Monday, November 11, 2019

Las Vegas: Convention Attendance and Visitor Traffic up Slightly in 2019 Through September

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During the recession, I wrote about the troubles in Las Vegas and included a chart of visitor and convention attendance: Lost Vegas . Sinc...

U.S. Heavy Truck Sales up 3% Year-over-year in October

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The following graph shows heavy truck sales since 1967 using data from the BEA. The dashed line is the October 2019 seasonally adjusted annu...

LA area Port Traffic Down Year-over-year in October

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Special note: The expansion to the Panama Canal was completed in 2016 (As I noted a few years ago ), and some of the traffic that used the ...
Sunday, November 10, 2019

Sunday Night Futures

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Thank you to all the veterans! Especially to my 97 years young father who flew a Corsair off the USS Bennington in the Pacific during WWII, ...

Update on Yield Curve

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Back in August I wrote: Don't Freak Out about the Yield Curve I noted that I wasn't even on recession watch! First, here is a gr...
Saturday, November 09, 2019

Schedule for Week of November 10, 2019

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The key economic reports this week are October CPI and Retail Sales. For manufacturing, October industrial production, and the November Ne...
Friday, November 08, 2019

AAR: October Rail Carloads down 8.4% YoY, Intermodal Down 7.8% YoY

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From the Association of American Railroads (AAR) Rail Time Indicators . Graphs and excerpts reprinted with permission . A combination of ...
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Early Q4 GDP Forecasts: 0.7% to 2.1%

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From Goldman Sachs: [O]ur Q4 GDP tracking estimate declined by one-tenth to +2.1% (qoq ar), and we increased our past-quarter GDP trackin...

Hotels: Occupancy Rate Decreased Year-over-year

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From HotelNewsNow.com: STR: US hotel results for week ending 2 November The U.S. hotel industry reported nearly flat year-over-year result...
Thursday, November 07, 2019

Seattle Real Estate in October: Sales up 7.6% YoY, Inventory down 9.3% YoY

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The Northwest Multiple Listing Service reported Sparse supply spurring more competition among motivated home buyers in Western Washington ...