May 2014 Payroll Employment
After 76 months, we finally got back to the prerecession level of payroll employment.
Click on the image to get a bigger version.
The best summary of the state of our economy is the graph (below) of employment as a fraction of population for people over 16 years old. The decrease is large, but the most troubling feature of the graph is the flat trend .
Donald Marron likes European interest rates. Click on the image to get a bigger version. Can you find three distinct subperiods?
Brad DeLong favors the U.S. gdp gap.
Money Supply M1 growth is now over 20% per year over a 12 month lag. M1 growth has touched 20% before, but not with excess reserves of $1.6 trillion. Where is M1 headed?
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Towards the end of each year I collect some housing forecasts for the following year, and it looks like most analysts are optimistic for 2015.
Here is a summary of ...
For manufacturing, the November Dallas and Richmond Fed surveys will be released this week.
Here is the unofficial problem bank list for Nov 21, 2014.
Changes and comments from surferdude808:
The OCC provided an update on its latest enforcement action activity that resulted in several removals ...
Note: There were 25 selling days in November ...
Travel on all roads and streets changed by 2.3% (5.6 billion vehicle miles) for September 2014 as compared with September 2013.
Travel for the month is estimated to be 246.6 billion vehicle miles
Cumulative Travel for 2014 changed by 0.7% (16.7 ...
The Federal Reserve Bank of Kansas City released the November Manufacturing Survey today. According to Chad Wilkerson, vice president and economist at the Federal Reserve Bank of Kansas City, the survey revealed that Tenth District ...
Regional and state unemployment rates were generally little changed in October. Thirty-four states and the District of Columbia had unemployment rate decreases from September, 5 states had increases, and 11 states had no change, the U.S. Bureau of ...
Also the percent of loans in the foreclosure process declined further in October ...
After the deep freeze last winter, the labor market has steadily recovered over the last 10 months. Payrolls have averaged about 240,000 and the unemployment rate has dropped mainly for â€śgood reasonsâ€ťâ€”because of ...
It is important to remember that we can't directly compare single family housing starts to new home sales. For starts of single family structures, ...