Calculated Risk

JANUARY 5, 2024

The headline jobs number in the December employment report was above expectations, however employment for the previous two months was revised down by 71,000, combined. At the beginning of the pandemic, in March and April of 2020, leisure and hospitality lost 8.2 million jobs, and are now down 163 thousand jobs since February 2020.

Retail 117

Retail Numbers Economics Manufacturing 117

Calculated Risk

AUGUST 5, 2022

Today we celebrate the recovery of all the jobs lost in 2020, and the unemployment rate matching the lowest level since 1969. The headline jobs number in the July employment report was well above expectations, and employment for the previous two months was revised up by 28,000, combined. million jobs since February 2020.

Numbers 145

Numbers Economics Manufacturing 145

Calculated Risk

DECEMBER 8, 2023

The headline jobs number in the November employment report was at expectations, however employment for the previous two months was revised down by 35,000, combined. At the beginning of the pandemic, in March and April of 2020, leisure and hospitality lost 8.2 million jobs, and are now down 158 thousand jobs since February 2020.

Retail 123

Retail Numbers Economics Manufacturing 123

Calculated Risk

OCTOBER 6, 2023

The headline jobs number in the September employment report was well above expectations, and employment for the previous two months was revised up by 119,000, combined. At the beginning of the pandemic, in March and April of 2020, leisure and hospitality lost 8.2 million jobs, and are now down 184 thousand jobs since February 2020.

Numbers 121

Numbers Economics Manufacturing 121

Calculated Risk

MAY 5, 2023

The headline jobs number in the April employment report was above expectations, however employment for the previous two months was revised down by 149,000, combined. At the beginning of the pandemic, in March and April of 2020, leisure and hospitality lost 8.2 million jobs, and are now down 402 thousand jobs since February 2020.

Numbers 144

Numbers Economics Manufacturing 144

Calculated Risk

SEPTEMBER 1, 2023

The headline jobs number in the August employment report was at expectations, however, employment for the previous two months was revised down by 110,000, combined. At the beginning of the pandemic, in March and April of 2020, leisure and hospitality lost 8.2 million jobs, and are now down 290 thousand jobs since February 2020.

Numbers 121

Numbers Economics Manufacturing 121

The Big Picture

NOVEMBER 7, 2022

When I put together my list of what was to blame for inflation , corporate profit-seeking was number (13 of 15). Labor and Capital have swapped roles in 2020-era inflation: Over the 4 decades preceding the pandemic (1979 to 2019), profits contributed 11% to price growth while labor costs added more than half – about 60%.

Economics 332

Economics Economy Retail Numbers 332

Calculated Risk

NOVEMBER 3, 2023

The headline jobs number in the October employment report was below expectations, and employment for the previous two months was revised down by 101,000, combined. At the beginning of the pandemic, in March and April of 2020, leisure and hospitality lost 8.2 million jobs, and are now down 223 thousand jobs since February 2020.

Retail 131

Retail Numbers Economics Manufacturing 131

Calculated Risk

FEBRUARY 3, 2023

The headline jobs number in the January employment report was well above expectations, and employment for the previous two months was revised up by 71,000, combined. At the beginning of the pandemic, in March and April of 2020, leisure and hospitality lost 8.2 million jobs, and are now down 495 thousand jobs since February 2020.

Numbers 145

Numbers Economics Manufacturing 145

Calculated Risk

FEBRUARY 2, 2024

The headline jobs number in the January employment report was well above expectations, and November and December payrolls were revised up by 126,000 combined. At the beginning of the pandemic, in March and April of 2020, leisure and hospitality lost 8.2 million jobs, and are now down 75 thousand jobs since February 2020.

Numbers 86

Numbers Economics Manufacturing 86

Calculated Risk

JANUARY 6, 2023

The headline jobs number in the December employment report was above expectations, however employment for the previous two months was revised down by 28,000, combined. At the beginning of the pandemic, in March and April of 2020, leisure and hospitality lost 8.2 million jobs, and are now down 932 thousand jobs since February 2020.

Retail 145

Retail Numbers Economics Manufacturing 145

Calculated Risk

NOVEMBER 4, 2022

The headline jobs number in the October employment report was above expectations, and employment for the previous two months was revised up by 29,000, combined. At the beginning of the pandemic, in March and April of 2020, leisure and hospitality lost 8.2 million jobs since February 2020. million jobs since February 2020.

Retail 141

Retail Numbers Economics Manufacturing 141

Calculated Risk

MARCH 10, 2023

The headline jobs number in the February employment report was above expectations, however employment for the previous two months was revised down by 34,000, combined. At the beginning of the pandemic, in March and April of 2020, leisure and hospitality lost 8.2 million jobs, and are now down 410 thousand jobs since February 2020.

Numbers 123

Numbers Economics Manufacturing 123

Calculated Risk

MARCH 8, 2024

The headline jobs number in the February employment report was above expectations; however, December and January payrolls were revised down by 167,000 combined. At the beginning of the pandemic, in March and April of 2020, leisure and hospitality lost 8.2 million jobs, and are now down 17 thousand jobs since February 2020.

Numbers 65

Numbers Economics Manufacturing 65

The Big Picture

JANUARY 23, 2023

million employees, more than half of whom were hired in 2020-2022. I wanted to drop a quick note about the endless spate of layoff announcements — and why you should (mostly) ignore them. Amazon , now has 1.5 Google just fired 12,000 people; they hired 57,000 over the past two years. At least, not yet.

Economics 317

Economics Numbers Planning Investing 317

Calculated Risk

DECEMBER 2, 2022

The headline jobs number in the November employment report was above expectations, however employment for the previous two months was revised down by 23,000, combined. At the beginning of the pandemic, in March and April of 2020, leisure and hospitality lost 8.2 million jobs, and are now down 980 thousand jobs since February 2020.

Retail 129

Retail Numbers Economics Manufacturing 129

Calculated Risk

AUGUST 4, 2023

The headline jobs number in the July employment report was slightly below expectations, however, employment for the previous two months was revised down by 49,000, combined. At the beginning of the pandemic, in March and April of 2020, leisure and hospitality lost 8.2 level in February 2020 (pre-pandemic). million from 4.19

Numbers 98

Numbers Economics Manufacturing 98

The Big Picture

NOVEMBER 30, 2023

The Verge ) • We’ve got a data-quality problem : And US economic data is especially important for monetary policy right now. New Republic ) • The State of the Planet in 10 Numbers : Here is a snapshot of the warming world, from sea-level rise to fossil fuel subsidies to renewable energy growth.

Education 258

Education Assets Economics Numbers 258

Nationwide Financial

JUNE 13, 2023

Coming off the blowout jobs report and the debt ceiling agreement, last week was a slower week for economic data. Given the Fed’s guidance, we expect them to hold rates unchanged on Wednesday, but retain a hawkish bias which opens the door to a July rate hike if economic activity and namely inflation do not cool sufficiently.

Economics 52

Economics Manufacturing Retail Sales 52

Calculated Risk

APRIL 7, 2023

The headline jobs number in the March employment report was close to expectations, however employment for the previous two months was revised down by 17,000, combined. At the beginning of the pandemic, in March and April of 2020, leisure and hospitality lost 8.2 million jobs, and are now down 368 thousand jobs since February 2020.

Numbers 98

Numbers Economics Manufacturing 98

The Big Picture

MARCH 13, 2024

And there’s a fair number of people who say 70%, two thirds of the stock market without any risk at all, market risk that is – sign me up for that. It’s a number that’s put out every Thursday for the previous week. That is, over the last 50 years, an extraordinarily low number. It’s a state program.

Numbers 277

Numbers Insurance Economy Marketing 277

Calculated Risk

OCTOBER 7, 2022

The headline jobs number in the September employment report was slightly above expectations, and employment for the previous two months was revised up by 11,000, combined. At the beginning of the pandemic, in March and April of 2020, leisure and hospitality lost 8.20 million jobs since February 2020. million in September.

Education 98

Education Numbers Economics Manufacturing 98

Indigo Marketing Agency

MAY 5, 2020

How To Grow Your Retirement Plan Business In The 2020 Economic Crisis. We’ve partnered with the experts at The Retirement Learning Center to update advisors on how the retirement plan landscape has been altered by the 2020 economic crisis. I’m super excited to welcome the team at Retirement Learning Center.

Retirement 52

Retirement Economics Retirement Planning Financial Planning 52

Carson Wealth

APRIL 29, 2024

While the GDP number for the first quarter disappointed, strength was evident beneath the surface. The weakest numbers were in areas that are volatile and tend to reverse, such as inventories and net exports. The core numbers were solid again and didn’t change our basic outlook for the rest of the year. in the first quarter.

Marketing 97

Marketing Marketing Economy Government 97

Calculated Risk

MAY 14, 2024

The New York Fed also issued an accompanying Liberty Street Economics blog post examining credit card utilization and its relationship with delinquency. An increasing number of borrowers missed credit card payments, revealing worsening financial distress among some households.” trillion at the end of March.

Economics 110

Economics Retail Accounting Banking 110

The Big Picture

AUGUST 1, 2023

After a monstrous 68% recovery from the March 2020 pandemic low, and another nearly 30% gain in 2021, markets decided to have one of their all-too-regular spasms. Recall John Kenneth Galbraith’s observation: “The only function of economic forecasting is to make astrology look respectable.” Blame whatever you want – Too far, too fast?

Economics 246

Economics Valuation Marketing Marketing 246

Calculated Risk

JUNE 2, 2023

The headline jobs number in the May employment report was above expectations, and employment for the previous two months was revised up by 93,000, combined. At the beginning of the pandemic, in March and April of 2020, leisure and hospitality lost 8.2 million jobs, and are now down 349 thousand jobs since February 2020.

Numbers 69

Numbers Economics Manufacturing 69

The Big Picture

AUGUST 29, 2023

Schroders ) • The Exact Age When You Make Your Best Financial Decisions There’s a magic number for when your expertise and cognitive powers align. The leading economic indicators show the U.S. 2020 Pandemic Panic ?!? ( Savings rates have rocketed and UK savers can earn over 5% on deposits. With the 10 year at 4.2% 1987 Crash 3.

Insurance 130

Insurance Math Economics Economy 130

The Big Picture

SEPTEMBER 10, 2022

KCP Group ). • Your Career Is Just One-Eighth of Your Life : Five pieces of career advice, shaped by economics, psychology, and a little bit of existential math. ( History by numbers : Is history a matter of individual agency and action, or of finding and quantifying underpinning structures and patterns? The Atlantic ). •

Math 300

Math Wealth Management Accounting Media 300

Advisor Perspectives

DECEMBER 1, 2023

Over 10,000 advisors became RIAs between 2015 and 2020 alone. Freedom, control, and economic advantages are the key reasons for the impressive growth of the independent Registered Investment Advisor (RIA) channel over the years. Ever wonder why?

Investment Advisor 52

Investment Advisor Numbers Economics Investing 52

Nationwide Financial

MARCH 27, 2023

Market disruption has driven investors to safety, with money market funds adding $143 billion in the latest week, the largest since March 2020. Over the past four weeks, money markets have added $300 billion, on par with surges in 2008 and 2020, bringing the total to a record $5.1 at the best level in nearly a year. from a year ago.

Banking 98

Banking Marketing Marketing Asset Allocation 98

Calculated Risk

JANUARY 11, 2023

Earlier I posted some questions on my blog for next year: Ten Economic Questions for 2023. in February 2020, and up from the pandemic low of 60.1% in April 2020. In April 2020, 8.15 We know population growth has been weak over the last several years, and that the baby boom generation is now retiring in large numbers.

Economics 112

Economics Sales Retirement Numbers 112

Calculated Risk

FEBRUARY 20, 2024

From the MBA: Share of Mortgage Loans in Forbearance Decreases Slightly to 0.22% in January The Mortgage Bankers Association’s (MBA) monthly Loan Monitoring Survey revealed that the total number of loans now in forbearance decreased by 1 basis point from 0.23% of servicers’ portfolio volume in the prior month to 0.22% as of January 31, 2024.

Portfolio 61

Portfolio Planning Economics Numbers 61

Mish Talk

DECEMBER 7, 2022

Other than 2000 and 2020 there is not much lead time between the time industrial production peaks and recession starts. The two main exceptions are 2001 and 2020 where IP was in a long slowdown before recession hit. Industrial production data from the Fed, chart by Mish. Recession Lead Time After Industrial Production Peak.

Manufacturing 130

Manufacturing Numbers Economics 130

Calculated Risk

SEPTEMBER 2, 2022

The headline jobs number in the August employment report was above expectations, however employment for the previous two months was revised down by 107,000, combined. At the beginning of the pandemic, in March and April of 2020, leisure and hospitality lost 8.20 million jobs since February 2020. million jobs, and are now down 1.12

Numbers 57

Numbers Economics Manufacturing 57

Calculated Risk

DECEMBER 18, 2023

From the MBA: Share of Mortgage Loans in Forbearance Decreases to 0.26% in November The Mortgage Bankers Association’s (MBA) monthly Loan Monitoring Survey revealed that the total number of loans now in forbearance decreased by 3 basis points from 0.29% of servicers’ portfolio volume in the prior month to 0.26% as of November 30, 2023.

Portfolio 61

Portfolio Planning Economy Economics 61

Calculated Risk

MAY 15, 2023

From the MBA: Share of Mortgage Loans in Forbearance Decreases to 0.51% in April The Mortgage Bankers Association’s (MBA) monthly Loan Monitoring Survey revealed that the total number of loans now in forbearance decreased by 4 basis points from 0.55% of servicers’ portfolio volume in the prior month to 0.51% as of April 30, 2023.

Portfolio 79

Portfolio Numbers Planning Taxes 79