Jun
05

Developing Data

The most important pieces of monthly economic data at present are net job creation, change in total employment compensation, and the change in the amount of revolving credit outstanding. Job data tells us how quickly things are improving (slowly), compensation data tells us how much wage inflation is developing (none yet) and revolving credit growth (which has been dismal) tells us how eager households are to make discretionary purchases.

Share This Post
Facebook Twitter Email

Comments

  1. Since your blurb is only 70 words or so, why not put the entire blurb on the home page and save us from having to ‘read more’ and find where we left off reading on the home page. Other than that, enjoyable read. Thanks.

Speak Your Mind

*