Managing Partner at Econintersect LLC
Contributor's Links: Global Economic Intersection

Steven Hansen, Publisher and Co-founder of Econintersect, is an international business and industrial consultant specializing in turning around troubled business units; consults to governments to optimize process flows; and provides economic indicator analysis based on unadjusted data and ... more

ALL CONTRIBUTIONS

September 2019 Empire State Manufacturing Index Little Changed
The Empire State Manufacturing Survey index marginally declined but remains expansion. Overall this survey remains below values seen in the last 2+ years.
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Headline Retail Sales Continues To Improve In August 2019
Retail sales improved according to US Census headline data. The three-month rolling average improved.
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August 2019 CPI: Year-Over-Year Inflation Rate Marginally Declines To 1.7%
According to the BLS, the Consumer Price Index (CPI-U) year-over-year inflation rate was 1.7 % year-over-year (lower than the reported 1.8 % last month).
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July 2018 Headline Wholesale Sales Improves?
The headlines say wholesale sales improved month-over-month with inventory levels very elevated. Our analysis shows a deceleration of the rate of growth for the rolling averages.
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August 2019 Producer Price Final Demand Year-Over-Year Growth Now 1.8%
The Producer Price Index (PPI) year-over-year inflation grew from 1.7 % to 1.8 %,
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August 2019 ADP Job Growth Is 195,000
ADP reported non-farm private jobs growth at 195,000 which was above expectations.
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Comments

Latest Comments
January 2019 Beige Book: Reading Between The Lines - Rate Of Economic Expansion About The Same
8 months ago

it depends how long the shutdown lasts - we are now in uncharted territory. Up to now, the effect is minimal

October 2018 Conference Board Consumer Confidence Modestly Improves
10 months ago

spending growth is relatively strong: econintersect.com/.../release.php

Note that in the advance 3Q2018 GDP - personal consumption expenditures was higher than 2Q.

it is income growth that is weakening.

February 2018 Headline JOLTS Job Openings Unchanged
1 year ago

Yah, indicators are moving in several directions - this may turn out to be a soft year after all.

August 2017 Headline Business Sales Improved
1 year ago

correct and the rolling averages slowed

Joe Sixpack's Situation In 2Q2017: The Average Joe Is Better Off
2 years ago

Absolutely - the lower end is just surviving from hand-to-mouth and this group is growing

April 2017 ADP Job Growth Is 177,000 - Near Expectations
2 years ago

your comment in this context is spot on.

April 2017 ADP Job Growth Is 177,000 - Near Expectations
2 years ago

this is a complex issue - i have a post which will be published on Saturday that details my position. most economists believe we are near full employment due to a demographic shift of the population [i do not but the demographic shift needs to be considered when using participation rates].

November 2016 Consumer Credit Headlines Say Year-Over-Year Growth Rate Accelerated
2 years ago

Agreed - to me it indicates that consumer spending growth is limited because of credit (especially with interest rates modest increase)

1 to 9 of 9 comments

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Steven Hansen Commented on January 2019 Beige Book: Reading Between The Lines - Rate Of Economic Expansion About the Same:

it depends how long the shutdown lasts - we are now in uncharted territory. Up to now, the effect is minimal

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Work Experience

Managing Partner
Econintersect LLC
March 2010 - Present (9 years 8 months)
Economic analysis for business.
President
Nesnah Associates Enterprises Limited
January 1995 - June 2010 (15 years 8 months)
Construction Contracting consultant, financial holdings, and yacht charters.

Education

California Polytechnic State University-San Luis Obispo
B.S.
1967 / 1971
Industrial Technology
San Luis Obispo High School
1964 / 1967

Publications