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November Employment Report

Key Data Payroll: +228,000; Private: +221,000; Revisions: +3,000; Manufacturing: +31,000; Unemployment Rate: 4.1% (Unchanged); Wages: +0.2% In a Nutshell “Labor shortage? What labor shortage?” What It Means “The CEOs doth protest too much, methinks.” (Apologies to...

Retail Sales Back on the Rise in July

Key Data Sales: +0.6%; Non-Vehicle: +0.5%/ Imports: +0.1%; Nonfuel: -0.1%; Exports: +0.4%; Nonfarm: +0.3%/ NAHB: 68 (Up 4 points) In a Nutshell “The economy seems to be picking up steam, finally.” What It Means Economists have been saying, thinking and basically...

June Employment Report

Key Data Payrolls: +222,000; Private: 187,000; Revisions: +47,000; Unemployment Rate: 4.4% (up 0.1 percentage point); Wages: +0.2% In a Nutshell “Strong job gains, rising labor force and moderating increasing wages…what more could we want?” What It Means Well,...