Econintersect LLC

The difficulty filling positions that some employers are already experiencing can be seen in the rising number of unfilled job openings at the end of each month. The latest BLS survey reveals that...

There have been several posts over the past few weeks discussing college / university education. Goldman Sachs economist Jan Hatzius stated: [T]he faster job growth among college graduates is entirely...

For the second month in a row, both import and export container counts are contracting year-over-year – comparing same months in 2012 and 2013.Economically intuitive imports however are...

It continues to amaze me, the love affair between Wall Street and the Bureau of Labor Statistics (BLS) employment situation report – aka the Jobs Report. It is nearly a worthless data set in...

This week Personal Consumption data was released showing weak (but above expectations) growth.Since 2000 to the end of 4Q2012:Population grew 12.0%;Inflation 31.9% (using GDP deflator);Unadjusted GDP...

How many of the elderly live totally on social security benefits live better and better every year? It seems that social security is designed as a declining real benefit program. Yet the CBO in...

The headlines say the durable goods sector declined significantly in March. This analysis says the data is very soft if one ignores civilian aircraft. EconintersectAnalysis:new orders down 2.6%...

The inordinate growth of student loans – and its effect on the economy – is killing consumption (autos) and the housing sector. This is no short term dynamic, but will effect the economy...

Last month, container counts were showing a significant surge (in imports and exports) – suggesting that economic growth MAY actually be showing signs of life. What a difference one month...

The headlines say Industrial Production (IP) improved 0.4% in March 2013 and up 3.5% year-over-year. Econintersect‘s analysis using the unadjusted data is that IP was also showed improvement at...

The Federal Reserve’s FOMC meeting minutes were released earlier this week indicating many (few, majority, most, all?) members were leaning towards terminating some aspects of the current...

This week, Marc Faber (aka Dr. Doom) stated on CNBC: I don’t think the market is as overbought as it was in ’87, so I don’t expect a crash. But I think for the time being, the market...

Last week, my weekend “think piece” showed that the unadjusted data was not (yet) confirming an economic expansion. This week I shift to Econintersect‘s economic forecast which was...

The Federal Reserve’s FOMC believes the economy’s rate of expansion is improving. It is not that the economy MAY be expanding at a faster rate – but the evidence is mixed to negative...

Residential building permits and construction completions in February 2013 continues to show the industry growth. The data, however, is weaker than previous months.Our analysis paints a “less...

You should be concerned with those who claim debt is subsiding, and therefore the government should continue high spending to stimulate the economy. Paul Krugman in a New York Times Op-Ed stated: But...