The following chart shows the 12-month moving average of annualized production and nonsupervisory sign (durable goods) employee minutes worked per capita.
Click to enlarge.
New businesses need signs. Right?
The signs aren't looking so good, both short-term and long-term.
Update:
After further review, I noticed that the chart's data was per capita and not per 1,000 people. That's been fixed.
Source Data:
BLS: Employment
St. Louis Fed: Population
Real Estate Newsletter Articles this Week: Existing-Home Sales Increased to
4.15 million SAAR in November
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At the Calculated Risk Real Estate Newsletter this week:
[image: Existing Home Sales]*Click on graph for larger image.*
• NAR: Existing-Home Sales Increase...
11 hours ago
4 comments:
What, no obligatory Signs songs?http://www.youtube.com/watch?v=BrmT4KQe_pM
http://www.youtube.com/watch?v=gklM1AiZX0s
http://www.youtube.com/watch?v=gklM1AiZX0s
fudge_hend,
Nice!
Signs theme ;)
Signs as signs? Brilliant! :-)
TJandTheBear,
I can't seem to resist a good pun! (Or perhaps even a bad one, lol.)
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