Steven Hansen | TalkMarkets | Page 2
Managing Partner at Econintersect LLC
Contributor's Links: EconCurrents
Steven Hansen, Publisher and Co-founder of EconCurrents, 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 process ...more

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S&P CoreLogic Case-Shiller 20 City Home Price Index May 2021 Year-Over-Year Growth Continues
All home price indices are now showing home price growth is continuing year-over-year. The pandemic has little affected home prices (or sales for that matter).
July 2021 Texas Manufacturing Index Marginally Improves
Of the four Federal Reserve districts which have released their July manufacturing surveys - all are in expansion.
July 2021 ECRI's WLI Growth Rate Decline Continues
ECRI's WLI Growth Index which forecasts economic growth six months forward was marginally declined but remains in expansion.
June 2021 Coincident Indices Generally Show Strong Growth
The year-over-year rate of growth of the majority of coincident indices slowed or was little changed relative to last month.
Rail Week Ending Saturday July 17 - Year-Over-Year Growth Slowing Compared To One Year Ago
Week 28 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.
June 2021 CFNAI Super Index Moving Average Index Slows
The economy's rate of growth decelerated based on the Chicago Fed National Activity Index (CFNAI) 3 month moving (3MA) average - and the economy is slightly above the historical trend rate of growth.
June 2021 Residential Building Growth Rate Continues To Slow
Headline residential building permits and construction completions rate of growth slowed. The rolling averages also slowed for both permits and construction completions.
May 2021 Business Inventories Remain Normal For Times Of Economic Expansion
Headlines say final business sales data (retail plus wholesale plus manufacturing) slowed month-over-month. The rolling averages improved.
June 2021 Headline Industrial Production Improves
The headlines say seasonally adjusted Industrial Production (IP) improved month-over-month - and remains in expansion year-over-year due to comparison to the recession period one year ago.
July 2021 Beige Book: Growth Continues To Improve
Based on the difference in wording from the last issue of the Beige Book, it appears the economy improved.
New York Fed Weekly Economic Index (WEI): Index Declined
The New York Fed's Weekly Leading Index (WLI) again marginally declined this past week. This index's trend is now beginning to decline based on the 13-week rolling average.
July 2021 Initial Unemployment Claims Rolling Average Continues To Modestly Decline
Market expectations for weekly initial unemployment claims were 320 K to 393 K (consensus 353 K), and the Department of Labor reported 373,000 new claims.
May 2021 CoreLogic Home Prices: Torrid Demand And Scarce Inventory Fuels Double-Digit Home Price Growth
Converging pressures of severe inventory shortages and sustained demand pushed home prices to record highs in May, with the year-over-year increase in home prices at its highest level since 2005.
May 2021 Trade Balance Worsens
Trade data headlines show the trade balance worsened with imports rising faster than exports.
June 2021 ADP Employment Grew 692,000
ADP reported non-farm private jobs growth of 692,000 which was within expectations.
June 2021 Texas Manufacturing Index Improves
Of the five Federal Reserve districts which have released their June manufacturing surveys - all are in expansion.
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