Topping historical trends

Led by gains in employment and production related indicators, the Chicago Fed National Activity Index (CFNAI) increased to +0.60 in November from -0.07 in October. Topping a historical trend The index’s three month moving average (CFNAI-MA3) increased to +0.25 in November from +0.12 in October, marking its second consecutive reading above zero and its highest [...]

2013-12-27T21:30:23-05:00A View|


New orders for manufactured goods in September, up following two consecutive monthly decreases, increased 1.7 percent. Excluding transportation, new orders decreased 0.2 percent. New orders for manufactured durable goods in September, up five of the last six months increased 3.8 percent. Shipments of manufactured durable goods in September, up two consecutive months, increased 0.4 percent. [...]

2013-11-08T21:10:20-05:00A View|

Largest Barometer Advance in 30 Years

Some of last week’s economic data include: Businesses managed to create a meager 148,000 jobs in September, which includes an increase of 22,000 government jobs. We are just whizzing along aren’t we? The unemployment rate ticked down to 7.2% but an estimated 136,000 people dropped out of the labor force in the month…these people who [...]

2013-11-01T17:26:58-04:00A View|
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