Instantaneous Core Inflation | Econbrowser
[ad_1] Shocker in PPI: 0.9% vs. 0.2% m/m consensus: Figure 1: Instantaneous inflation for core CPI (blue), core PCE deflator (green),
Business Cycle Indicators w/Monthly GDP
[ad_1] SP Global’s monthly GDP series is up (with prediction of flat GDP in Q3): Figure 1: Nonfarm Payroll from CES (bold
“America in Recession since 2022? A Critique of Antoni-St. Onge”
[ad_1] A paper (Nov. 2024) (first version Oct. 2024): Downloadable data used in the paper here [xlsx]. This paper is a rebuttal
“Trump’s pick for BLS commissioner suggests suspending the monthly jobs report”
[ad_1] From CNN today: “Until it is corrected, the BLS should suspend issuing the monthly job reports but keep publishing the more accurate, though less
Import Sensitive CPI Components, Core PCE Nowcast Rise
[ad_1] From the CPI release today: Figure 1: CPI all urban (bold blue), CPI – household furnishings and operations (tan), CPI –
CPI Print Tomorrow | Econbrowser
[ad_1] Bloomberg, Truflation at 2.8% y/y; Cleveland Fed at 2.72%. Figure 1: CPI-all (bold black), Cleveland Fed nowcast (red triangle), Bloomberg consensus,
Trump Nominates EJ Antoni to BLS Commissioner
[ad_1] From CNBC: “I am pleased to announce that I am nominating Highly Respected Economist, Dr. E.J. Antoni, as the next Commissioner of the Bureau
Banking on Data Center Investment
[ad_1] Let’s hope capex investment in data centers is sustained. Figure 1: Nonresidential fixed investment (blue) GDPNow of 8/7 (light blue square),
Guest Contribution: “Cryptocurrencies and the political economy of money”
[ad_1] Today we are pleased to present a guest contribution by Mark Copelovitch (University of Wisconsin – Madison) and Thomas Pepinsky (Cornell University). Are cryptocurrencies viable as
Stock Market Capitalization ex-Magnificent 7
[ad_1] Courtesy of Ed Yardeni: Source: Yardeni as edited by Chinn. In terms of assessing how the general economy is responding to