Recent Updates
- France: **France Wages and Earnings Rebased to Q2-2017=100**
- Flash PMIs: Japan, France, Germany, Euro Area, US (Sep)
- Canada: CPI (Aug), Retail Trade (Jul)
- Canada Regional: CPI by Province (Aug), Retail Trade by Province (Jul)
- Norway: International Reserves (Aug), Government Debt (Q2); Finland: Quarterly Sector Accounts, Government Balance (Q2); Denmark: Property Price Indexes (Q2); Iceland: Wage Index (Aug)
- Turkey: IIP & Intl Reserves (Jul); South Africa: Retail Survey (Q4); Mauritius: PPI (Jun); Lebanon: CPI (Aug)
- more updates...
Economy in Brief
EMU Sinks on New Flash PMI Readings
The EMU PMI sank to its cyclical low in mid-2016 then hit its cycle higher in 2018...
U.S. Financial Accounts See Borrowing Ease with Downswing in Federal Government Needs
Borrowing in U.S. financial markets slowed in Q2 2018...
U.S. Leading Economic Indicators Increase
The Conference Board's Composite Index of Leading Economic Indicators increased 0.4% (6.4% y/y)...
U.S. Existing Home Sales Hold Steady
The National Association of Realtors reported that sales of existing homes during August were unchanged at 5.340 million (SAAR, -1.5%)....
Philadelphia Fed Factory Conditions Improve; Prices Weaken Again
The Philadelphia Fed that its General Factory Sector Business Conditions Index rose to 22.9 during September...
by Tom Moeller August 10, 2015
The Labor Market Conditions Index from the Federal Reserve Board includes 19 indicators of labor market activity, covering the broad categories of unemployment and underemployment. These include jobs, workweeks, wages, vacancies, hiring, layoffs, quits and surveys of consumers and businesses. Because the trends in the index are slow-moving, Haver presents only the changes in the index. All are measured monthly and have been seasonally adjusted.
During July, the change in the index held fairly steady at 1.1. That left growth only slightly above this Winter's lows and nearly the weakest since Q2 2012.
The data are available in Haver's SURVEYS database.
| Labor Market Conditions Index | Jul | Jun | May | Jul'14 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|
| Monthly Index Change | 1.1 | 1.4 | 1.0 | 3.3 | 5.4 | 4.0 | 3.7 |
