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Job Hopping

I sure didn't see that coming!

It’s not that hard.  You throw the ball.  You hit someone. 

Unless, of course, they dodge it. 

America kept adding jobs in September 2018 according to the Bureau of Labor Statistics.  Their employment situation report tallied 134,000 net new jobs in the period.  Of course, this uptick is well off the average of the prior three months of over 214,000 and is the weakest gain in twelve months.  However, July was revised higher by 18,000 and August received a large upward revi

**Originally sent to email subscribers on October 5, 2018***

No economic storms can be seen from here to the horizon according to the Conference Board’s Leading Economic Index (LEI).  This ten-component index theoretically looks out into the future by some six to nine months, aggregating indicators that tend to lead economic output.  Its most recent iteration, released in September for August 2018, increased 0.4 percent after rising 0.7 p

Sales of new homes rose in August 2018 according to the Census Bureau.  On an annualized basis, transactions reached 629,000 units, up 3.5 percent compared to July which was revised lower to 608,000 from 627,000.  Despite a couple of week months, the level of sales is 12.7 percent higher from a year ago. 

Industrial production was strong in August 2018 according to the latest data from the Federal Reserve. Output of all physically made wares increased 0.4 percent.  Perhaps more importantly, this uptick was on the heels of July’s upwardly revised tally which also grew 0.4 percent (originally 0.1 percent), and June’s increase of 0.4 percent as well.