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Let's Track the Economy (with objective empirical data?)

essentialsaltes

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The U.S. added 119,000 jobs in September, according to data from the U.S. Bureau of Labor Statistics. That figure marked an acceleration from the previous month, and it exceeded an average of nearly 100,000 jobs added per month over the first half of 2025.

The report included a downward revision for the month of August, however, slashing performance from 22,000 jobs gained that month to 4,000 jobs lost.

The unemployment rate ticked up to 4.4%, which marks the highest level since October 2021.
 
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essentialsaltes

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US consumer confidence tanks in November as Americans see more financial pain ahead

The Conference Board’s reading hit 88.7 in November, down 6.8 points from October’s level of 95.5.

[That's the lowest since April, when LIBERATION DAY sent people into panic. One more drop like November's and it'll be the lowest level in 10 years.]

Its measure of consumers’ short-term expectations for income, business, and labor market conditions also dragged lower to 63.2, remaining well below the threshold of 80 that the Conference Board says typically signals a recession ahead. November was the 10th consecutive month with a reading below 80.
 
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essentialsaltes

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Trump Canceling GDP Report Comes Under Scrutiny

The U.S. Bureau of Economic Analysis said on Monday that it has canceled the release of its advance estimate of third-quarter GDP. [And no future release date has been set.]

The department said the release was being canceled due to disruption caused by the federal government shutdown, but the announcement has sparked criticism and speculation that the report is being held because of disappointing data.
 
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Pommer

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Trump Canceling GDP Report Comes Under Scrutiny

The U.S. Bureau of Economic Analysis said on Monday that it has canceled the release of its advance estimate of third-quarter GDP. [And no future release date has been set.]

The department said the release was being canceled due to disruption caused by the federal government shutdown, but the announcement has sparked criticism and speculation that the report is being held because of disappointing data.
It’s a good thing that the American economy isn’t in thrall to Official Government Reports that shed light on what is going on in the American economy!
0h wait…
 
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Akita Suggagaki

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Trump Canceling GDP Report Comes Under Scrutiny

The U.S. Bureau of Economic Analysis said on Monday that it has canceled the release of its advance estimate of third-quarter GDP. [And no future release date has been set.]

The department said the release was being canceled due to disruption caused by the federal government shutdown, but the announcement has sparked criticism and speculation that the report is being held because of disappointing data.
Thanks for keeping up on this.
 
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