Steven Hansen | TalkMarkets | Page 4
Managing Partner at Econintersect LLC
Contributor's Links: Global Economic Intsersection
Steven Hansen, Publisher and Co-founder of Econintersect, is an international business and industrial consultant specializing in turning around troubled business units; consults to governments to optimize process flows; and provides economic indicator analysis based on unadjusted data and process ...more

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Residential Building Sector Near Expectations In September 2014
The unadjusted rate of annual growth for building permits in the last 12 months has declined from a channel between 25% and 40% to a channel under 10% growth.
Rail Week Ending 11 October 2014: Continued Strong Growth
Week 41 of 2014 shows same week total rail traffic grew according to the Association of American Railroads (AAR) traffic data. Rail growth this week continues to demonstrate an improving economy - and the rate of growth compared to the rolling averages one year ago accelerated.
October 2014 Philly Fed Business Outlook Index Declines Marginally But At Expectations
This is a very noisy index which readers should be reminded is sentiment based. The Philly Fed historically is one of the more negative of all the Fed manufacturing surveys.
September 2014 Industrial Production Growth Strengthens, Above Expectations
Manufacturing was up 0.5% this month (up 3.7% year-over-year), mining up 1.8% (up 9.1% year-over-year), and utilities were up 3.9% (up 0.9% year-over-year).
11 October 2014 Unemployment Claims Rolling Average Drops To Levels Not Seen Since June 2000
The market was expecting the weekly initial unemployment claims at 280,000 to 295,000 (consensus 290,000) vs the 264,000 reported.
October 2014 Beige Book: Economic Activity Rate Of Growth Unchanged
The consolidated economic report from the 12 Federal Reserve Districts (Beige Book) described economic growth continuing "at a pace similar to that noted in the previous Beige Book".
September 2014 Producer Price Inflation Continues To Be Moderate
The Producer Price Index inflation continued to be slight. In all events, the intermediate processing continues to show a moderation of inflation in the supply chain.
October 2014 Empire State Survey Fell Significantly But Remains In Expansion
The October 2014 Empire State Manufacturing Survey indicates that business activity grew modestly for New York manufacturers.
September 2014 Small Business Optimism Index Down, Below Expections
The National Federation of Independent Business's September 2014 monthly optimism index fell from 96.1 to 95.3. A decline in job openings and capital spending plans were primarily responsible for the decline.
VooDoo Economics And The Growing Percent Of Income For Necessities
Professor Krugman worries about a return to VooDoo economics - I worry about those who think the current economic system is working. Plus, the week's economic news.
ECRI's WLI Unchanged (10/3/14)
ECRI's WLI Growth Index is at the lowest level seen in almost one year.
Import And Export Prices Deflate In September 2014
Year-over-year import price deflated this month, whilst export price growth also deflated. Both oil price indices and food declined this month, but petroleum prices were the main driver.
Rail Week Ending 04 October 2014:Strong Recovery From Last Week's Soft Data
Rail growth this week continues to demonstrate an improving economy - and the rate of growth compared to the rolling averages one year ago accelerated.
Wholesale Sales And Inventories Soft In August 2014
The headlines say August 2014 wholesale sales decreased and inventories grew rather sharply - and our analysis shows the same. This data series is very noisy, and had been on a roller coaster of one good month / one bad month.
August 2014 JOLTS Projecting Good Jobs Growth, Job Openings Well Above Forecasts
The number of unadjusted Private jobs openings – which is the most predictive of the JOLTS elements – growth rate was improved from last month, and up from 19.3% to 24.9% from one year ago.
August 2014 CoreLogic Home Prices Up 6.4% Year-over-Year, Continued Moderation
CoreLogic's Home Price Index (HPI) shows that home prices in the USA in August 2014 are up 6.4% year-over-year (reported up 0.3% month-over-month).
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