{"id":181,"date":"2009-07-09T10:11:00","date_gmt":"2009-07-09T14:11:00","guid":{"rendered":"http:\/\/www.intuitiveinvestor.com\/web\/?p=181"},"modified":"2018-08-23T09:37:03","modified_gmt":"2018-08-23T13:37:03","slug":"various-economic-data-mostly-positive","status":"publish","type":"post","link":"https:\/\/jasonapollovoss.com\/web\/2009\/07\/09\/various-economic-data-mostly-positive\/","title":{"rendered":"Various economic data mostly positive"},"content":{"rendered":"<p><span style=\"font-size: 16px;\">Today quite a lot of economic data hit the news. Here is a summary of stuff&#8230;<\/span><\/p>\n<ul>\n<li><span style=\"font-size: 16px;\">New claims for <span id=\"SPELLING_ERROR_0\" class=\"blsp-spelling-error\">unemployment<\/span> last week were at their lowest level of the year. The claims are measured using data from the states. Obviously this is a positive sign. On a 4-week basis the claims also dropped. This data point is highly volatile because it is not just a raw number and includes estimates and adjustments from government analysts. It was last week&#8217;s version of this number that sent the financial markets into a renewed panic mode.<\/span><\/li>\n<li><span style=\"font-size: 16px;\">Wholesale inventories fell again. This is a positive sign because it means that the excess amount of goods that businesses have on hand are slowly <span id=\"SPELLING_ERROR_1\" class=\"blsp-spelling-error\">disappearing<\/span>. That has to happen before those same businesses will invest in <span id=\"SPELLING_ERROR_2\" class=\"blsp-spelling-error\">manufacturing<\/span> more goods.<\/span><\/li>\n<li><span style=\"font-size: 16px;\">Quite a few retailers reported their sales figures. These numbers compare the past month&#8217;s sales with the year <span id=\"SPELLING_ERROR_3\" class=\"blsp-spelling-error\">prior&#8217;s<\/span> sales. Not <span id=\"SPELLING_ERROR_4\" class=\"blsp-spelling-error\">surprisingly<\/span> these figures were mostly all down. Why? Because the figures were compared to last year&#8217;s month of June when most of us all received government stimulus checks. That said, many retailers are seeing high-single digit to low-double digit drops in their sales. There is increasing evidence that the U.S. consumer is weaning himself\/herself from rampant shopping. Short-term this is a bad thing. Long-term this is a good thing.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-size: 16px;\">Net, I would call these data neutral. Some big companies have begun reporting and there will be lots of information there to help us all get a better sense of where the economy is truly headed.<\/span><\/p>\n<p><span style=\"font-size: 16px;\">Jason<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Today quite a lot of economic data hit the news. Here is a summary of stuff&#8230; New claims for unemployment last week were at their lowest level of the year. The claims are measured using data from the states. Obviously this is a positive sign. On a 4-week basis the claims also dropped. This data [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[3],"tags":[],"class_list":["post-181","post","type-post","status-publish","format-standard","hentry","category-the-blog"],"_links":{"self":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/posts\/181","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/comments?post=181"}],"version-history":[{"count":0,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/posts\/181\/revisions"}],"wp:attachment":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/media?parent=181"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/categories?post=181"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/tags?post=181"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}