Category Archives: Offshore Hosting

No. 473: September Employment and Unemployment, August Construction Spending, PCEDeflator

(SGS Subscription required) • Phony Unemployment Rate Drop? Here Is How It May Have Happened
• With Deliberately-Inconsistent Numbers, Only the BLS Can Clear-Up the Reporting
• September Unemployment: 7.8% (U.3), 14.7% (U.6), 22.8% (
• September Payroll Gain Was Statistically Insignificant
• M3 Annual Growth Notches Higher Again

No. 470: August CPI, PPI, Retail Sales, Industrial Production

(SGS Subscription required) • Fed Easing Aimed at Propping Banking System, Not Boosting
• CPI and PPI Headline Inflation Highest Since June 2009
• Headline CPI Held at 0.6%, Instead of 1.0%, Due to Intervention Analysis?
• August Year-to-Year Inflation: 1.7% (CPI-U), 1.7% (CPI-W), 9.3% (SGS)
• Retail Sales Showing Consistent Pattern of Overstated Headline Activity Being Revised Lower in Following Month
• Monthly Production and Real Earnings Turn Down