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Consumer Electronic Prices Still Lagging Increasing CPI Inflation

December 12, 2019 by Jonathan Custer

The BLS announced this morning the CPI rose 0.3 percent in November, increasing 2.1 percent over the last 12 months. The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.3 percent in November on a seasonally adjusted basis, after rising 0.4 percent in October, the U.S. Bureau of Labor Statistics reported today. Over the …

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Are Electronic Payrolls Bottoming?

December 10, 2019 by Jonathan Custer

Computer and electronic product payrolls, which made up 18 percent of total durable manufacturing jobs in 1990 and have fallen to 13.6 percent in November,  appear to be putting in a relative bottom.   The electronics sector with respect to U.S. employment has been hit much harder than overall manufacturing as illustrated in the following chart. …

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U.S. November Jobs Data Strong: Payrolls Up 266k, Unemployment Rate 3.5%

December 6, 2019 by Jonathan Custer

U.S. payrolls increased 266,000 in October, the most since January, after an upward revision of 156,000 for the prior month, and topping estimates of 180,000 jobs. It was the first full month that General Motors Co. workers returned to work after a 40-day strike, adding 41,300 to automaker payrolls following a similar drop the prior …

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