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    • July 21 Week in Review: Retail, Real Estate, and Russians July 21, 2018
      When the President was asked about Russian interference in the 2016 Presidential election, with President Putin next to him, he said he did not see how it was Russia. He revised his comment to say that he meant to say that he could not see how it wasn't Russia. A double negative. It is hard […]
    • TDS: Trump De-Unemployment Syndrome July 19, 2018
      The weekly unemployment claims data used to be headline news at the bottom of the hour  most Thursdays during a stretch from 2008 through 2015. The "magic number" was 300,000 seasonally adjusted (SA) first-time unemployment (FTU) claims.  The non-seasonally adjusted (NSA) FTU claims peaked during January 2009 and tend to spike the first week of […]
    • June New Construction Data Still Improving July 18, 2018
      Real estate activity is an economic multiplier. New home home construction require construction workers, construction materials, new appliances, new furnishings, new landscaping, lenders, loan processors, appraisers, movers, painters, and a host of other retail needs and service needs. The same can be said regarding existing home sales. The Recession of 2008-2010 was more than one […]
    • June Record Weekly Wages Ignored.. July 17, 2018
      The June Jobs Report caught some people off-guard. The Current Employment Statistics (CES) worker data showed a huge spike in non-seasonally adjusted (NSA)workers. The Current Population Survey (CPS) data, NSA, recorded a huge spike in full-time jobs, a significant drop in part-time jobs, and a massive spike in U3 unemployed workers.  The unemployment rate edged […]
    • June Real Estate Forecast: Building Upward Momentum July 17, 2018
      New home sales and existing home sales are economic multipliers. New home construction generates jobs and retail sales.  The same can be said about existing home sales. Each sector has some seasonality.  If you examine the non-seasonally adjusted data trends can be observed and projections can be made based on normal month to month growth and […]
    • June Retail Data: Another Record Month July 16, 2018
      Last month there were considerable data revisions with the release of the May MARTS Retail Report.  The revisions were supposed to be limited in nature. The revisions were for all of the data from 2008 through April of 2017. There were revisions to the Sporting Goods, Hobbies and Books (SGHB)  data and the Electronics and […]
    • July 14 Week in Review: It's The Economy. July 14, 2018
      This week began where last week ended, with the June Jobs Report. How did we do during June with regard to wages, sector improvement, men and women finding work, people working multiple jobs? How did Mom, Dad, Grama, Grampa, and the grandchildren do finding jobs?(July 9) What is the real story regarding wages and workers? "June […]
    • June MARTS Down is Up, Really Up. July 13, 2018
      The annual sales have been growing, regardless of what those who follow the seasonally adjusted sales tell you. This column has provided information on the difference between seasonally adjusted and non-seasonally adjusted sales. The non-seasonally adjusted data has been growing while seasonally adjusted data have been slowing. What can we expect this month? Month to month sales […]
    • June Jobs Lacking for Teens, Pop-Pop Still Working July 13, 2018
      The June Jobs Report caught some people off-guard. The Current Employment Statistics (CES) worker data showed a huge spike in non-seasonally adjusted (NSA)workers. The Current Population Survey (CPS) data, NSA, recorded a huge spike in full-time jobs, a significant drop in part-time jobs, and a massive spike in U3 unemployed workers.  The unemployment rate edged […]
    • June CPI Commodity Deflation Again? July 12, 2018
      The June Consumer Price Index, or CPI, was published today and reported a rate of 2.9%. Was it that level? There are non-seasonally adjusted components and seasonal adjusted components. Once again we saw Service Inflation and Commodity deflation. Once again we saw Medical inflation, Energy Inflation, and Shelter Inflation.We saw Commodity Deflation and Service Inflation, Again.  […]