by NelsonCorp Wealth Management | May 6, 2022 | Chart of the Week
U.S. workers got a lot less productive in the first quarter of this year. According to the latest figures from the Labor Department, nonfarm business employee output per hour—or simply labor productivity—dropped by a 7.5% annual rate from the previous quarter,...
by NelsonCorp Wealth Management | Apr 29, 2022 | Chart of the Week
Listen closely, and you might hear chants of “King Dollar!” echoing faintly in the background. Why? Because the stealthy story unfolding in the financial markets over this past month has been the surge in the value of the U.S. dollar. As our chart of the week...
by NelsonCorp Wealth Management | Apr 22, 2022 | Chart of the Week
We’ve seen financial conditions tighten up a bit already during this new Fed tightening cycle, but so far, it hasn’t had too much of an effect on the real economy. However, that might be about to change. For example, our chart of the week above shows that real...
by NelsonCorp Wealth Management | Apr 15, 2022 | Chart of the Week
When it comes to measuring consumer confidence, the two best-known surveys are published by the University of Michigan and the Conference Board. Both are widely followed and respected, but they measure slightly different things. The Conference Board’s survey...
by NelsonCorp Wealth Management | Apr 8, 2022 | Chart of the Week
One of the weird things about the 2020 recession was that household balance sheets in the U.S. actually improved quite a bit. Not only did the personal savings rate skyrocket, but credit card debt plummeted as well. A combination of fiscal and monetary support...
by NelsonCorp Wealth Management | Apr 1, 2022 | Chart of the Week
The U.S. job market reminds me of the way the character Mugatu describes the male fashion model Hansel in the 2001 film Zoolander. “So hot right now.” Currently, there are around 11.3 million open jobs in the United States, compared to just 6.2...