Data
323 postsRevision Whiplash: Why Coverage of Nonfarm Payroll Growth Is Messy, And How To Track Underlying Growth Better
Summary The main purpose of real-time macroeconomic data releases is to track the evolution in the underlying growth rate of economic activity. The precise levels of employment, wages,...
Labor Market Recap August 2023: How Much Slowing is Left?
The August 2023 labor market data points to a labor market that, while strong and not recessionary, is certainly slowing down more starkly than earlier this year. The...
July Core-Cast Post-PCE: Core PCE Should Encourage The Fed, But "Watch Out For The Wedge" Between CPI Noise & PCE Signal
Core-Cast is our nowcasting model to track the Fed's preferred inflation gauges before and through their release date. The heatmaps below give a comprehensive view of...
