ISM Increases
A Closer Look At Banks; $100 - $300 Million
Let's continue our look at financial institutions by examining banks with assets between $100-$300 million.
Will We Ever Return to Full Employment?
A Closer Look at Smaller Banks; Banks Under $100 million
Let's start the new year with a look at smaller financial institutions. The Federal Reserve's St. Louis Branch breaks these down into banks under $100 million, banks between $100 - $300 million and total banks under $300 million.
My Reading List From 2010.
This is SilverOz. I have decided in a less economically related post to give a very brief synopsis of the books I have read this year in case anyone has similar interests. The title of each book will be a link to the amazon page.
Weekly Indicators: Happy New Year! Edition
- by New Deal democrat
The final week of 2010 ended with some long-in-coming good news, as Initial Jobless Claims dropped below 400,000 for the first time since before the 2008 crash. The 4 week average fell to 414,000.
In other news, the Chicago PMI was also a complete upside blowout, rising to the highest reading in over 20 years! Consumer confidence declined slightly. House prices continued to decline. On balance, I believe this is a good thing, as it makes housing more affordable (but I support bankruptcy cramdown legislation for existing homeowners).
Have a Safe And Happy New Year
To all our readers...
NDD is going to put up his weekly summation on Friday, but I think that's about it until next Monday. Until then, have a safe and happy New Years.
BD
Chicago PMI ends 2010 data with a BANG!
- by New Deal democrat
The Chicago Purchasing Managers reported that its Index
achieved its highest level since July 1988, expanding for the fifteenth consecutive month.
BUSINESS ACTIVITY:
- PRODUCTION reached its highest levels since October 2004;
- NEW ORDERS improved to 2005 levels;
- EMPLOYMENT reached its highest level in more than 5 years;
- PRICES PAID accelerated to its highest point since July 2008.
BUYING POLICY:
