Change in Private Employment

Change in Private Employment

March 30, 2016 – The ADP employment report tracks private employment in the U.S. and is used to help predict the employment situation report from the Bureau of Labor Statistics.  The report is another measure in tracking trends in the labor market.  A strong and growing labor market is correlated with economic growth and expansion as people gain employment which …

S&P / Case-Shiller 20-City Index

S&P / Case-Shiller

March 29, 2016 – The 20-city S&P / Case-Shiller index is a measure of existing home values across 20 metropolitan areas throughout the U.S.  Home values have a broad impact on the economy, including the housing and consumer sectors.  A lack of supply in housing leads to an increase in home prices and can push a lot of buyers, such …

Consumer Spending and Personal Income

Consumer Spending and Personal Income

March 29, 2016 – Consumer spending makes up approximately two-thirds of the economy and is a direct measure of purchasing activity over the course of time.  We are able to see where consumers are spending their dollars, whether it be durable and nondurable goods, or on services.  An increase in consumer spending bodes well for the overall economy as corporate …

Real GDP Growth

Real GDP Growth

March 29, 2016 – GDP, or Gross Domestic Product, is the broadest and most well-known measure of economic activity within a country.  It is the market value of all final goods and services produced within a country over a certain time frame.  When totaling GDP, there are four components we look at:  investment, consumption, government spending, and net exports.  From …

Initial Claims

Initial Claims

March 24, 2016 – First time unemployment insurance claims are tracked by the initial claims report.  Claims are reported on a weekly basis and are used to help gauge conditions in the labor market.  Due to the volatility in reporting claims on a weekly basis, the 4-week moving average is used in determining trends.  Tracking initial claims tells us how …

Durable Goods

Durable Goods

March 24, 2016 – Durable goods orders, which are orders to buy products that are expected to last at least 3 years, is an indicator giving us an idea as to how busy factories will be in the near future.  The higher the amount of orders, the more manufacturers work to fill those orders.  As the name suggests, durable orders …

New Single-Family Home Sales

New Single-Family Home Sales

March 24, 2016 – New single-family home sales represent the number of brand new houses that were purchased or committed to being purchased over the course of a month.  This indicator provides insight into the demand for housing which has a significant impact on GDP and the overall economy.  New home sales require a house to actually be built, causing …