http://pragcap.com/thoughts-on-this-mornings-data-10 Sun, 12 Feb 2012 04:27:37 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://pragcap.com/thoughts-on-this-mornings-data-10/comment-page-1#comment-6866 Paul Fri, 09 Oct 2009 01:15:02 +0000 http://pragcap.com/?p=10442#comment-6866 It has been a long time Jobless claims came in over 500K. We have been in recession for 2 years.... It has been a long time Jobless claims came in over 500K. We have been in recession for 2 years….

]]> http://pragcap.com/thoughts-on-this-mornings-data-10/comment-page-1#comment-6824 MS Thu, 08 Oct 2009 16:20:50 +0000 http://pragcap.com/?p=10442#comment-6824 Spending is very highly correlated to wage growth and the job market. That's why the monthly jobs data is the most important report each month. Spending is very highly correlated to wage growth and the job market. That’s why the monthly jobs data is the most important report each month.

]]> http://pragcap.com/thoughts-on-this-mornings-data-10/comment-page-1#comment-6823 Tyler Thu, 08 Oct 2009 16:17:15 +0000 http://pragcap.com/?p=10442#comment-6823 Does anyone know how employment/hours-worked/wages have compared to retail sales (or revenue) historically? I understand that the YoY comparisons are comparing Armageddon to present, but can employment and retail sales (or revenue) be inversely correlated? ... nevermind reduced household credit ..... Does anyone know how employment/hours-worked/wages have compared to retail sales (or revenue) historically? I understand that the YoY comparisons are comparing Armageddon to present, but can employment and retail sales (or revenue) be inversely correlated? … nevermind reduced household credit …..

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