Business Cycle Indicators, Mid-February | Econbrowser

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 … Read more

Near Surface High Grade Drilling Results Provide Positive Indicators for Development at Adina

Lithium explorer / developer Winsome Resources (ASX:WR1 ; “Winsome” or “the Company”) is pleased to announce further excellent results from resource delineation drilling at its 100%-owned Adina Lithium Project in the Eeyou Istchee James Bay region of Quebec, Canada. Results continue to highlight the large scale and positive grade characteristics of the Adina Lithium Project … Read more

NBER BCDC Indicators, Some Alternative Indicators, and Weekly Measures Through Mid-December

As of mid-December, it’s hard to see the recession (even with this morning’s downward revision of GDP growth to 4.9%) so there’s a lot of triumphalism about how the oft-predicted recession of 2023. We only have monthly data through November at best, so perhaps it’s still a little premature to declare victory for 2023 — … Read more

Business Cycle Indicators including Monthly GDP

Monthly GDP, as estimated by SPGMI (formerly IHS Markit/Macroeconomic Advisers) drops 0.5% m/m (-6.3% annualized!) Figure 1: Nonfarm Payroll employment incorporating preliminary benchmark (bold dark blue), implied level using Bloomberg consensus as of 12/4 (blue +), civilian employment (orange), industrial production (red), personal income excluding transfers in Ch.2017$ (bold green), manufacturing and trade sales in … Read more