Signing Off

The Lehmann Letter (SM) I am deeply involved in a research project examining the relationship of the nation’s balance sheet and GDP. The blog diverts time and energy best spent on the research. So I am discontinuing this blog. Thank you for your attention over the past decade. Yours truly, Mike Lehmann Questions or comments? Contact Mike Lehmann at lehmannm@usfca.edu. (To be fully informed visit http://www.beyourowneconomist.com/) © 2018 Michael B. Lehmann

January Publication Schedule

The Lehmann Letter (SM) Here are some indicators worth watching in the New Year. ECONOMIC INDICATOR PUBLICATION SCHEDULE January 2018 Source Series Description Day & Date Quarterly Data Bureau of Economic Analysis of the U.S. Department of Commerce GDP Fri, 26th Monthly Data Institute for Supply Management Purchasing managers’ index Tue, 2nd Bureau of Economic Analysis of the U.S. Department of Commerce New-vehicle sales (Approximate) Wed, 3rd Bureau of Labor Statistics of the U.S. Department of Labor Employment Fri, 5th Federal Reserve System Consumer credit (Approximate) Mon, 8th Bureau of Labor Statistics of the U.S. Department of Labor Producer prices Continue reading

December Publication Schedule

The Lehmann Letter (SM) Happy Holidays!  ECONOMIC INDICATOR PUBLICATION SCHEDULE  December 2017  Source (* below)……Series Description……Day & Date  Quarterly Data BLS…. Productivity & Costs….Wed, 6th BEA…US International Transacs…Tue, 19th BEA……….GDP & Profits…..……Thu, 21st Monthly Data ISM..Purchasing managers’ index…Fri, 1st BEA…New-vehicle sales…(Approx). Tue, 5th Fed…Consumer credit..(Approximate).Thu, 7th BLS………….Employment…………   Fri, 8th BLS…………Producer prices……. Tue, 12th BLS……….Consumer prices.….. Wed, 13th Census………….Inventories………. Thu, 14th Fed……….Capacity utilization……Fri, 15th Census………Housing starts…….Tue, 19th NAR………Existing-home sales….Wed, 20th Census……….Capital goods…….. Fri, 22nd Census……..New-home sales…… Fri, 22nd Conf Bd….Consumer confidence.. Tue, 26th *BEA = Bureau of Economic Analysis of the U.S. Department of Commerce *BLS = Bureau of Labor Statistics Continue reading

November Publication Schedule

The Lehmann Letter (SM) How much further can tax cuts take us? Happy Halloween! ECONOMIC INDICATOR PUBLICATION SCHEDULE  November 2017  Source (* below)……Series Description……Day & Date  Quarterly Data BLS……….Productivity………….Thu, 2nd BEA……….GDP & Profits…..……Wed, 29th Monthly Data ISM..Purchasing managers’ index…Wed, 1st BEA.New-vehicle sales.(Approximate).Fri, 3rd BLS………….Employment…………   Fri, 3rd Fed. Consumer credit..(Approximate).Tue, 7th BLS…………Producer prices……. Tue, 14th Census………….Inventories………. Wed, 15th BLS……….Consumer prices.….. Wed, 15th Fed……….Capacity utilization……Thu, 16th Census………Housing starts…….Fri, 17th NAR………Existing-home sales….Tue, 21st Census……….Capital goods…….. Wed, 22nd Census……..New-home sales…… Mon, 27th Conf Bd….Consumer confidence.. Tue, 28th *BEA = Bureau of Economic Analysis of the U.S. Department of Commerce *BLS = Bureau of Labor Continue reading

November Publication Schedule

The Lehmann Letter (SM) How much further can tax cuts take us?   Happy Halloween! ECONOMIC INDICATOR PUBLICATION SCHEDULE November 2017 Source (* below)……Series Description……Day & Date Quarterly Data BLS……….Productivity………….Thu, 2nd BEA……….GDP & Profits…..……Wed, 29th Monthly Data ISM..Purchasing managers’ index…Wed, 1st BEA.New-vehicle sales.(Approximate).Fri, 3rd BLS………….Employment…………   Fri, 3rd Fed. Consumer credit..(Approximate).Tue, 7th BLS…………Producer prices……. Tue, 14th Census………….Inventories………. Wed, 15th BLS……….Consumer prices.….. Wed, 15th Fed……….Capacity utilization……Thu, 16th Census………Housing starts…….Fri, 17th NAR………Existing-home sales….Tue, 21st Census……….Capital goods…….. Wed, 22nd Census……..New-home sales…… Mon, 27th Conf Bd….Consumer confidence.. Tue, 28th *BEA = Bureau of Economic Analysis of the U.S. Department of Commerce *BLS = Bureau of Continue reading

October Publication Schedule

The Lehmann Letter (SM) ECONOMIC INDICATOR PUBLICATION SCHEDULE  October 2017  Source (* below)……Series Description……Day & Date Quarterly Data BEA………….GDP…………..……Fri, 27th Monthly Data ISM..Purchasing managers’ index…Mon, 2nd BEA.New-vehicle sales.(Approximate).Wed, 4th BLS………….Employment…………   Fri, 6th Fed. Consumer credit..(Approximate).Fri, 6th BLS…………Producer prices……. Thu, 12th Census………….Inventories………. Fri, 13th BLS………….Consumer prices.…..Fri, 13th Fed……….Capacity utilization……Tue, 17th Census………Housing starts…….Wed, 18th NAR………Existing-home sales….Fri, 20th Census……..New-home sales……Wed, 25th Census……….Capital goods…….. Wed, 25th Conf Bd….Consumer confidence.. Tue, 31st *BEA = Bureau of Economic Analysis of the U.S. Department of Commerce *BLS = Bureau of Labor Statistics of the U.S. Department of Labor *Census = U.S. Bureau of the Census *Conf Bd Continue reading

September Publication Schedule

The Lehmann Letter (SM) Here are the data you should track. The blogger remains involved in an independent research project. ECONOMIC INDICATOR PUBLICATION SCHEDULE  September 2017  Source (* below)……Series Description……Day & Date  Quarterly Data BLS…Productivity & Costs ….Thu, 1st BEA…International transacs…Tue, 19th BEA……..….GDP ..……..…Thu, 28th BEA……..….Profits ..……..… Thu, 28th Monthly Data ISM..Purchasing managers’ index…Fri, 1st BEA.New-vehicle sales.(Approximate).Wed, 6th BLS………….Employment…….…   Fri, 1st Fed……. Consumer credit…………Fri, 8th BLS…………Producer prices……. Wed, 13th Census………….Inventories…….. Wed, 13th Fed……….Capacity utilization……Fri, 15th BLS……….Consumer prices.……. Thu, 14th Census………Housing starts…….Tue, 19th NAR………Existing-home sales….Wed, 20th Census……..New-home sales…… Tue, 26th Conf Bd….Consumer confidence.. Tue, 26th Census……….Capital goods…….. Wed, 27th *BEA = Continue reading

August Publication Schedule

The Lehmann Letter (SM) There’s been a lot said about the economy cooling. The data will point the way. ECONOMIC INDICATOR PUBLICATION SCHEDULE  August 2017  Source (* below)……Series Description……Day & Date  Quarterly Data BLS…Productivity & Costs ….Wed, 9th BEA……..….GDP ..……..…Wed, 30th BEA……..….Profits ..…….… Wed, 30th Monthly Data ISM..Purchasing managers’ index…Tue, 1st BEA.New-vehicle sales.(Approximate).Thu, 3rd BLS………….Employment…….…   Fri, 4th Fed. Consumer credit..(Approximate).Mon, 7th BLS…………Producer prices……. Fri, 10th BLS……….Consumer prices.……. Fri, 11th Census………….Inventories…….. Tue, 15th Census………Housing starts…….Wed, 16th Fed……….Capacity utilization……Thu 17th Census……..New-home sales…… Wed, 23rd NAR………Existing-home sales….Thu, 24th Census……….Capital goods…….. Fri, 25th Conf Bd….Consumer confidence.. Tue, 29th  *BEA = Bureau of Economic Analysis Continue reading

Research Project

The Lehmann Letter (SM) The blogger has set aside his blog in order to complete a research project. The project entails an examination of historical changes in the U.S. balance sheet and the impact of these changes on the U.S. economy. There will be periodic updates. Questions or comments? Contact Mike Lehmann at lehmannm@usfca.edu. (To be fully informed visit http://www.beyourowneconomist.com/) © 2017 Michael B. Lehmann

July Publication Schedule

The Lehmann Letter (SM) Can Alphabet (Google), Amazon, Apple, Facebook and Microsoft drive the stock market forever? Can Jack’s beanstalk reach the sky? Doesn’t seem likely. Signs of a peak abound: High P/E ratio and a peak in profits and profit margins, high real-estate prices, stagnant residential construction and home sales, sluggish capital spending, softer auto sales, a peak in capacity utilization. See below. ECONOMIC INDICATOR PUBLICATION SCHEDULE  July 2017  Source (* below)……Series Description……Day & Date  Quarterly Data BEA……..….GDP ..……..…Fri, 28th Monthly Data ISM..Purchasing managers’ index…Mon, 3rd BEA.New-vehicle sales.(Approximate).Thu, 6th BLS………….Employment…….…   Fri, 7th Fed. Consumer credit..(Approximate).Mon, 10th BLS…………Producer prices……. Thu, Continue reading