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Today, the U.S. Census Department released its monthly New Residential Home Sales Report for June showing the third consecutive increase in sales of newly constructed single family dwellings bringing the seasonally adjusted annual sales pace to 384,000...
The following charts provide a simple comparison between the big stock bounce that occurred in the wake of the DOW crash of 1929 and the bounce we are seeing today in the S&P 500 index.
The method of alignment was simple… take the first definitive...
Today, the Bureau of Labor Statistics (BLS) released thier latest installment of the Mass Layoff Report showing continued weakness in nation’s job market with 2127 mass layoff events resulting in 217,182 initial unemployment claimants on a seasonally...
Subtitle: MA Unemployment … At The Peak?!
As I had noted in my original post, historically it has been very unusual for there to be more than a 1.5% difference (either more or less) between the unemployment rates if Massachusetts and Rhode...
Today, the Federal Reserve Bank of Philadelphia released the results of their Business Outlook Survey for November showing a slight increase in manufacturing activity with the current activity index still indicating expansion with a reading of...
Today’s results of the Conference Board’s Leading Economic Indicators showed another monthly increase climbing .3% compared to September bringing the annual increase to 4.22% and leaving the index at a level of 103.8.
On the face of it this is...