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

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February 2019 Sea Container Counts Indicating A Slowing Economy
The February year-over-year import/export container count growth was significantly weaker than last month, and year-over-year and year-to-date growth is now in contraction.
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January 2019 Headline JOLTS Job Openings Rate Of Growth Lower
There is a skills mismatch in the U.S. workforce - as job openings are higher than a number of unemployed people.
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February 2019 Headline Industrial Production Marginally Improved But Year-Over-Year Growth Declined
The headlines say seasonally adjusted Industrial Production (IP) improved month-over-month.
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March 2019 Empire State Manufacturing Index Declined
The Empire State Manufacturing Survey index declined but remains in expansion.
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Rail Week Ending March 2019: Fell Deeper In Contraction Year-To-Date
Week 10 of 2019 shows same week total rail traffic (from same week one year ago) contracted according to the Association of American Railroads (AAR) traffic data.
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March 2019 Initial Unemployment Claims Rolling Average Improved But Still Worse Than One Year Ago
Market expectations for weekly initial unemployment claims was 217 K to 225 K (consensus 225,000), and the Department of Labor reported 229,000 new claims.
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Comments

Latest Comments
January 2019 Beige Book: Reading Between The Lines - Rate Of Economic Expansion About The Same
2 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
4 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
11 months 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
1 year 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
1 year ago

your comment in this context is spot on.

April 2017 ADP Job Growth Is 177,000 - Near Expectations
1 year 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 2 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