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Fed's Beige Book: "Economic activity increased slightly to moderately"

Calculated Risk

Manufacturing decreased slightly on net, and a number of Districts said manufacturers were stockpiling inventories in anticipation of higher tariffs. The nonfinancial services sector grew slightly overall, with Districts highlighting growth in leisure and hospitality and transportation, notably air travel.

Economics 162
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November Employment Report: 263 thousand Jobs, 3.7% Unemployment Rate

Calculated Risk

Employment declined in retail trade and in transportation and warehousing. However, as of August 2022, the total number of jobs had returned and are now 1.044 million above pre-pandemic levels. Bureau of Labor Statistics reported today. Notable job gains occurred in leisure and hospitality, health care, and government.

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Update on Four High Frequency Indicators

Calculated Risk

Here is a mid-year look at four indicators: -- Airlines: Transportation Security Administration -- The TSA is providing daily travel numbers. I stopped the weekly updates of high frequency indicators at the end of 2022. This data is as of June 25th. Click on graph for larger image.

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Four High Frequency Indicators for the Economy

Calculated Risk

It was interesting to watch these sectors recover as the pandemic impact subsided. -- Airlines: Transportation Security Administration -- The TSA is providing daily travel numbers. These indicators are mostly for travel and entertainment. This data is as of November 6th. Click on graph for larger image.

Economy 343
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Four High Frequency Indicators for the Economy

Calculated Risk

Notes: I've added back gasoline supplied to see if there is an impact from higher gasoline prices. -- Airlines: Transportation Security Administration -- The TSA is providing daily travel numbers. It is interesting to watch these sectors recover as the pandemic subsides. This data is as of August 7th. Click on graph for larger image.

Economy 351
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Four High Frequency Indicators for the Economy

Calculated Risk

Notes: I've added back gasoline supplied to see if there is an impact from higher gasoline prices. -- Airlines: Transportation Security Administration -- The TSA is providing daily travel numbers. It is interesting to watch these sectors recover as the pandemic subsides. This data is as of September 11th.

Economy 363
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Four High Frequency Indicators for the Economy

Calculated Risk

Notes: I've added back gasoline supplied to see if there is an impact from higher gasoline prices. -- Airlines: Transportation Security Administration -- The TSA is providing daily travel numbers. It is interesting to watch these sectors recover as the pandemic subsides. This data is as of September 25th.

Economy 345