FMI’s analysis of this morning’s January Employment and January Vehicle Sales results.
FMI’s analysis of this morning’s December Industrial Production report (also attached as a PDF) plus our reviews of this morning's January NY Fed’s Business Leaders Survey, a regional services measure, and the January NAHB Housing Index.
FMI's look at December Vehicle Sales.
FMI’s commentary on higher minimum wages in many states starting in January.
FMI’s analysis of today’s December PMI and November Construction reports.
Japan’s firms, particularly its 5,000 largest firms, have mastered the art of producing growth in profits without growth in sales. They’ve done this by cutting costs, particularly labor costs.
Japan-watchers got very excited because core private machinery orders in October were up 10% on a month-on-month basis, However, the monthly movements in orders have very large gyrations, even though the most volatile elements are removed from core orders. Bottom line: core orders could be a genuine “green shoot,” or one month’s surprising number may be misleading us.
Data Round-Up: Regionals Show Solid Services, Some Mfg Improvement in 15Q2; Home Price Gains Healthy
FMI’s analyses of this morning’s June Chicago PMI and other Regional Business Surveys and April Home Prices data.
FMI’s analysis of this morning’s March Durable Goods Orders report.