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
at

4 comments:

  1. fudge_hendOctober 8, 2013 at 4:58 PM

    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

    ReplyDelete
  2. Stagflationary MarkOctober 8, 2013 at 5:02 PM

    fudge_hend,

    Nice!

    Signs theme ;)

    ReplyDelete
  3. TJandTheBearOctober 8, 2013 at 9:51 PM

    Signs as signs? Brilliant! :-)

    ReplyDelete
  4. Stagflationary MarkOctober 9, 2013 at 12:24 AM

    TJandTheBear,

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

    ReplyDelete