Despite U.S. Resilience, Recessionistas Still Expect Trouble
Despite u.s. Resilience, recessionistas still expect trouble. Ism survey data points to high recession risk. The weakness in new manufacturing orders for november – via ism survey data – points to a recession. The us was supposed to be in recession by now, but gdp surged in third quarter.
Seeking Alpha · 2d ago
Macro: Durable Goods
Durable goods peaked in the short term in june. The $16b drop in durable goods orders is from a drop in non defense aircraft orders. Aircraft orders are significant. Growth in the less volatile capex series is still positive. We are slowing from the best growth of the last 30 years.
Seeking Alpha · 2d ago
The Economic Downturn Is Underway, But Expect A Rebound In 2024
Economic resilience continues to be the theme of 2023, says christopher yates. The us economy is neither in recessionary territory nor expanding, he says. Economic growth remains robust, but we are likely to see a slow but steady deterioration in hard economic data in the coming months. Longer-term leading indicators suggest a rebound in growth in the second half of 2024.
Seeking Alpha · 3d ago
Some U.S. Economy Big Picture Charts
Six charts that look at the u.s. Economy from a big picture perspective. I don't find anything sinister or strange in these charts. I see an economy that is growing moderately (perhaps only modestly) i see a healthy labor market, an equity market that is rising and a dollar that has been fortified.
Seeking Alpha · 3d ago
Are The Headlines About Factory Orders Messing With Us Again?
Unfilled orders rose to an all-time high of $1.36 trillion in october, according to the census bureau. Manufacturing orders plunged by the most since april 2020. The drop in new orders was mostly caused by a plunge in nondefense aircraft orders. But other industries saw record manufacturing orders.
Seeking Alpha · 3d ago
The Fourth Quarter Started Slow, But It May Finish Strong
Home prices in las vegas declined at a 1.9% annual pace in october. Consumer spending slowed to a 0.7% pace in september, according to the commerce department. The fed's beige book revealed that consumers pulled back on discretionary spending. The fourth quarter gdp may come in better than first feared.
Seeking Alpha · 4d ago
Weekly Report: what happened at RSPN last week (1127-1201)?
Weekly Report · 4d ago
Global Factory Job Losses Continue As Demand Downturn Persists In November
Global manufacturing business conditions worsened for a fifteenth successive month in november. New export orders for goods falling globally for a twenty-first straight month. Europe saw the steepest downturn, while production returned to growth in mainland china. Global factory output edges lower again in november amid further demand fall.
Seeking Alpha · 6d ago
US Factories Report Job Losses As Demand Deteriorates, But Price Pressures Weaken
Us manufacturing business conditions worsened in november according to s&p global's us pmi survey. Manufacturers cut payroll numbers for a second month in a row, leading to a back-to-back drop in employment. Weak demand and reduced wage pressures resulted in lower input cost and selling price inflation in november. Output barely rose as new order inflows deteriorated and backlogs of orders depleted.
Seeking Alpha · 6d ago
TD Asset Management says Industrials show there's strength beyond Big Tech
Td asset management says industrials show there's strength beyond big tech in 2023. 132 stocks in the s&p 500 have outperformed the index as a whole. 27 of those are in the industrial sector, says td asset management's ben gossack.
Seeking Alpha · 11/30 17:48
Dallas Fed Still In Contraction
New home sales and the dallas fed's reading on manufacturing activity came in worse than expected. The general business activity index has now been in contraction for 19 straight months. New orders and the order growth rate are at post-pandemic lows, but prices are rising.
Seeking Alpha · 11/28 00:30
Weekly Report: what happened at RSPN last week (1120-1124)?
Weekly Report · 11/27 10:26
Flash PMIs Mixed
Manufacturing activity slipped back into contraction in november. S&p global releases global flash pmi readings for november. Manufacturing pmi has been at or below 50 for 12 of the last 13 months and the last 7 straight. Services activity rose sequentially for the 10th straight month of expansion.
Seeking Alpha · 11/24 23:50
Macro: Industrial Production
Industrial production continues to show negative growth. This month is much better than the previous month. Industrial production is down 0.7% in november. The decline in industrial production is the worst since the start of the recession in 2009. The economy is still in recessionary territory.
Seeking Alpha · 11/21 08:01
Weekly Report: what happened at RSPN last week (1113-1117)?
Weekly Report · 11/20 10:24
Bad Expectations Out Of New York
New york fed released the empire state manufacturing survey on wednesday morning. The headline number rose back into expansion at 9.1, but expectations dropped 24 points month over month. The report indicated weak demand as new orders remain in contraction. Average workweek expectations hit the highest level since march of last year.
Seeking Alpha · 11/16 05:30
RSPN: Industrials Dashboard For November
Dashboard shows aggregate subsector metrics in industrials. Transportation is the only industry with a good value score. Invesco s&p 500® equal weight industrials etf provides an edge in risk and valuation over capital-weighted etfs. The dashboard is a monthly review of sector exchange-traded funds.
Seeking Alpha · 11/15 15:36
Is Invesco S&P 500 Equal Weight Industrials ETF (RSPN) a Strong ETF Right Now?
NASDAQ · 11/14 11:20
Weekly Report: what happened at RSPN last week (1106-1110)?
Weekly Report · 11/13 10:20
Workers Are Missing Cog In U.S. Manufacturing Gears
Home market outlook economy analysis workers are missing cog in u.s. Manufacturing gears. A factory construction boom sparked by president joe biden’s industrial policies has led to unbridled optimism in the industry. Lipper alpha insight will be on hand to help you understand the market.
Seeking Alpha · 11/10 02:45
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