Car sales, ISM Services, Atlanta Fed, energy recession chart
Low and slipping: GDP tracking at 0:
Low and slipping: GDP tracking at 0:
Private payrolls are reported down by about 23.5 million employees: “While there are numerous theories as to why economists were so far off, one explanation was widely discussed on Friday. The jobless claims data and the ADP private payrolls report … Continue reading
Imports and exports both decelerating: Still in contraction:
Looks like another small decrease as the deceleration continues: Vehicle Sales Forecasts: Sales to be Over 17 Million SAAR again in June By Bill McBride June 24 (Calculated Risk Blog) — The automakers will report June vehicle sales on Friday, … Continue reading
Looks to me like it’s still decelerating? From the American Chemistry Council: Chemical Activity Barometer Continues Solid Growth in June; Signals Higher U.S. Business Activity Through End Of The Year Read more at http://www.calculatedriskblog.com/#fcgmQuzJH31oFHbc.99 Wage ‘pressures’ indicators, after all this … Continue reading
Reads like we are already in recession… Recession Warnings May Not Come to Pass Jan 24 (WSJ) — Every U.S. recession since World War II has been foretold by sharp declines in industrial production, corporate profits and the stock market. … Continue reading
This shows how private sector credit deceleration is associated with recessions. It’s about the need for those spending more than their incomes to offset those spending less than their incomes. And most often private sector deficit spending decelerates some time … Continue reading
Another weak export report. No mention of the drop in oil prices reduced foreign incomes. LA area Port Traffic: Weakness in June by Bill McBride on 7/20/2015 09:57:00 AM Note: There were some large swings in LA area port traffic … Continue reading
This index signaled a recession in 2012 which didn’t happen so it’s been discredited. This time the deficit is a lot lower telling me it’s a lot more likely to happen.
See charts Must be reading my blog ;) Economy Knocking At Recession’s Door