Tags » U.S. Economy

AUDUSD: Making new year lows

Past week, Australian retail sales came in below estimate at 0.3% versus 0.5% market estimates but higher than last month when retail sales came in flat. 204 more words


Where are the teenager workers? An answer to The New York Times.

In a recent article published by the New York Times, Patricia Cohen and Ron Lieber made a brief inquiry on youth employment during summer 2015. In their writing piece, Cohen and Lieber open two windows for interpretation about factors affecting teenagers’ employment during summer school break. 466 more words


The Persisting Slump In Factory Orders——‘Escape Velocity’ It Ain’t

By Jeffrey P. Snider of Alhambra Partners

While the payroll report commands almost all attention, the view from factory orders is simply much more significant. Even if we accept that payroll growth is steady at something greater than 200k per month, that is still at least two steps removed from actual economic activity as is intended from that same orthodox framework. 984 more words

GDP & Employment

Barack Obama Tells Another Whopper—He Did Not Create 12.8 Million Jobs

By David Stockman – Re-Blogged From http://davidstockmanscontracorner.com

America is better off when President Obama is out on the stump bloviating and boasting rather than in Washington actively doing harm. 1,141 more words

GDP & Employment

USDCAD: Setting a lower high and higher lows

Last week, the Bureau of Economic Analysis reported its final estimate of first-quarter US gross domestic product (GDP), suggesting that the US economy shrank 0.2%, a contraction less than expected. 209 more words