From the NY Fed: Empire State Manufacturing Survey Business activity continued to grow at a fairly brisk pace in New York State, according to firms responding to the July 2018 […]

On a monthly basis, retail sales increased 0.5 percent from May to June (seasonally adjusted), and sales were up 5.9 percent from June 2017. From the Census Bureau report: Advance […]

Weekend:• Schedule for Week of July 15, 2018 Monday:• At 8:30 AM ET, Retail sales for June will be released.  The consensus is for a 0.6% increase in retail sales. […]

Weekend:• Schedule for Week of July 15, 2018 Monday:• At 8:30 AM ET, Retail sales for June will be released.  The consensus is for a 0.6% increase in retail sales. […]

Weekend:• Schedule for Week of July 15, 2018 Monday:• At 8:30 AM ET, Retail sales for June will be released.  The consensus is for a 0.6% increase in retail sales. […]

According to NBER, the four longest expansions in U.S. history are: 1) From a trough in March 1991 to a peak in March 2001 (120 months). 2) From a trough […]

The key economic reports this week are June Housing Starts and Retail Sales. For manufacturing, June industrial production, and the July New York and Philly Fed surveys, will be released […]

From the Port of Long Beach: Port of Long Beach Sees Busiest Month Ever Container cargo volumes reached record heights at the Port of Long Beach last month, surging past […]

Note: This is the 14th year I’ve been writing this blog.  Sometimes it is fun to look back, especially at turning points.  Starting in January 2005, I was very bearish […]

From Merrill Lynch: We continue to track 3.8% qoq saar for 2Q. [July 13 estimate].emphasis added And from the Altanta Fed: GDPNow The GDPNow model estimate for real GDP growth […]