Unemployment Rate

The Employment Situation is a report by the Bureau of Labor Statistics that gives an overview of the overall employment outlook of the US economy. The report does not include those employed in agriculture because of the seasonal nature of their work. This report obtains these numbers from 142,000 businesses and government agencies to track the new jobs added in …

Manufacturing PMI

The Manufacturing PMI (formerly 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 …

M2 Money Stocks

M2 Money Stock refers to the measure of money supply that includes financial assets held mainly by households such as savings deposits, time deposits, and balances in retail money market mutual funds, in addition to more readily-available liquid financial assets as defined by the M1 measure of money, such as currency, traveler’s checks, demand deposits, and other checkable deposits. The …

Cars Are Gold

A shoebox in your closet is usually a pretty safe place to keep your money, unless there is a fire or a robbery. A bank may be an even better spot to store your cash, unless the bank goes under or is subject to capital controls. Neither, however, will protect you from loss of purchasing power if the currency spirals …