Employment

Change in Nonfarm Payrolls

March 10, 2017 – The Employment Situation gives the most comprehensive look at the labor market in the U.S. This report tracks new jobs, additions or subtractions from the labor force, the unemployment rate, as well as average hourly earnings and hours worked.  There are implications for consumer purchasing power, spending on goods and services, and productivity. The labor market …

Imports and Exports

Imports and Exports

March 9, 2017 – Import prices tell us the cost of products that are produced abroad and purchased in the U.S., while exports are goods produced in the U.S. but purchased abroad. Import prices in February rose 0.2%, but with prices down 0.4% compared to January’s upward revision of 0.6% (+0.2%).  Prices are up 4.6% year-over-year.  This was in line …

International Trade Balance

International Trade Balance

March 7, 2017 – The International Trade Balance looks at the U.S. Economy’s transactions with trading partners around the world for goods, services, income, and financial claims on liabilities. It is the major indicator for foreign trade and has implications for the net exports portion of GDP. A positive trade balance represents more exports than imports while the opposite is …

ISM Nonmanufacturing

ISM Nonmanufacturing

March 3, 2017 – The ISM Nonmanufacturing Index helps determine overall conditions in the services sector.  Components evaluated are employment, business activity, new orders, and supplier deliveries.  The nonmanufacturing sector represents a much larger share of the overall U.S. economy when compared to the manufacturing sector, making up approximately 80%.  Readings above 50 indicate an expansion while readings below 50 …

ISM Manufacturing

ISM Manufacturing Index

March 1, 2017 – The ISM Manufacturing Index is derived from a survey of purchasing managers and their outlook on overall conditions by looking at factors such as orders for durable goods, industrial production and hiring. It gives a general direction rather than the specific strength of the factory sector and manufacturing activity in the U.S. A reading above 50 …