Business Cycle Indicators – Final GDP, GDO, Personal Income
Original Report
From the releases today: Figure 1: Nonfarm payroll (NFP) employment preliminary benchmark revision (thin blue), NFP employment (bold blue), civilian employment with smoothed population controls (bold...
From the releases today: Figure 1: Nonfarm payroll (NFP) employment preliminary benchmark revision (thin blue), NFP employment (bold blue), civilian employment with smoothed population controls (bold orange), industrial production (red), personal income excluding current transfers in Ch.2017$ (bold light green), manufacturing and trade sales in Ch.2017$ (black), and monthly GDP in Ch.2017$ (pink),GDP (blue bars), all […]
Glass House Analysis
Labor market conditions shape the lived experience of millions of working families. When jobs are plentiful, workers have leverage to demand better wages and conditions; when they're scarce, the balance of power shifts to employers. This dynamic plays out daily in kitchen tables across America, where families make decisions about whether to ask for a raise, change jobs, or accept less-than-ideal conditions out of necessity.
International economic policy has concrete impacts far beyond diplomatic circles. Tariffs show up in the price of goods at stores, supply chain disruptions affect whether products are on shelves, and trade tensions can mean job losses in export-dependent industries. The globalized economy means that decisions made abroad can affect workers and consumers domestically.
The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.
Enjoyed this analysis?
Get the Glass House Briefing every morning—market news that actually makes sense, delivered free to your inbox.
No spam. Unsubscribe anytime.
More Stories
China’s Huatai Is Seeking to Start Securities Business in Japan
Huatai Securities Co., one of China’s largest brokerages, is preparing to start a securities business in Japan as a revival in the country’s financial markets draws firms from around the world.
‘I plan to exit corporate life’: I’m 50 and have $400,000. My wife is a teacher. Can I retire at 55?
“I would like to stop working in about five years to spend more time with our child and support my wife.”
Colombian Inflation Quickens, Raising Odds of Further Rate Rises
Colombian inflation accelerated more than expected to its fastest pace since 2024, boosting the likelihood that the central bank will continue raising interest rates this month.
Stock futures slip as traders monitor fragile ceasefire between U.S. and Iran: Live updates
Stocks extended their rally on Thursday after President Donald Trump agreed to a two-week ceasefire with Iran.