‘full-employment Archives - Citizen Watch Report

New orders for manufactured goods increased, breaking ‘Full-Employment Recession’ narrative.

June 5, 2023 7:03 pm

by Dismal-Jellyfish https://www.census.gov/manufacturing/m3/prel/pdf/s-i-o.pdf Highlights: New orders for manufactured goods in April, up four of the last five months, increased $2.6 billion or 0.4 percent to $577.5 billion, the U.S. Census Bureau reported today. This followed a 0.6 percent March increase. …

This weeks changing definition of recession: ‘Full-Employment Recession’

June 5, 2023 8:57 pmJune 5, 2023 9:15 am

by Dismal-Jellyfish Source: https://www.wsj.com/articles/get-ready-for-the-full-employment-recession-bc9937a5 Federal Reserve Alert! Get ready for a new ‘recession’ definition! From today’s Fed beige book – May 31, 2023: “Demand for transportation services was down, especially in trucking, where contacts reported there was a “freight recession.”” …