or predicted the high inflation ahead: […]
