Monday, June 2, 2014
Construction spending remains strong
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Net of revisions, April data for construction spending was close to expectations and still reasonably strong. Total spending is up over 8...
Manufacturing report a modest positive
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Two spreadsheet errors at the Institute for Supply Management added some extra volatility to the markets today, and fortunately it was reso...
Friday, May 30, 2014
Deflation is a no-show thanks to easy money and rising wealth
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We now have the CPI and the Personal Consumption Deflator for April, and they show that inflation is running comfortably in the middle to th...
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