Steven Hansen | TalkMarkets | Page 131
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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Rail Week Ending July 11, 2015: Back To Contraction
Week 27 of 2015 shows same week total rail traffic (from same week one year ago) contracted after expanding last week according to the Association of American Railroads (AAR) traffic data.
July 2015 Empire State Manufacturing Index Squeaks Into Expansion
The Empire State Manufacturing Survey improved enough to squeak into expansion. Key internals are in contraction.
May 2015 Business Inventories And Sales Continue To Be Soft
Unadjusted sales three month rolling average compared to the rolling average 1 year ago decelerated 0.8% month-over-month, and is down 2.6% year-over-year.
Import And Export Price Year-Over-Year Deflation Continues In June 2015, And Deflation Worse Than Expectations
Trade prices continue to deflate year-over-year - and deflation was worse than market expectations.
Jobs Growth Confirming What We Already Knew - The USA Economy Slowed
The jobs report is showing a slowing rate of jobs growth beginning in March 2015 - an economic lag of 2 months - and all subject to further revision.
July 3, 2015: ECRI's WLI Continues In Positive Territory Marginally Declining
ECRI's WLI Growth Index which had spent 28 weeks in negative territory - is now in its tenth week in positive territory and again marginally declined this week.
May 2015 Wholesale Sales Remain In Contraction With Elements Very Soft
The headlines say wholesale sales expanded year-over-year with inventory levels remaining at levels associated with recessions.
Rail Week Ending July 4, 2015: A Partially Positive Week For A Change
Week 26 of 2015 shows same week and same month total rail traffic (from same week and month one year ago) expanded according to the Association of American Railroads (AAR) traffic data.
July 4, 2015 Initial Unemployment Claims Rolling Average Again Marginally Worsens
The market was expecting the weekly initial unemployment claims at 260,000 to 290,000 (consensus 276,000) vs the 297,000 reported.
May 2015 Consumer Credit Growth Continues To Slow
The headlines say consumer credit growth did grow less than last month - and came in well under forecasts. Our analysis shows consumer credit growth rate is continuing to slow.
May 2015 CoreLogic Home Prices Year-Over-Year Growth Rate Now 6.3%. Home Price Growth Continues
CoreLogic's Home Price Index (HPI) shows that home prices in the USA are up 6.3% year-over-year (reported up 1.7% month-over-month).
Looking At Small Business Perceptions
Small and medium sized business historically create most of the new jobs when using ADP non-farm private employment data. A continuing take from the ADP data is that small and medium size business continue to be the employment driver.
Rail Week Ending June 27, 2015: Just Another Bad Month For Rail
Week 25 of 2015 shows same week and same month total rail traffic (from same week and month one year ago) contracted according to the Association of American Railroads (AAR) traffic data.
June 2015 ADP Job Growth At 237,000 - Above Expectations
ADP reported non-farm private jobs growth at 237,000. The rolling averages of year-over-year jobs growth rate for the last year has been has been marginally declining for the last 5 months suggesting there is seasonality issues.
July 2015 Economic Forecast: Partial Rebound From Last Month's Decline
The consumer portion of the economy continues to outperform the business sector.
Case-Shiller Home Price Index April 2015 Shows Home Prices Rising But Pace Not Accelerating
The non-seasonally adjusted Case-Shiller home price index (20 cities) year-over-year rate of home price growth was 4.9% - down insignificantly from last month's 5.0%.
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