From the Association of American Railroads (AAR) Rail Time Indicators. Graphs and excerpts reprinted with permission. U.S. rail volumes in June weren’t close to where they would have been absent […]

The second graph is the so-called “scariest job chart” ever. That graph shows the percent job losses for all recessions since WWII. Joe Weisenthal at Bloomberg asked if I could […]

Black Knight released their Mortgage Monitor report for May today. According to Black Knight, 7.76% of mortgages were delinquent in May, up from 6.45% in April, and up from 3.36% […]

The June ISM Non-manufacturing index was at 57.1%, up from 45.4% in May. The employment index increased to 43.1%, from 31.8%. Note: Above 50 indicates expansion, below 50 contraction. From […]

These indicators are mostly for travel and entertainment – some of the sectors that will probably recover very slowly. The TSA is providing daily travel numbers. Click on graph for […]

Weekend:• Schedule for Week of July 5, 2020 Monday:• At 10:00 AM ET, 1the ISM non-Manufacturing Index for June.   The consensus is for a reading of 50.0, up from […]

The US is now conducting over 600,000 tests per day, and that might be enough to allow test-and-trace in some areas. Based on the experience of other countries, the percent […]

Note: The question on lost income is always since March 13, 2020 – so this percentage will not decline. From the Census Bureau: Measuring Household Experiences during the Coronavirus (COVID-19) […]

The US is now conducting over 600,000 tests per day, and that might be enough to allow test-and-trace in some areas. Based on the experience of other countries, the percent […]

This will be a light week for economic data. The focus will be on Job Openings and Weekly unemployment claims. —– Monday, July 6th —–10:00 AM: the ISM non-Manufacturing Index […]