Steven Hansen | TalkMarkets | Page 132
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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June 2015 Texas Manufacturing Survey Manufacturing Activity Continues To Contract For Fourth Month
The market expected -16.0 to -11.0 (consensus -13.5) versus the actual -6.5.
May 2015 Pending Home Sales Index At Highest Level In Nine Years - But NAR Warns Of Housing Price Bubble
The National Association of Realtors (NAR) seasonally adjusted pending home sales index again improved and is now at their highest level in over nine years.
Is That Giant Sucking Sound Productivity?
In the last few quarters, the USA has seen a fairly significant decline in headline productivity growth. Some have suggested there is a correlation to GDP...
Leading Index Review: May 2015 Philly Fed Leading Index Projects Economic Growth Now At 1.6%
This leading index is now forecasting growth at 1.6% over the next 6 months. A review of all major leading indicators follows - and no leading index is particularly strong.
Trucking Tonnage Index Recovers Partially In May 2015
The American Trucking Associations' (ATA) trucking index rose 1.1% following an upwardly revised decline of 1.4% in April.
20 June 2015 Initial Unemployment Claims Rolling Average Again Marginally Improves
The market was expecting the weekly initial unemployment claims at 270,000 to 275,000 (consensus 273,000) vs the 271,000 reported.
Rail Week Ending 20 June 2015: Just Another Bad Week For Rail
Week 24 of 2015 shows same week total rail traffic (from same week one year ago) contracted according to the Association of American Railroads (AAR) traffic data.
May 2015 CFNAI Super Index Continues To Show USA Economic Softness
The economy was growing insignificantly faster last month based on the Chicago Fed National Activity Index (CFNAI) 3 month moving average - but continues to grow below the historical trend rate of growth.
Here You Go Again - Deficit Spending Vs. Austerity
In general, most people advocating austerity as an economic tool see a country's economy similar to a business or household budget.
May 2015 Leading Economic Index Rate Of Growth Strongly Improves Again
The Conference Board Leading Economic Index (LEI) for the U.S. "increased sharply again" this month - but the authors believe the outlook is for more economic expansion in the second half of the year.
June 13, 2015 Initial Unemployment Claims Rolling Average Marginally Improves
The market was expecting the weekly initial unemployment claims at 265,000 to 280,000 (consensus 275,000) vs the 267,000 reported.
May 2015 Residential Building Sector Shows Strength In Multi-Family Housing
Residential building data continues to show relative strength - but this strength is in multi-family housing. The rolling averages are the best metric to view this series - and the rolling averages continue to accelerate.
June 2015 Empire State Manufacturing Index Unexpectedly Contracts
The Empire State Manufacturing Survey unexpected declined and is now in contraction. Key internals are in contraction.
Happy Days Are Here Again?
It seems the little noticed Job Openings and Labor Turnover (JOLTS) report this past week have a few believing happy days are here with record high job openings.
May 2015 Producer Prices Year-Over-Year Deflation Decreases
The Producer Price Index year-over-year deflation continued - but was marginally less than last month. The intermediate processing continues to show a large deflation in the supply chain.
Joe Sixpack's Situation In 1Q2015: Joe Is Better Off
A Federal Reserve data release (Z.1 Flow of Funds) for 1Q2015 - which provides insight into the finances of the average household - shows a modest improvement in average household net worth.
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