indicators

Weekly High Frequency Indicators: Slow Improvement Has Continued

Purpose

I look at the high frequency weekly indicators because while they can be very noisy, they provide a good nowcast of the economy and will telegraph the maintenance or change in the economy well before monthly or quarterly data is available. They are also an excellent way to “mark your beliefs to market.” In general, I go in order of long-leading indicators, then short-leading indicators, then coincident indicators.

A Note on Methodology

Data is presented in a “just the facts, ma’am” format with a minimum of commentary so that bias is minimized.

Where relevant, I include 12-month highs and lows in the data in parentheses to the right. All data taken from St. Louis FRED unless otherwise linked.

A few items (e.g., Financial Conditions indexes, regional Fed indexes, stock prices, the yield curve) have their own metrics based on long-term studies of their behavior.

Where data is seasonally adjusted, generally it is scored positively if it is within the top 1/3 of that range, negative in the bottom 1/3, and neutral in between. Where it is not seasonally adjusted, and there are seasonal issues, waiting for the YoY change to change sign will lag the turning point. Thus I make use of a convention: data is scored neutral if it is less than 1/2 as positive/negative as at its 12-month extreme.

With long-leading indicators, which by definition turn at least 12 months before a turning point in the economy as a whole, there is an additional rule: data is automatically negative if, during an expansion, it has not made a new peak in the past year, with the sole exception that it is scored neutral if it is moving in the right direction and is close to making a new high.

For all series where a graph is available,

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The Best Key Efficiency Indicators For Common Contractors

This text is concerning the ignoble and harmful artwork of electrickery. Before you even call up a contractor to do the home flipping for you, you could know precisely, in great element, what you want finished to the house. Do It Your self – Obviously, unless you’ve completed an identical mission before for someone else, the contractor wins arms down on expertise.

The expertise of the owner is important but all things being equal I go on a siding firm that has been in business for 2 or three years. Paramilitary contractors can work all around the world, both home and abroad. Omit the guarantee from a contract and you’ve got hassle: On new construction, leaving the guarantee out is taken into account a false statement and makes the contractor accountable for a fantastic as much as $10,000.

Governor Pawlenty signed a bill that affects each residence building and home enchancment contract in the state.Minnesota’s statutory guarantee now has to be written into your contract – three paragraphs of very exact language – one guarantee for new development and a distinct warranty for restore or house enchancment work.

For example, a roofing contractor ought to assure the roof won’t leak after the job for a set time period and should return to patch any areas of bother without paying additional monies, if the quality fails to dwell up to the work agreement. If the goal building is just not surrounded by other buildings and has empty areas surrounding it, then it turns into a quite simpler process for the demolition contractors to finish.

Business management expertise play a very important function in the success of an unbiased phlebotomist contractor. I remember on my first house flip, I spent weeks interviewing contractors and getting bids. Btw, I would contemplate an skilled …

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