2008-03-07 US Economic Releases

Change in Nonfarm Payrolls (Feb) Change in Nonfarm Payrolls since 1980 Survey 23K Actual -63K Prior -17K Revised -22K Unemployment Rate (Feb) Survey 5.0% Actual 4.8% Prior 4.9% Revised n/a The longer term chart is definitely looking lower/weaker, but not yet at recession levels, and is not ‘population adjusted.’ This give the Fed no comfort […]

2008-02-01 US Economic Releases

Change in Nonfarm Payrolls (Jan) Survey 70K Actual -17K Prior 18K Revised 82K Last negative number was August – got revised up. Apart from the unrevised January number, the revised previous numbers don’t look too bad. (See following report.) Unemployment Rate Survey 5.0% Actual 4.9% Prior 5.0% Revised n/a Slight downtic. The Fed calls 4.75% […]

2008-01-04 US Economic Releases

Unemployment Rate (Dec) Survey 4.8% Actual 5.0% Prior 4.7% Revised n/a It comes from the household survey – been volatile. Change in Nonfarm Payrolls (Dec) Survey 70K Actual 18K Prior 94K Revised 115K Change in Manufacturing Payrolls (Dec) Survey -15K Actual -31K Prior -11K Revised -13K Payroll increases continue to decline modestly over time. The […]

2007-12-07 US Economic Releases

On 12/7/07, Karim Basta wrote: > > > NFP +94k > Net revisions -48k, with Sep revised from 96k to 44k (lowest mthly gain > since 2/04)But October revised up to 170,000, indicating Sep the low so far, and > improvement since then. And the Fed surely remember Sep 11 meeting > where the Aug […]