July 2018

June 2018

Consumer Confidence

The Consumer confidence index increased by 2.4 points in May according to the Conference Board. The index now stands at 128.0. Bloomberg reports that a strong job market influenced the views on the current state of the economy, as the labor market continues to post impressive gains and workers remain confident about their future. On [...]

Currency Report

The dollar Broad Index posted a reading of 97.95 for May, up 2.7% month on month. On a twelve moving average, (12MMA) year on year, (y/y) comparison, the dollar was down 1.6% against the Broad Index. Figure 1 shows the track of the Broad Index from 2000 to present. Year on year, the U.S. Dollar [...]

Automotive Sales

Data from the Bureau of Economic Analysis (BEA), shows that total light (cars and light truck/SUVs), vehicle sales in April were at a seasonally adjusted annual rate, (SAAR) of 12.346 million (M), units, down 55,000 units or 0.4% from March. Figure 1 shows the history of light vehicle sales (domestic plus imports), from 2010 to [...]

May 2018

Currency Report

The dollar Broad Index posted a reading of 95.2 for April, relatively flat month on month yet still close to its lowest level in since July of 2015. The rate of decline has moderated over the past month likely because of the FEDs indication that there will be three and perhaps four interest rate hikes [...]

Employment by Industry

For the month of April, there were good gains in both construction and manufacturing. The total number of seasonally adjusted (SA), non-farm people employed in the U.S. in April was 148.424 million (M), an increase of 0.11% month on month, (m/m). The SA service providing sector employed 127.865M people in April, up 115,000 jobs, 0.09% [...]

April 2018

Employment by Industry

In March there were good gains in both construction and manufacturing. The total number of seasonally adjusted (SA), non-farm people employed in the U.S. in March was 148.230 million (M), a relatively flat increase of 0.07% month on month, (m/m). Over the past 12 months the U.S. economy has added 2.261M jobs, or +1.6% for [...]