http://stockmarketbeat.com/blog1/2006/03/10/bureau-of-labor-statistics-pretty-sure-people-got-jobs-last-month/ Our beat: The stock market. Our job: Beat it. Fri, 21 Nov 2008 23:47:36 +0000 http://wordpress.org/?v=2.2.1 http://stockmarketbeat.com/blog1/2006/03/10/bureau-of-labor-statistics-pretty-sure-people-got-jobs-last-month/#comment-32629 Durable Goods: Pockets of Strength - Stock Market Beat - Our beat: The stock market. Our job: Beat it. Thu, 24 May 2007 16:14:36 +0000 http://stockmarketbeat.com/blog1/2006/03/10/bureau-of-labor-statistics-pretty-sure-people-got-jobs-last-month/#comment-32629 [...] I frequently criticize the way economic data are reported (seasonally adjusted, month-to-month change) and the way they are often interpreted. In this case, it seems that both are painting a picture that is consistent with my own read - weakening but not too weak. Here is the chart of overall durables measured as the unadjusted year/year change as illustration: [...] […] I frequently criticize the way economic data are reported (seasonally adjusted, month-to-month change) and the way they are often interpreted. In this case, it seems that both are painting a picture that is consistent with my own read - weakening but not too weak. Here is the chart of overall durables measured as the unadjusted year/year change as illustration: […]

]]> http://stockmarketbeat.com/blog1/2006/03/10/bureau-of-labor-statistics-pretty-sure-people-got-jobs-last-month/#comment-7782 Jobs Growth Still Looks Like its Weakening - Stock Market Beat - Our beat is the stock market. Our job is to beat it. Mon, 11 Dec 2006 00:02:49 +0000 http://stockmarketbeat.com/blog1/2006/03/10/bureau-of-labor-statistics-pretty-sure-people-got-jobs-last-month/#comment-7782 [...] The thing is, 132,000 is still well within the margin of error. The charts below give a good idea of the overall trend. [...] […] The thing is, 132,000 is still well within the margin of error. The charts below give a good idea of the overall trend. […]

]]> http://stockmarketbeat.com/blog1/2006/03/10/bureau-of-labor-statistics-pretty-sure-people-got-jobs-last-month/#comment-1759 Stock Market Beat » Blog Archive » Talk About a Misleading Headline (Durable Goods Orders) Thu, 24 Aug 2006 15:02:23 +0000 http://stockmarketbeat.com/blog1/2006/03/10/bureau-of-labor-statistics-pretty-sure-people-got-jobs-last-month/#comment-1759 [...] Durable goods orders fell 2.4 percent in July New orders for U.S.-made durable goods fell a much greater-than-expected 2.4 percent in July as civilian aircraft and car orders tumbled, a government report showed on Thursday. If any report could serve to remind us why we prefer to look at the year/year change in non-seasonally adjusted data, this one was it. The seasonal adjustments, normal volatility and uncertainty as to whether these advance reports will be adjusted dramatically, combine to make the month/month headline data next to worthless. [...] […] Durable goods orders fell 2.4 percent in July New orders for U.S.-made durable goods fell a much greater-than-expected 2.4 percent in July as civilian aircraft and car orders tumbled, a government report showed on Thursday. If any report could serve to remind us why we prefer to look at the year/year change in non-seasonally adjusted data, this one was it. The seasonal adjustments, normal volatility and uncertainty as to whether these advance reports will be adjusted dramatically, combine to make the month/month headline data next to worthless. […]

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