Reclaiming Common Sense

Your Place for News - Economic Data - On Saturdays, Especially

The readers of this column check in on Saturday mornings to catch up on the week in data.  Five of the top ten articles of this month were Week in review articles. One article was from 2016. Two examined the weekly unemployment claims data.

(Dec. 5) The article "What to expect from Nov. ADP" projected year over year November growth in all sectors other than Information Technology, and month to month growth in six sectors. It projected strength from the seasonally adjusted data.

(Dec. 2)  The Week in Review was one of the Top Ten articles of December. It included articles on the GDP, New Home Sales, and Weekly Unemployment claims data.

(Dec. 9) Another Week in Review - Another top ten article for December. It was Jobs Week for this Week in Review.

(Dec. 16) Another week. Another week in review article in the top ten for the month. "Week in Review: Serious Surge" dug into the data for a surge in workers and jobs during November, a surge in Retail Sales, and a seriously strong weekly unemployment claims data.

(Nov. 30) Comparing unemployment data from different weeks of different years with different seasonal factors is like comparing Apples to Pomegranates. Both are red. Both have seeds. Both have juice. One can be eaten caramel covered while the other cannot to be eaten caramel covered.

(Nov. 25) The final week in review article for November was one of the most read articles of December. The Nov. 25 Week in Review reviewed real estate sales, unemployment claims, and the Federal Debt. It was a short week.

(Dec. 11) How is President Trump doing compared to Presidents Reagan, Clinton, George W. Bush and Obama after his first ten months compared to their first ten months in office? "Five Presidents after Ten Months" reveals that President Trump has added more private sector workers and more full-time jobs than any of his predecessors. He has also added more non-seasonally adjusted private sector workers and shed unemployed workers while increasing the number of participants and increasing the participation rate.

(Aug. 29, 2016) Occasionally a column from a prior month will sneak into a monthly most read column for months to come. Sometimes an "oldy but goody" sneaks in the following year. "Did the President's Job Streak End during may 2016 or January 2015" examined the data from President Obama  after the revisions took hold. The data from December 2015 had to be revised to keep the streak alive, or resuscitate it. after the streak ended during May 2016. THe data for 2016 was revised, then the data for 2015, then 2014, then 2013, then.... you get the picture.

(Dec. 5) Jobs week starts with a jobs forecast article. "November Jobs Forecast: Holiday Cheer" projected non-seasonally adjusted Part-time Jobs Gains, full-time job losses, a mixed picture for unemployed workers, and a huge surge in private sector workers. The Devil was going to be in the data revisions to the prior data and the seasonal factors used to convert the non-seasonally adjusted data to the seasonally adjusted data.

(Dec. 23) Another Saturday - Another Week in Review. This week in review examined the Housing Data. Hurrah.