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

August 2020 Economic Forecast - Some Improvement But The Pandemic Stopping Any Real Recovery
A recession ends when the economy begins to recover - and the economy is definitely recovering albeit still in contraction year-over-year.
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June 2020 Headline Personal Income Declined, Expenditures Improved
This month again there was a coronavirus bounce which reduced income and improved spending.
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Advance Estimate 2Q2020 GDP Drops Deeper In Contraction
The advance estimate for second-quarter 2020 Real Gross Domestic Product (GDP) is a negative 32.9%.
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Rail Week Ending Saturday, July 25 - Mixed Data But Still Deep In Contraction
Week 30 of 2020 shows same week total rail traffic (from same week one year ago) contracted according to the Association of American Railroads traffic data.
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S&P CoreLogic Case-Shiller 20 City Home Price Index May 2020 Year-Over-Year Growth Slows
The non-seasonally adjusted S and P CoreLogic Case-Shiller home price index (20 cities - although only 19 cities this month) year-over-year rate of home price growth declined from 3.9 % to 3.7 %.
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Rail Week 29- Improvement Continues But Still Deep In Contraction
The week ending June 18 of 2020 shows same week total rail traffic (from same week one year ago). Total rail traffic has been mostly in contraction for over one year.
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Comments

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

your comment in this context is spot on.

April 2017 ADP Job Growth Is 177,000 - Near Expectations
3 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
3 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 (10 years 7 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