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Real PCE Goods Computed from Retail Sales Implies a 68 Basis Point Boost to Q4 GDP
Global oil production was 1,680,000 barrels per day less than demand in October
Retail Sales Fell 1.0% in March, but PCE Goods Still Adds 167 Basis Points to Q1 GDP
4th Quarter GDP Grew at 2.9% Rate on Increased Inventories, Personal Services, and Government
US Trade Deficit fell 21% in November, but is Still a Big Hit to 4th Quarter GDP
US oil supplies at a 36½ year low, SPR at a 39 year low; oil+products supplies at an 18½ year low
Third Estimate of 2nd Quarter GDP & Revisions From 2017 to Present
Do you think Covid is "Over"?
US oil exports at a record high, oil supplies at a 18 year low, SPR at a 37 year low
GDP Shrunk at 0.9% Rate in 2nd Quarter on Weaker Consumer Goods, Construction, & Inventories
Global oil production exceeded demand by 1,490,000 barrels per day in June
US oil supplies at a 13½ year low; total oil + products supplies at a 95 mo low
GDP revised to 7.0% growth for the 4th Quarter 2022
Trump Does Right On H-1B Reform
July PCE up at a 36.6% Rate from 2nd quarter, suggesting a "V" shaped recovery
2nd Quarter GDP Down a Record 32.9% After Revisions From 2015 to Present
May PCE up 8.2%, but 2 Months PCE Still Subtracts 29.06 Percentage Points from 2nd Quarter GDP
Global oil output surplus was at 8.6 million barrels per day in May, despite OPEC cut of 6.3 million bpd
A Mind-blowing Bad April Unemployment Report
The Constitution Party’s Donald Trump Dilemma Version 2020
Durable Goods Nosedives in Advance Report
March global oil surplus at 17.7 million barrels per day; 2nd qtr surplus to be at 6.2 million bpd despite OPEC-led cuts
Unemployment Gets Sick from Covad-19
OPEC report shows July's global oil output was two million barrels per day short of demand
3rd Quarter GDP Grew at a 3.4% Rate Because Inventories Grew at a 31.9% Rate
2nd Quarter GDP Up 4.1% Despite Largest Inventory Contraction Since 2009
Construction contribution to Q1 GDP under-reported by 47 basis points, despite 1.7% drop in March
OPEC's February Oil Market Report showed that the global oil glut is growing again
December Trade Deficit Up 5.3% on Higher Imports of Cellphones, Drugs and Cars
One cold snap uses 11.5% of US natural gas supplies; 8 more weeks like that and our gas storage will be totally empty
November Personal Spending Up 0.6%, Two Months PCE Adds 171 Basis Points to Q4 GDP
Consumer Prices Rose 0.4% in November on Higher Energy Costs
OPEC oil output at a 6 month low; global oil output at a 12 month high
October Trade Deficit Up 8.6%, Revisions Whack 3rd Quarter GDP
Producer Prices Rose 0.4% in October on Higher Gas Station Margins and Wholesale Drug Prices
The Cost of Left-Wing hate
Trump's RAISE Act Immigration Bill
Topics & Tags
Advance Estimate of 2nd Quarter GDP & Revisions From 2014 to Present
Perhaps Globalists Shouldn’t be Questioning Other People’s Patriotism
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The Constitution Party’s Donald Trump Dilemma Version 2020
Perhaps Globalists Shouldn’t be Questioning Other People’s Patriotism
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Recent comments
good calculation
thanks
Thanks!
very astute
footnote on "unaccounted for oil"
thanks for oil updates
Well, it's kinda obvious
Yoozer
Thanks for your good text this week
My: That’s the way
Why does Mr. Gemma not
I am going to say that really
Why are you blaming the
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