January 2014 Payroll Employment
We are getting closer to the previous peak.
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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Note: I added President Carter.
Important: There are many differences between these periods. Overall employment was smaller in the '80s, so a different comparison might be to look at the percentage change.†† ...
----- Monday, February 10th -----
No economic releases scheduled.
----- Tuesday, February 11th -----
7:30 AM ET: NFIB Small Business Optimism Index for February.
Here is the unofficial problem bank list for March 7, 2014.
Changes and comments from surferdude808:
Not many changes to report this week to the Unofficial Problem Bank List. After two ...
I'm still trying to get Quarter ending data from the FHA.
In their Q4 SEC filing, Fannie reported their Real ...
Of course this doesn't include population growth and new entrants into the workforce (the workforce has continued to grow), but reaching new highs in employment will be a significant milestone in the recovery.
The graph below shows both ...
[T]otal January exports of $192.5 billion and imports of $231.6 billion resulted in a goods and services deficit of $39.1 billion, up from $39.0 billion in December, revised. January exports were $1.2 billion more than December exports of $191.3 billion. January imports were ...
Total nonfarm payroll employment increased by 175,000 in February, and the unemployment rate was little changed at 6.7 percent, the U.S. Bureau of Labor Statistics reported today. ...
The change in total nonfarm payroll employment for December was revised from +75,000 to +84,000, and ...
Another great piece from Tim Duy at Economist's View: Fed Watch: Tapering is Sooo 2013
Bottom Line: Barring the ...
Nationally, asking home prices rose 10.4% year-over-year in February 2014, down slightly after peaking in November 2013. But the year-over-year change is an average of the past twelve months and therefore obscures the most ...