GDP
September 30, 2026 The final estimate of second quarter GDP growth was 2.2% which compares to 2.5% growth in the first quarter. .The economy is showing no sign of slowing down. Final sales is GDP less the change in nonfarm business inventories. Final sales...
Final Sales
September 30, 2026 When the economy is slowing down, firms will accumulate unwanted inventories. Those inventories still show up in GDP, but they are unsold. Hence, GDP will be biased upwards. Similarly, in good times businesses will reduce inventory levels to...
Final Sales to Domestic Purchasers
September 30, 2026 It is important to remember that final sales is a measure of how many domestically produced goods are sold each quarter. But we also sell goods overseas -- our exports. And we purchase goods from other countries -- our imports. In the...
Gross Domestic Purchases Deflator
September 30, 2026 There are many different deflators that are available. This one is for gross domestic purchases which measures prices paid by U.S. residents. It is the one measure of inflation that the Commerce Department talks about when it releases the GDP...
Personal Income and Consumption Expenditures — Monthly
September 30, 2026 Personal income rose 0.2% in August after gaining 0.3% in July. In the past year personal income has climbed 4.0%. The growth in income is being fueled by wages which rose 0.3% in both July and August.. In the past year wages have risen 4.2%....
ADP Employment
September 30, 2026 As shown above the ADP survey shows a respectable correlation with the private sector portion of the payroll employment data to be released a couple of days later. And well it should. ADP, or Automatic Data Processing, Inc. is a provider of...
Corporate Profits
September 30, 2026 Corporate profits from current production (corporate profits before tax with inventory valuation and capital consumption adjustments) rose $384 billion in the second quarter which works out to an 8.9% annual rate after rising at a 1.5% pace in...
Consumer Confidence
September 29 2026 . The Conference Board reported that consumer confidence fell 6.7 points in September to 81.9 after declining 2.2 points in August. This is the lowest level of confidence since 2014. Senior Economist at the Conference Board, Dana Peterson, said,...
Case Shiller Index of Home Prices
September 29, 2026 The seasonally adjusted Case Shiller Index of Home Prices in 20 cities was unchanged in July after having risen 0.4% in June. Prices have risen 2.5% in the past year. The National Index which is a slightly broader measure of home price rose 0.2%...
Job Openings
September 29, 2026 The Labor Department reported that job openings declined 256 thousand in August to 7,070 thousand after having risen 153 thousand in July. They are currently slightly above the 7,000 thousand level that existed prior to the recession. As shown...
Follow Me