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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Trucking Growth Mixed In January 2019
Headline data for truck shipments was mixed - with Cass saying the growth rate marginally contracted year-over-year whilst the ATA shows year-over-year growth rate is positive.
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January 2019 Import Price Year-Over-Year Inflation Now -1.7%
Year-over-year import prices and export prices again declined significantly. The decline in prices was not expected.
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February 2019 Empire State Manufacturing Index Improved
The Empire State Manufacturing Survey index improved and remains in expansion. Overall this survey remains near the lowest values seen in the last year.
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Rail Week Ending Saturday Feb. 9: Continued Soft Data
Week 6 of 2019 shows same week total rail traffic (from same week one year ago) insignificantly improved according to the Association of American Railroads traffic data.
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January 2019 Producer Price Final Demand Year-Over-Year Inflation Moderated
The Producer Price Index year-over-year inflation moderated from 2.5 % to 2.0 %.
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Retail Sales Growth Disappoints In December 2018
Retail sales was significantly slower according to US Census headline data. There is almost no year-over-year growth when one inflation adjusts the data.
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Comments

Latest Comments
January 2019 Beige Book: Reading Between The Lines - Rate Of Economic Expansion About The Same
1 month 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
3 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
10 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)

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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 1 month)
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