Managing Partner at Econintersect LLC
Contributor's Links: Global Economic Intersection

Steven Hansen, Publisher and Co-founder of Econintersect, is an international business and industrial consultant specializing in turning around troubled business units; consults to governments to optimize process flows; and provides economic indicator analysis based on unadjusted data and ... more

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November 2017 CPI: Year-Over-Year Inflation Rate Now 2.2%
The year-over-year core inflation (excludes energy and food) rate was declined marginally to 1.7 % from last month's 1.8 %, and is below the target set by the Federal Reserve.
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November 2017 Producer Price Final Demand Year-Over-Year Inflation Again Increased
The Producer Price Index year-over-year inflation grew from 2.8 % to 3.1 %.
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November 2017 Conference Board Employment Index Growth Rate Declines
The decline in the Employment Trends Index in November comes after one of the largest monthly increases ever last month.
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December 2017 Initial Unemployment Claims Rolling Average Improves Marginally
The market expectations for weekly initial unemployment claims were 234 K to 245 K (consensus 240,000), and the Department of Labor reported 238,000 new claims.
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November 2017 ADP Job Growth Is 190,000
ADP reported non-farm private jobs growth at 190,000.
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3Q2017 (Final): Headline Productivity Again Shows Significant Gain
A simple summary of the headlines for this release is that there was significant growth of productivity while the labor costs contracted. We believe there is little growth in productivity.
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Latest Comments
August 2017 Headline Business Sales Improved
2 months ago

correct and the rolling averages slowed

Joe Sixpack's Situation In 2Q2017: The Average Joe Is Better Off
2 months ago

Absolutely - the lower end is just surviving from hand-to-mouth and this group is growing

April 2017 ADP Job Growth Is 177,000 - Near Expectations
7 months ago

your comment in this context is spot on.

April 2017 ADP Job Growth Is 177,000 - Near Expectations
7 months ago

this is a complex issue - i have a post which will be published on Saturday that details my position. most economists believe we are near full employment due to a demographic shift of the population [i do not but the demographic shift needs to be considered when using participation rates].

November 2016 Consumer Credit Headlines Say Year-Over-Year Growth Rate Accelerated
11 months ago

Agreed - to me it indicates that consumer spending growth is limited because of credit (especially with interest rates modest increase)

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Steven Hansen Commented on August 2017 Headline Business Sales Improved:

correct and the rolling averages slowed

Steven Hansen Commented on Joe Sixpack's Situation in 2Q2017: The Average Joe Is Better Off:

Absolutely - the lower end is just surviving from hand-to-mouth and this group is growing

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Work Experience

Managing Partner
Econintersect LLC
March 2010 - Present (7 years 11 months)
Economic analysis for business.
President
Nesnah Associates Enterprises Limited
January 1995 - June 2010 (15 years 8 months)
Construction Contracting consultant, financial holdings, and yacht charters.

Education

California Polytechnic State University-San Luis Obispo
B.S.
1967 / 1971
Industrial Technology
San Luis Obispo High School
1964 / 1967

Publications