What Exactly Is the ISM Manufacturing PMI?
A Common Question About an Important Economic Report When I saw today’s headline that the ISM Manufacturing PMI rose to […]
Economic Journal
Economic Journal
My daily take on what is going on in the economy.
Economic Journal
Two Economies — And Who Is Doing The Spending?
Consumers are still spending money, but today’s reports raise questions about where that spending is coming from. If you walked
Economic Journal
Two Economies Continue To Tell Two Different Stories
Today’s economic reports suggest the economy remains stable in some areas while many consumers quietly grow more cautious financially. Despite
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Consumers Seem Stuck Between Two Economies
One consumer report reflects growing financial stress. Another remains a forward-looking indicator for jobs, hiring, and overall economic stability. This
Economic Journal
Consumers Are Becoming More Careful
What the Michigan Consumer Sentiment Survey May Be Telling Us About the Economy The latest University of Michigan Consumer Sentiment
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Housing Starts Slow as Higher Rates Continue to Pressure Consumers
Why Many Americans Are Becoming More Careful About Major Financial Decisions The latest housing starts report may not have received
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Higher Rates, Bigger Decisions
Why Consumers Are Becoming More Cautious Federal Reserve meeting minutes released this week reinforced growing concerns that inflation may remain
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What’s Happening Nationally May Not Match Your Local Housing Market
Regional Housing Trends Continue Varying Across the Country National housing reports often focus on broad averages, but for buyers and
Economic Journal, Featured Reads, Food for Thought
Existing Home Sales Report Coming Tomorrow
Regional Housing Trends May Tell the Bigger Story Tomorrow’s Existing Home Sales report may provide a much different picture depending
Economic Journal
A Helpful Explanation of Consumer Sentiment
Why How Consumers Feel About the Economy Matters One of the more interesting economic reports released each month is the