Recent Updates
- US: Consumer Sentiment (May-final), Personal Income, Adv Trade & Inventories (Apr)
- China: Public Funds Asset Mgmt, SOE Economy Operation (Apr), Star Rated Hotels (Q1)
- Croatia: Retail Trade (Apr)
- more updates...
Economy in Brief
U.S. Advance Trade Deficit Narrowed Markedly in April
The advance estimate of the U.S. international trade deficit in goods narrowed to $105.9 billion in April...
As Inflation Overshoots, Are Central Banks Overdoing It?
This report is a reminder of how complicated inflation and monetary policy making can be...
U.S. GDP Decline is Little-Revised in Q1'22; Corporate Profits Fall
U.S. real GDP fell 1.5%, SAAR (+3.5% y/y) last quarter...
Kansas City Fed Manufacturing Index Dips in May But Remains Strong
The Kansas City Fed reported that its manufacturing sector business activity index declined to 23 in May...
U.S. Pending Home Sales Decline Sharply in April
Home buying remains under pressure...
Viewpoints
Commentaries are the opinions of the author and do not reflect the views of Haver Analytics.
by Tom Moeller November 9, 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 October, the change in the index held fairly steady at 1.6. 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 | Oct | Sep | Aug | Oct'14 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|
| Monthly Index Change | 1.6 | 1.3 | 1.9 | 6.0 | 5.4 | 4.0 | 3.7 |
