Business Cycle Indicators, Mid-February

Blog: Econbrowser

Abstract

Industrial production comes in under consensus (-0.1% vs +0.2%). Here's a picture of the key indicators followed by the NBER BCDC. Figure 1: Nonfarm Payroll employment incorporating benchmark revision (bold dark blue), civilian employment (orange), industrial production (red), personal income excluding current transfers in Ch.2017$ (bold green), manufacturing and trade sales in Ch.2017$ (black), consumption […]