We may not receive the December New Home Construction data, nor the December New Home Sales data, due to the Government Shutdown. That’s too bad because we are on track for our best new construction year since 2008. We will receive Existing Home Sales data from the REALTORS. Here’s what to expect.
The week starts where we left off last week with a partial Government Shutdown. While 880,000 federal government workers have been furloughed, a contingency of thirty Democrats did some “research” in Puerto Rico, Meanwhile, government workers that need to do research for the New Construction, New Home Sales, […]
The December Retail Report could be huge if … it is Published The monthly retail report, or MARTS report, has been the highlight of the year outside of the jobs reports. This month there is a question if the report will be released due to the Government Shutdown. […]
The second major revision was the ADP Payroll data. The January ADP report was released two days prior to the January “Jobs Report.” This meant that the growth current year growth, seasonally adjusted (SA,) was significantly different than the SA CES growth rate. The ADP was significantly revised […]
Best December for Men Ever. There’s a Difference. The December jobs report was well received when it was released the first Friday of January. The Private Sector worker data, seasonally adjusted jumped by over 300,000 workers. The headline Non-Farm Payroll (NFP) number was reported higher by 312,000. That […]
November JOLTS data: Two Narratives The “Job Openings and Labor Turnover Survey” or JOLTS Survey did not used to receive very much attention. This has changed over the past one or two years as we have seen record levels of job openings reported. The current jobs report data […]
The monthly jobs report is more than just one number. The report is created using two data sets, seasonally adjusting the data, and reporting the data. Sometime job gains, or worker gains, are recorded lower and reported higher than the headline number. Sometime the data is recorded higher […]