January Jobs Report – Mind the Revisions The January Jobs Report was released this past Friday. Most of the media was “caught off guard” by the solid January Jobs Report. The data behaved pretty much as this column had projected: Non-seasonally adjusted jobs, full-time and part-time, fell, non-seasonally […]
The Government Shutdown was supposed to show up in the January Jobs report because of the huge loss of government workers. This was supposed to place the jobs streak record in jeopardy. The problem is that the jobs streak that started under former President Obama was the “Private […]
Still on Track for Best Year since 2007 The data that was released today was the November New Home Sales data. We should have received the December New Home Sales Data by now. The Government Shutdown delayed the release of both reports. The November Real Estate forecast article […]
Fourth Quarter GDP Could be the Best Fourth Quarter since 2011 You have heard elsewhere, and possibly read elsewhere, that the Government Shutdown is/was going to negatively impact our Gross Domestic Product, or GDP. This column has produced an article titled “Government Shutdown may Not Show Up in […]
Private Sector Payroll – Playing Poker with the Friday Jobs Report The January ADP Private Sector Payroll report is set to be released this Wednesday. The January Employment Situation Report, which publishes private sector and non-farm payroll data, is scheduled for Friday. The ADP data is seasonally […]
January Jobs Data is One of the Reasons Why We Have Seasonally Adjusted data The Monthly Jobs Report, or Employment Situation Report, is the “most important” report on the economy that we receive during any given month. The report is created using seasonally adjusted and non-seasonally adjusted data […]
December Existing Home Average Sales Price Record The December Real Estate Forecast article projected that we could see a new December Average Sales Price record, that inventory would drop from November’s level and still be better than the December 2017 level, and that units sold could surprise to […]
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