by Administrator | Nov 23, 2018 | No Spin News
Both the Federal Reserve and the Trump administration were glad to see this number. The Fed because it allows them to continue with their current policy stance. The administration because it confirms their fiscal policy initiatives are having the desired effect....
by Administrator | Nov 22, 2018 | No Spin News
The size and the gain of employment were perfectly consistent with what we should expect at this part of the cycle. Think of this as Alabama covering a 30 point spread. For those of you not of a football persuasion, that last comment referred to the number one ranked...
by Administrator | Nov 20, 2018 | No Spin News
Much was made of this number going through 3%. We will want to see more than one such reading before getting on the bandwagon of higher wage growth. Especially when you compare the current reading to those in the later stages of the last three expansions. Subscribe...
by Administrator | Nov 19, 2018 | No Spin News
According to the GDP report, conditions are improving in the public sector. According to the employment report, there has been little forward progress. We will need more evidence to see which set of statistics is closer to reality. Subscribe now!
by Administrator | Nov 16, 2018 | No Spin News
Strong employment gains will be needed to keep this number at, or near, its current level. As the chart indicates, that has turned out to be very hard to do late in the Expansion phase of the business cycle. Subscribe now!
by Administrator | Nov 14, 2018 | No Spin News
The evidence we see about freight volumes and capacity utilization suggest that the pace of hiring should be faster. But we also need to mention that this category of employment only counts people who drive for trucking companies. If you drive a truck for your local...
