dannyrussell53.bsky.social
@dannyrussell53.bsky.social
Reposted by dannyrussell53.bsky.social
Wage growth slowed but remains above 3% for non-managers, which backs up the ECI numbers we got yesterday showing similar.
August 1, 2025 at 12:38 PM
Wage growth slowed but remains above 3% for non-managers, which backs up the ECI numbers we got yesterday showing similar.
Reposted by dannyrussell53.bsky.social
Looking through the noisy top-lines, prime age emp-pop doesn't show much cause for concern. A lot of the headline employment slowdown is about labor supply (immigration); this ratio broadly accounts for that.
August 1, 2025 at 12:34 PM
Looking through the noisy top-lines, prime age emp-pop doesn't show much cause for concern. A lot of the headline employment slowdown is about labor supply (immigration); this ratio broadly accounts for that.
Reposted by dannyrussell53.bsky.social
Very mixed bag from Powell
*POWELL: FED DOESN'T NEED TO HURRY, CAN WAIT FOR GREATER CLARITY
*POWELL: EXPECT PATH TO 2% INFLATION WILL CONTINUE TO BE BUMPY
*POWELL: MOST LONGER-TERM INFLATION EXPECTATIONS REMAIN STABLE
*POWELL: SENTIMENT NOT A GOOD SPENDING PREDICTOR IN RECENT YEARS
*POWELL: FED DOESN'T NEED TO HURRY, CAN WAIT FOR GREATER CLARITY
*POWELL: EXPECT PATH TO 2% INFLATION WILL CONTINUE TO BE BUMPY
*POWELL: MOST LONGER-TERM INFLATION EXPECTATIONS REMAIN STABLE
*POWELL: SENTIMENT NOT A GOOD SPENDING PREDICTOR IN RECENT YEARS
Speech by Chair Powell on the economic outlook
Thank you, Anil. I appreciate the opportunity to speak at this forum and look forward to our discussion. I will start with some brief remarks about the economy
www.federalreserve.gov
March 7, 2025 at 5:30 PM
Very mixed bag from Powell
*POWELL: FED DOESN'T NEED TO HURRY, CAN WAIT FOR GREATER CLARITY
*POWELL: EXPECT PATH TO 2% INFLATION WILL CONTINUE TO BE BUMPY
*POWELL: MOST LONGER-TERM INFLATION EXPECTATIONS REMAIN STABLE
*POWELL: SENTIMENT NOT A GOOD SPENDING PREDICTOR IN RECENT YEARS
*POWELL: FED DOESN'T NEED TO HURRY, CAN WAIT FOR GREATER CLARITY
*POWELL: EXPECT PATH TO 2% INFLATION WILL CONTINUE TO BE BUMPY
*POWELL: MOST LONGER-TERM INFLATION EXPECTATIONS REMAIN STABLE
*POWELL: SENTIMENT NOT A GOOD SPENDING PREDICTOR IN RECENT YEARS
Reposted by dannyrussell53.bsky.social
Fed's Powell: Some factors suggest productivity burst to be one-time.
March 7, 2025 at 5:54 PM
Fed's Powell: Some factors suggest productivity burst to be one-time.
Reposted by dannyrussell53.bsky.social
US firms are expanding their planned/future headcount.
Some of this may be seasonal (hard to tell - not much history in this series), but the diffusion index is a little higher than it was a year ago.
(From the US Census Bureau's Business Trends and Outlook Survey)
Some of this may be seasonal (hard to tell - not much history in this series), but the diffusion index is a little higher than it was a year ago.
(From the US Census Bureau's Business Trends and Outlook Survey)
November 16, 2024 at 12:16 AM
US firms are expanding their planned/future headcount.
Some of this may be seasonal (hard to tell - not much history in this series), but the diffusion index is a little higher than it was a year ago.
(From the US Census Bureau's Business Trends and Outlook Survey)
Some of this may be seasonal (hard to tell - not much history in this series), but the diffusion index is a little higher than it was a year ago.
(From the US Census Bureau's Business Trends and Outlook Survey)
Reposted by dannyrussell53.bsky.social
Of course, shelter is not the only problem here. "Core services ex-shelter" has really picked up lately.
April 10, 2024 at 1:15 PM
Of course, shelter is not the only problem here. "Core services ex-shelter" has really picked up lately.
Reposted by dannyrussell53.bsky.social
The union that runs Las Vegas is gearing up for a potential strike. Btw, Formula 1 is in town for the Vegas Grand Prix the weekend of the 8th. Estimated economic impact of the race? $1.3bn. This could get spicy.
*CULINARY UNION SETS STRIKE DEADLINE FOR NOV. 10 AT 5:00AM
*CULINARY UNION SETS STRIKE DEADLINE FOR NOV. 10 AT 5:00AM
November 2, 2023 at 7:09 PM
The union that runs Las Vegas is gearing up for a potential strike. Btw, Formula 1 is in town for the Vegas Grand Prix the weekend of the 8th. Estimated economic impact of the race? $1.3bn. This could get spicy.
*CULINARY UNION SETS STRIKE DEADLINE FOR NOV. 10 AT 5:00AM
*CULINARY UNION SETS STRIKE DEADLINE FOR NOV. 10 AT 5:00AM