Econintersect LLC

The last quarter of the year is the strongest period for retail sales – all due to holiday gift giving.Reading the retail sales headlines – November’s seasonally adjusted retails...

Nobel Laureate Paul Krugman believes the economic argument over extending unemployment is a political one.Still, don’t expect prominent Republicans to change their views, except maybe to come up...

It is no secret that the minimum wage is too low. It puts literally all families below the poverty level if one works less than 40 hours per week.The US government poverty guidelines of the government...

I have yet to see a model of the economy which can project future dynamics including accurate projections of productivity, employment, inflation, earnings, peak anything, bubbles, social changes,...

One can tell from my posts over the last few months that I have become more bullish on the economy. Are things great? [expletive deleted] no!The year 2013 has been dogged by consumer expenditures...

I should wash my mouth out with soap for penning this headline – nobody should put any faith in surveys. But for the last three months, the surveys have been consistently and unanimously telling...

It came as little surprise that the Federal Reserve announced this past week that QE and ZIRP would continue unchanged. They put the blame squarely on Congress stating bluntly “fiscal policy is...

The pending home sales index for September was released by the National Association of Realtors (NAR) yesterday, and our analysis suggests that October existing home sales could be very bad.The...

There are “dots” appearing in economic releases confirming a growth cycle, and one particularly interesting “dot” because it is not sending strong signals on growth.Imports...

I enjoyed the Rasmussen Poll this week where 78% of those polled would vote to get rid of the entire Congress and start over again.I am an analyst without much to analyze due to the government...

With the government shut down, it is time to take another look at the stated sticking point to restarting the government – medical costs (aka Obamacare).So today’s post will be less...

It is time go look at a positive development of the government shutdown – no BLS Jobs Report on Friday. This report is dangerous in real time.The financial world holds its breath on the first...

Last week, the Census Bureau, as part of their 2012 American Community Survey, published median income data for 2012. One question comes to mind: Is income tax widening the income gap which is slowing...

At the beginning of each month, we focus on the monthly employment report produced by the Bureau of Labor Statistics (BLS). It is an employment report card – but where should this report card be...

Looking at the vehicle sales, at first glance it seems they have evolved from disastrous to almost fully recovering pre-recession levels.I continue to wonder what dynamic is driving this sales...

For a consumption based economy to grow, the median family spending money must continue to grow. The disposable income headlines misleadingly infer income is growing.There are facts, and then there...