Tag Archives: ISM manufacturing survey

Jobs Picture Much Better Than Forecast

Posted on October 2, 2012 by Popular Economics Weekly

Popular Economics Weekly The Bureau of Labor Statistics gave markets a shot of good news recently, when it revised the one year March-to-March 2012 jobs totals upward by 32,000 per month. This was huge and showed much better jobs growth … Continue reading →

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August Jobs Report—Manufacturing Slowdown

Posted on September 10, 2012 by Popular Economics Weekly

Popular Economics Weekly The headlines said a “weak” job report on Friday. But it had nothing to do with politics or economic policy, at least directly. The jobs drop was all in manufacturing due to problems in Europe and China. … Continue reading →

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What Do June Jobs Numbers Mean?

Posted on July 12, 2012 by Popular Economics Weekly

Financial FAQs Is history repeating itself? Once more the June jobs numbers don’t look so good, but once more they will probably be misleading. Because, once more, it looks like the so-called seasonal adjustments (SA) are overestimating the summer jobs … Continue reading →

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What Do the Latest Jobs Numbers Mean?

Posted on June 7, 2012 by Popular Economics Weekly

Financial FAQs The May employment report showed the economy slowing, but pundits may be jumping to conclusions. For though the unemployment rate rose to 8.2 percent in May from 8.1 percent the prior month, that was because 642,000 more began … Continue reading →

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Manufacturing Continues Expansion (So Austerity Not the Answer)

Posted on May 2, 2012 by Popular Economics Weekly

“Manufacturing continues to lead U.S. recovery”, said the April ISM manufacturing survey that measures overall manufacturing activity. “The PMI registered 54.8 percent, an increase of 1.4 percentage points from March’s reading of 53.4 percent, indicating expansion in the manufacturing sector … Continue reading →

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Why the Surprising Jobs Report?

Posted on February 8, 2012 by Popular Economics Weekly

Financial FAQs Why so much surprise in January’s employment report that added 243,000 payroll jobs and dropped the unemployment rate to 8.3 percent? The U.S. has now added an average of 183,000 jobs a month in the past five months, … Continue reading →

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More Jobs Key to 2012 Growth

Posted on January 13, 2012 by Popular Economics Weekly

Popular Economics Weekly How do we know what to look for in 2012? We should not be looking at the headlines, which tend to trumpet totally conflicting news. But more accurate information is available—usually several months later. For instance, jobs’ … Continue reading →

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2011—The Year That Wasn’t

Posted on December 11, 2011 by Popular Economics Weekly

Popular Economics Weekly What do we make of this year’s economy, with its ups and downs that have confused even the ‘experts’; and what to make of 2012? Believe it or not, the congressional gridlock that caused the S&P Treasury … Continue reading →

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Austerity (That) Doesn’t Work

Posted on December 3, 2011 by Popular Economics Weekly

Financial FAQs It turns out that austerity doesn’t work, when it means tax cuts for the wealthy but spending (and so income) cuts for the rest of US. But austerity does work when applied to the wealthiest who have used … Continue reading →

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Where are the Jobs?

Posted on June 3, 2011 by Popular Economics Weekly

Popular Economics Weekly We know that economic growth has slowed in the first quarter—falling from 3.1 percent growth to 1.8 percent in the second estimate of Q1 GDP growth. But even with slower growth, all sectors are still hiring. And … Continue reading →

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