U.S. Economic Muscle is Resilient

Monday 9/23/13:The Chicago Fed National Activity Index (CFNAI) It came in with an increase to +0.14 in August from -0.43 in July. Nice news. The index’s 3 month moving average (cfnai-ma3) increased to -0.18 in august from -0.24 in July, marking its sixth consecutive reading below zero. Augusts’ CFNAI-MA3 suggests economic activity was below its [...]

2013-09-27T15:20:08-04:00A View|

Good Economic News

Monday September 16, 2013 another tragedy in America 12 people murdered at the Navy Yard outside Washington, DC. The shooter was killed though now it is unlikely we will learn of his twisted motivation to commit such a cowardly act on innocent people. How did he get past security? He had a couple of firearm [...]

2013-09-20T20:30:02-04:00A View|

Cautious Optimism

US raw steel production last week rose 0.9 percent from the previous week as mills operated at an annual capability utilization rate (acur) of 78.1 percent. In the corresponding week last year mills operated at an ACUR of 70.4 percent. Thus far this year mils have operated at an ACUR of 77.2 percent down a [...]

2013-09-15T14:53:14-04:00A View|
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