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Earlier this week, Econintersect stated Retail Sales Came In Strong In July 2013. But some have reservations about the relative strength of retail sales in July.One analyst worried how much longer car...
Since the Jobs Report at the beginning of the month, pundits have been spewing over the inordinate employment gains of part-time workers – robbing the economy of the benefits of full-time...
Earlier this week, we issued our Economic Forecast August 2013: Economy Slowing To a Crawl.Our forecast was based on data from several sectors not expanding or in slight contraction. Then the Advance...
Almost a year ago, I penned Advancing Towards A World Without Jobs concluding that robotic technology will relentlessly eliminate jobs. Half a century ago futurists predicted a world to come where...
Cyberspace is full of data. Some of the data can be correlated across various sources with different interests, some of the data comes from one source but can be correlated within the data itself, and...
For the fourth month in a row, export container counts are contracting year-over-year – comparing same months in 2012 and 2013, and imports also contracted in June year-over-year.Economically...
This past week saw the release of consumer credit datafor May. At first I was surprised by the significant difference between the adjusted and unadjusted data.The adjusted data was suggesting consumer...
The majority of Americans may be financially and economically illiterate. Many have nothing, and likely will never have anything. Over 65% of American adults have a net worth under $100,000. In...
Our June 2013 Economic Forecast continues to say the economy will be expanding at a modest rate. The concern is that many portions of our economic model are barely positive, and even a small black...
Will the higher interest rates already being felt (supposedly caused by the Fed’s more definitive yet indefinite quantitative easing tapering announcement) kill the economy? This time Nobel...
I was intrigued by a graphic in a post on The Big Picture blog, and the question which accompanied this graphic: Is the era of consumer deleveraging, which began just prior to the start of the...
In China yesterday, the interbank short-term interest rate jumped more than 200 basis points to a new record of 8% annual rate for loans of one month and less. The central bank (People's Bank of China...
Who are the victims in the mediocre employment situation? It is not people over 55, women, Hispanics or the educated.Please note that the graphs below are indexed on the start date of the 2001...
I hear a lot about bubbles. I see potential bubbles in play, but let’s look at the data.Indexed GDP (blue line), Home Price Index (pink line), Disposable Personal Income (red line), and S&P...
Our analysis is better than the headlines. A quick recap to the April 2013 trade data released yesterday:Import growth has positive implications historically to the economy – and the seasonally...
Have you ever wondered why the recovery from the Great Recession is so weak? We hear a calliope of reasons including:too little investmenttoo small of government stimulustoo much debtBased on change...
Our June 2013 Economic Forecast continues to say the economy will be expanding at a modest rate. But indications of an expected growth spurt are still not showing up in the tea leaves.Main Street does...