With the employment situation release, we have a first reading on April conditions.
Category Archives: employment
Wisconsin Economic Activity and Inflation
Latest employment, coincident indices:
March Employment Indicators for Nonfarm Payroll
The employment surprise in context.
Wisconsin End-of-2023 Surge
From BEA state level data released on Friday. GDP grows 4.2% SAAR, Chained CPI deflated wages and salaries by 1.9%; Year-on-Year, 1.5% and 3.0% respectively. While NFP only grew 0.9% q/q AR, the Philadelphia Fed’s early benchmark measure of NFP grew 1.5%.
February 2024 Wisconsin Economic Outlook Forecast
Released today. Continued growth in employment, GDP, based on national trends and outlook from SPGMI (report here).
Wisconsin Employment in February: Continued Growth
Employment still outstripping the November Wisconsin DoR forecast, based on SPGMI national outlook.
Wisconsin Employment Outperforming DoR November Forecast
As the nation outperforms, so too does Wisconsin. Employment exceeds the DoR November forecast.
Why I Don’t Put Too Much Weight on the State Level Household Survey Employment Series
Just a picture:
Wisconsin Employment in January
January employment numbers, incorporating annual revisions, are out for Wisconsin. Here’s a picture of some indicators.
The Employment Situation Release and Business Cycle Indicators for February
January NFP employment growth surprises on the upside, at +275 vs. +198 thousands consensus. With combined downward revisions in the prior two months totaling 168 thousand, the level of employment is just about consistent with implied consensus. Here’s a picture of key indicators followed by the NBER’s Business Cycle Dating Committee, plus monthly GDP and GDPNow.