Economic Data Sources: A Compendium [updated]
[ad_1] When a purported data analyst says something strange, who you gonna call? General St. Louis Fed FRED economic database Thousands of time series on economic
EJ Antoni/Heritage Foundation: “some suspect government statisticians are committing lies of omission.”
[ad_1] And could it be that Ancient Aliens helped build the Pyramids? Sure! EJ Antoni links to article noting Senators Roger Marshall (R-KS), Ted Budd
For Labor Day 2024: Four Graphs from “The State of Working Wisconsin, 2024”
[ad_1] On this blog, I intermittently post on Wisconsin macro aggregates. For micro assessments of Wisconsin’s labor markets and household welfare, I turn to High
It’s Almost as If Some People Were Rooting for Recession
[ad_1] EJ Antoni (Heritage) is dubious about GDPNow’s (and other nowcasts) regarding Q3 growth. From X aka Twitter today: Latest Q3 Nowcasts: ATL 2.5% (2.0%
Big Mac Nation in Recession?
[ad_1] Actually, no — but perhaps a fast food nation in recession. In arguing that output is mismeasured, so much so we’ve been in recession
Instantaneous Core PCE at 2.2%
[ad_1] M/M Core PCE inflation at consensus. Figure 1: Instantaneous inflation for core CPI (blue), chained core CPI (tan), supercore CPI (pink), PPI core (red), and
More on the Preliminary Benchmark in Context
[ad_1] Recall the preliminary benchmark deduced 818K from the March NFP reading. Figure 1: Level of nonfarm payroll employment from CES (blue), implied from CES preliminary
Business Cycle Indicators as of August’s End
[ad_1] July nominal consumption growth at consensus (+0.5%). Month-on-Month annualized real consumption growth at 4.5%, with June revised up from 2.6% to 3.2%. Moreover, annualized
“we never left the recession of March 2020 and … everything has been getting gradually worse”
[ad_1] I subtitle this post “The Shadow of ShadowStats” which is now offline and available only by subscription. Referring to under-estimated inflation, Peter St. Onge
GDP 2nd Release for Q2
[ad_1] Revised up 0.2 ppts, 0.2 ppts above consensus. Final sales up 0.2 ppts. GDO rises 2.1% q/q SAAR. Figure 1: GDP (bold black), GDO