St. Louis and NY Feds have new nowcasts.
Michigan Consumer Sentiment Up, Inflation Expectations Down
Real Average Wages
On the rise:
Scary Movie: Pseudo-Economics Edition
EJ Antoni/Heritage presents this picture which should scare the beejeebus out of us.
Nationwide Grocery Prices at 2024M01 Levels
From the CPI release:
Instantaneous Core Inflation, with PPI and Nowcasted PCE Deflator
With the PPI release, and Cleveland Fed PCE nowcast as of today:
Mackintosh/WSJ: “A Recession Signal Is Flashing Red. Or Is It?”
Article today on whether it matters if dis-inversion occurs because short rates fall, or long rates rise.
SIX Five Measures of Instantaneous Core Inflation
With August CPI release, we have core, chained core, supercore, and services supercore (via P. Skrzypczynski). PPI comes tomorrow.
The Net Petroleum Balance
In real dollars:
Gasoline Prices Down…
As recorded by EIA.