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No. 551: July New Orders for Durable Goods, New- and Existing-Home Sales 26 Aug 2013 | 10:42 pm
(SGS Subscription required) • In Ongoing Stagnation, Durable Goods Orders Are Suggestive of Pending Downturn • New-Home Sales Are in Renewed Contraction • Existing-Home Sales Jump But Remain of Questi...
No. 550: July Housing Starts, U.S. Fiscal-Policy Issues, Updated Outlooks 16 Aug 2013 | 11:33 pm
(SGS Subscription required) • Housing Starts Continued in Renewed Downturn • Outlook Is Increasingly Bleak for Second- and Third-Quarter Economic Growth, Irrespective of GDP Reporting Nonsense • Fisc...
No. 549: July CPI, PPI, Nominal and Real Retail Sales, Industrial Production, RealEarnings 16 Aug 2013 | 02:47 am
(SGS Subscription required) • No Economic Recovery Here • Industrial Production on Brink of Showing Formal New Recession • For Second Month, Rising Retail Sales Reflected Rising Prices, Not Rising Con...
No. 548: June Trade Balance 6 Aug 2013 | 09:43 pm
(SGS Subscription required) • Unusually Large Reduction in June Trade Deficit Likely Reflected Port of New York Disruptions • Headline Trade Deficit Will Add Upside Pressure to First Revision of Secon...
No. 547: July Employment and Unemployment, M3, June Construction 2 Aug 2013 | 10:23 pm
(SGS Subscription required) • July Jobs Gain and Unemployment Decline Were Not Meaningful • Payroll Boost of 162,000 was 136,000 Net of Revisions • July Unemployment: 7.4% (U.3), 14.0% (U.6), 23.3% (S...
No. 546: GDP and Revisions, Mounting Consumer- and Systemic-Liquidity Issues 2 Aug 2013 | 08:45 am
(SGS Subscription required) • Federal Reserve Monetization Hits 103.4% of Net U.S. Treasury Debt Issuance in 2013 • Redefined GDP Moved Ever Further from Real-World Experience, Beset by Expanded Infla...
No. 545: June Durable Goods Orders, Home Sales, Pending GDP Revisions 26 Jul 2013 | 01:34 am
(SGS Subscription required) • New- and Existing-Home Sales Were Exaggerated by Downside Revisions, Changes Otherwise Were Statistically Insignificant • Irregular Surge in Commercial Aircraft Orders Do...
No. 544: June Housing Starts, Economy, Updated Summary Outlook 17 Jul 2013 | 11:20 pm
(SGS Subscription required) • Second-Quarter Housing Starts Plunged at Annualized Quarterly Rate of 31.2%, Dimming the Outlook for Second-Quarter GDP • Economic Growth Otherwise Has Slowed in Second-...
No. 543: June CPI, Industrial Production, Real Retail Sales and Earnings 17 Jul 2013 | 12:39 am
(SGS Subscription required) • Slowing Growth with Rising Inflation • Real Retail Sales and Real Earnings Contracted in June • Annualized Quarterly Production Growth Slowed to 0.59% from 4.23% • June Y...
No. 542: June Retail Sales 15 Jul 2013 | 06:56 pm
(SGS Subscription required) • June Retail Sales Gain Reflected Little More Than Rising Inflation