U.S. Economic Metrics

Job openings (JOLTS) economic data for the last 18 months has been consistently declining. This means there are less jobs per unemployed job seeker. It is a key metric for forecasting a p... [Read More]

The Non Farm Payrolls (Jobs Report) has stayed strong, surprising the stock market and economists. However, this can be misleading as it does not tell us the underbelly of what kind of jobs are ... [Read More]

While the Unemployment Rate remains near-historic lows, the U-6 Unemployment rate has been rising for nearly 18 months. U-6 unemployment are people that are under-employed. This means a w... [Read More]

GDP for the first quarter of 2024 fell sharply, coming in at 1.60% vs the expected 2.5%. The previous quarter (fourth quarter 2023) was 3.4%. This extremely sharp decline in GDP should be... [Read More]

The U-6 Unemployment report shows how many people are under-employed. Meaning they were cut from full-time to part-time or someone could only find a part-time job when they were looking for full... [Read More]

The US Non Farm Payrolls report continues to show a robust employment picture. However, we continue to see the government hiring a massive amount of employees and part-time work making up a grea... [Read More]

The Unemployment Report still sits at historic lows showing a labor market that is still solid. However, many are starting to question this report as it does not differentiate between part-time and... [Read More]

The Job Openings (JOLTS) data still shows there are more job openings than people looking for jobs. Note that this number is still elevated higher than historical levels where past recessions ha... [Read More]

PCE inflation data is the preferred metric for the Federal Reserve. While many will focus on CPI and PPI data, the Federal Reserve is said to focus on PCE. PCE has crept higher in the last few mont... [Read More]

ISM services and manufacturing PMI has been relatively weak for for some time. This may signal a slow down in the economy in the future. A number below 50 signals contraction. As of now, both numbe... [Read More]