Tuesday, October 8, 2013

The Signs of Recovery

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

4 comments:

fudge_hend said...

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

Stagflationary Mark said...

fudge_hend,

Nice!

Signs theme ;)

TJandTheBear said...

Signs as signs? Brilliant! :-)

Stagflationary Mark said...

TJandTheBear,

I can't seem to resist a good pun! (Or perhaps even a bad one, lol.)