XMAS 2015 LOOKS BLEAK. BLACK FRIDAY IS SHAPING UP TO BE MORE LIKE BLACK MONDAY, 1929

Over at my all-nerdy stats and charts site, the True Dollar Journal™, I put up charts from the 2015 October Advance Retail Sales Report for September data that reveal how much Americans are still living in the Greatest Depression.

Check it out at The Horrible October 2015 Advance Retail Sales Report Foreshadows a Bad Christmas.

Read more ...

JUNE 2015 MANUFACTURERS' SHIPMENTS, INVENTORIES, AND ORDERS — NEW ORDERS. IT'S ALMOST ALL DARK WITH A FEW RAYS OF HOPE.

So, the worker bees at the Bureau of the Census have released the April data for the June 2015 Manufacturers' Shipments, Inventories, and Orders report.

After putting the data in True Dollars™, for new orders, the change from the previous month looks bad along with the change from the previous year as well as from five years ago. Only the change from the previous quarter looks good.



There are a few bright spots, though. It is from here that a basis of true recovery likely is forming.

The industries that are showing consistent bettering are construction materials, electric components, industrial machinery, material handling, ferrous metal foundries, iron and steel mills.

Read more ...