Disorganized Data by: Dr. Elliot Eisenberg, Ph.D. Today's economic data capture perfectly the condition of the US economy. Employment growth is strong, as first time unemployment claims remain under 300,000/week for the 79th straight week. In addition, inflation remains benign as measured by the unchanged reading of the August Producer Price Index, and manufacturing remains weak as witnessed by the fall in the factory utilization rate and the mildly negative reading of the Empire State Manufacturing Survey.
Dr. Elliot Eisenberg was 2016 Austin Conference Keynote speaker. He produces a daily blog of important economic data for an easy read on the news about monetary and fiscal policy. Here is Dr. Eisneberg's information if you would like to subscribe to his blog:
Elliot F. Eisenberg, Ph.D
Cell: 202.306.2731 www.econ70.com