U.S. Document Vault
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Your correspondent is headed to the beach for the next couple of weeks, with publication resuming on Tuesday, September 4.... More by Ian Shepherdson
Yesterday's wave of data suggested that a good part of the strength in final demand in the second quarter was sustained into the first month of this quarter, and perhaps the second too.... More by Ian Shepherdson
The first wave of domestic third quarter data crashes ashore this morning.... More by Ian Shepherdson
Turkey has all the problems you don't want to see in an emerging market when the U.S. is raising interest rates.... More by Ian Shepherdson
The jump in core inflation in recent months is about as alarming as the sudden decline in the same period last year; that is, not very.... More by Ian Shepherdson
The continued modest rate of increase in unit labor costs makes it hard to worry much about the near-term outlook for core inflation.... More by Ian Shepherdson
Core PPI inflation has risen steadily this year, with month-to-month increases of 0.3% or more in five of the past six months.... More by Ian Shepherdson
The release yesterday of the weekly Redbook chainstore sales report for the week ended Saturday August 4 means that we now have a complete picture of July sales.... More by Ian Shepherdson
According to the official data presented in the JOLTS report, the number of job openings across the U.S. rose gently from 2011-to 13, rocketed in 2014, trended upwards much more slowly from 2015-to-17, and then, finally, unexpectedly jumped to record highs in the spring of this year.... More by Ian Shepherdson
We are not worried, at all, by the slowdown in headline payroll growth to 157K in July from an upwardly-revised 248K in June.... More by Ian Shepherdson
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