by Robert Dieli | Jul 26, 2013 | No Spin News
As we enter the fifth year of the current expansion, controversy continues to rage over its viability. In this piece we touch on some of the reasons why. In every phase of every business cycle, forecasters of the process of phase change, whether it be from expansion...
by Robert Dieli | Sep 14, 2012 | No Spin News
In an earlier post we showed you an indicator from the Establishment Survey with an impeccable record of indicating where we should look for business cycle turning points. Here’s one from the Household Survey that meets the same standard. We recently showed you...
by Robert Dieli | Sep 14, 2012 | No Spin News
The monthly employment report is actually two employment reports. One covers payroll employment, the other household employment. The Unemployment Rate comes out of the household survey. Interpreting changes in that number requires careful examination. The Bureau of...
by Robert Dieli | Sep 14, 2012 | No Spin News
There is a wealth of information in the monthly jobs report. One of the most useful pieces is the year-over-year percent change in Nonfarm Payroll employment. This statistic can tell us a lot about where we are in the business cycle. Here at RDLB we are all about...
by Robert Dieli | Sep 14, 2012 | No Spin News
One of the most important pieces of economic information to appear each month is the level of Nonfarm Payroll employment. It is also one of the most misunderstood and misinterpreted statistics out there. On Friday September 7, the Bureau of Labor Statistics released...