Weekly data and Google/Big Data for the US economy through July 16 (follow up first part, the second part, the third part, the fourth part, the fifth partand “so you think we might be in a recession by mid-June”, first part and the second part).
resource: the Fed is gone Fred.
resource: OECD.
Discussion at Lewis-Mertens-Stock WEI here and OECD Weekly Tracker here.
This is Baumeister et al. Weekly Economic Conditions Index as of June 25.
resource: Baumeister et al. WECI.
Here’s a snapshot of some of the key business cycle metrics the NBER’s BCDC focuses on:
figure 1: Nonfarm employment (dark blue), industrial production (red), 2012 personal income excluding transfers (green), 2012 manufacturing and trade sales (black), 2012 consumption (light blue), and 2012 Monthly GDP (pink) for January 2021, all log normalized to 2021M06=0. Sources: BLS, Federal Reserve, BEA, via FRED, IHS Markit (nee Macroeconomic Advisers) (published July 1, 2022), NBER, and author’s calculations.
