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Steven Hansen

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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September 2014 Conference Board Employment Index
Monday, October 6, 2014 12:55 PM EDT
The Conference Board’s Employment Trends Index for September 2014 – which forecasts employment for the next 6 months – again strengthened.
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Rail Week Ending 27 September 2014: Comparatively A Slow Week
Monday, October 6, 2014 6:20 AM EDT
Week 39 of 2014 shows same week total rail traffic grew according to the Association of American Railroads (AAR) traffic data.
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Low Employment Levels Blamed For Weak GDP Growth
Saturday, October 4, 2014 7:57 AM EDT
Without improvement in the participation rates (or employment-population ratio), there seems little to drive the economic growth rate higher.
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September 2014 ISM Services Index Insignificantly Declines
Friday, October 3, 2014 5:08 PM EDT
The September 2014 ISM non-manufacturing (aka services) index continues its growth cycle, but insignificantly declined from 59.6 to 58.6.
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26 September 2014: ECRI's WLI Insignificantly Declines
Friday, October 3, 2014 2:54 PM EDT
ECRI's WLI Growth Index insignificantly declined , remaining in positive territory being range bound around 2.0 - and forecasting little growth over the next six months.
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August 2014 Trade Data At Expectations, No Evidence Of Economic Spurt
Friday, October 3, 2014 11:27 AM EDT
A quick recap to the August 2014 trade data released today again shows a mixed picture – with the unadjusted data saying import rolling averages decelerated month-over-month whilst exports accelerated.
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BLS Jobs Situation Strong In September 2014
Friday, October 3, 2014 10:02 AM EDT
The September 2014 BLS jobs report headlines were strong. The unadjusted data also paints a strong picture of job growth this month. Last month's weak report has been revised upward from soft to moderately good.
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August 2014 Manufacturing Declines In Comparison To The Spike In The Previous Month's Data
Thursday, October 2, 2014 12:21 PM EDT
The Federal Reserve’s Industrial Production and the US Census agree that August was worse than July.
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27 September 2014 Unemployment Claims Rolling Averages Improves
Thursday, October 2, 2014 9:10 AM EDT
The market was expecting the weekly initial unemployment claims at 285,000 to 311,000 (consensus 297,000) vs the 287,000 reported.
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Construction Spending Growth Disappoints In August 2014
Wednesday, October 1, 2014 1:36 PM EDT
The weakness this month is attributable to a decline in private sector construction from the high levels of growth seen so far this year.
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September 2014 ADP Job Growth At 213,000
Wednesday, October 1, 2014 10:50 AM EDT
ADP reported September 2014 non-farm private jobs growth at 213,000 – the sixth straight month of job gains above 200,000. This should be considered a strong report.
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October 2014 Economic Forecast: Marginal Improvement In Rate Of Growth
Tuesday, September 30, 2014 4:10 PM EDT
Our October 2014 Economic Forecast continues to show a stable and growing economy – with a marginally better growth than last month. All portions of the economy outside our economic model - except housing - are showing expansion.
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Case-Shiller Home Prices July 2014: Price Growth Continues To Slow, Growth Rate Again Well Under Expectations
Tuesday, September 30, 2014 11:00 AM EDT
The non-seasonally adjusted Case-Shiller home price index (20 cities) for July 2014 (released today) rate of growth again declined sharply but still shows reasonable year-over-year gain in housing prices.
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Leading Index Review: August 2014 Philly Fed Leading Index Growth Rate Marginally Declines
Monday, September 29, 2014 5:34 PM EDT
The July forecast now shows growth is projected at 1.5% over the next 6 months - a slowing pace of growth trending over the last group of releases.
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August 2014 Pending Home Sales Soft, Remains In Contraction Year-over-Year
Monday, September 29, 2014 10:55 AM EDT
Even though this was a soft month, the current trends (using 3 month rolling averages) improved from the rolling averages one year ago in pending home sales - but continue to be in contraction.
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Economic Forecasts Are Not Showing The Economy Will Accelerate
Saturday, September 27, 2014 3:25 PM EDT
Am I certain the economy will not accelerate shortly? No. But at least there is basis for saying it will not
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