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

June 2021 Empire State Manufacturing Index Declines
The Empire State Manufacturing Survey index declined but remained in expansion.
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Rail Week Ending Saturday, June 5 - Moderate Slowing In Intuitive Sectors
Week 22 of 2021 shows the same week total rail traffic (from the same week one year ago) improved according to the Association of American Railroads (AAR) traffic data.
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May 2021 CPI: Year-Over-Year Inflation Continues To Heat Up
According to the BLS, the Consumer Price Index (CPI-U) year-over-year inflation rate was 5.0 % year-over-year (up from the reported 4.2 % last month).
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May 2021 Conference Board Employment Index: Historically Rapid Job Growth Expected In The Coming Months
The Conference Board's Employment Trends Index - which forecasts employment for the next 6 months - increased.
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Rail Week Ending Saturday, May 29 - May Rail Movements Up 28% Year-over-Year
Week 21 of 2021 shows the same week total rail traffic (from the same week one year ago) improved according to the Association of American Railroads (AAR) traffic data.
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May 2021 BLS Jobs Situation - Job Gains Good But On The Low Side Of Expectations
The headline seasonally adjusted BLS job growth was on the low side of expectations, with the unemployment rate worsening from 6.1 % to 5.8 %.
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Comments

Latest Comments
January 2019 Beige Book: Reading Between The Lines - Rate Of Economic Expansion About The Same
2 years 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
2 years 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
3 years 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
3 years ago

correct and the rolling averages slowed

Joe Sixpack's Situation In 2Q2017: The Average Joe Is Better Off
3 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
4 years ago

your comment in this context is spot on.

April 2017 ADP Job Growth Is 177,000 - Near Expectations
4 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
4 years ago

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

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Work Experience

Managing Partner
Econintersect LLC
March 2010 - Present (11 years 5 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