In a recovery built on student and car loans, a decline in total vehicle sales is a very bad sign...
Vehicle Sales - July 2018
In a recovery built on student and car loans, a decline in total vehicle sales is a very bad sign...
The Most Depressing Chart In The U.S. - June 2018
ECONODAY: Consumer sentiment ends July at 97.9 which is down 3 tenths from June but more immediately is up 8 tenths from the mid-month flash to imply a reading over the last two week closer to 99. Expectations, which sank during the trade-war build up in June, bounced 1.0 point higher in July to 87.3. Current conditions, however, slipped back 2.1 points to 114.4 in what may hint at less robust consumer spending in July...
Capacity Utilization Continues Slow Descent
ECONODAY: Capacity utilization is over 90 percent for mining at 92.4 percent vs 79.4 percent for utilities and 75.3 percent for manufacturing. Utilization overall, down 2 tenths to 77.9 percent, is not extreme and points to available slack in the industrial sector...
Total Credit Market Debt Is Back - And It Still Sucks
The financial metric that rules the world is called Total Credit Market Debt, or as it's now referred to, All Sectors; Debt Securities and Loans; Liability, Level...
Labor Participation Refuses To Improve
ECONODAY: The participation rate moves down a tenth to an even thinner 62.7 percent as the number of people actively looking for work is down 281,000 to 6.065 million...
