February 20, 2017
There is nothing so powerful as truth, and often nothing so strange.
- Daniel Webster
Real incomes are rising in the US. The trend is not a straight line, as evidenced by the chart below. The median annual earnings trend (adjusted for inflation) shows that there are periods when the trend...
February 9, 2017
“There is little doubt that there is a need for increased infrastructure spending in the US. Roads, bridges, energy generation and distribution, railways, and water systems are just a part of the picture. The increase will translate into more jobs and more business for contractors and material...
January 31, 2017
Does ITR have any current published thoughts or economic trade impact scenarios you could share?
Withdrawing from the TTP process and potentially altering NAFTA has a lot of political overtones that are far more immediate than the economic implications. That is not to say that we haven’t seen...
January 17, 2017
The good news for the economy continues to come in. We have leading indicators that are going up. Corporate profits are on the rise. GDP is growing at a faster pace. Housing activity is strong and industrial activity is starting to recover.
The economy is gearing up for a better 2017 and we...
January 5, 2017
For Immediate Release: 01/05/2017
ITR Economics Celebrates Its Newest Service...
December 14, 2016
The stock market is ascending with record highs reported almost daily. The positive trend is a valid positive economic signal for 2017. We think the market is likely to continue in its positive trend for the following reasons:
o The rate-of-change signature is positive (the market has...
November 15, 2016
Mr. Trump’s election as the next President certainly caught many of us by surprise. However, it really does not change our outlook for 2017. The leading indicators were going up before the election and we expect they will rise post-election as well. We have been forecasting general economic rise in...
October 18, 2016
August data for US Nondefense Capital Goods New Orders (excluding aircraft) rebounded from a dismal July. August came in 9.0% higher than July; a better-than-normal increase for the month. New Orders for the month are 0.9% lower than the year-ago figure, so we clearly are not out of the woods yet...
October 3, 2016
Corporate Profit data from the Bureau of Economic Analysis (BEA) for the second quarter was released on September 29th. We were anxiously awaiting the data to help us determine if the recovery trend in share prices is supported by improving profits or if the rising trend is perhaps more a function...
September 13, 2016
It has been two months since the Brexit vote. The news is good. The wheels have not come off the proverbial economic cart for continental Europe or the United Kingdom.
The Organization for Economic Cooperation and Development (OECD) in Paris released their first batch of leading indicator data...