Implications: After declining in the fourth quarter, productivity bounced back in Q1 rising at a 5.4% annualized rate. The Q1 increase in nonfarm productivity came as output and hours worked both rose. Looking at the details shows that output in Q1 rose at a faster pace than hours ...

https://www.ftportfolios.com/blogs/EconBlog/2021/5/6/nonfarm-productivity-increased-5.4percent-at-an-annual-rate-in-the-first-quarter

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One of the best economic debates that's happening right now isn't between Republicans and Democrats or liberals versus conservatives, it's between policymakers who want to go full steam ahead with as much fiscal and monetary "stimulus" as possible and center-left economists who worry about the ...

https://www.ftportfolios.com/blogs/EconBlog/2021/5/10/biden-and-powell-versus-summers-and-dudley

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Implications: The April employment report was disappointing, but not a total dud. It was disappointing because payrolls increased only 266,000 for the month, a huge miss versus the 1,000,000 gain the consensus expected and well lower than the forecast from any economics group. Civilian employment, ...

https://www.ftportfolios.com/blogs/EconBlog/2021/5/7/nonfarm-payrolls-increased-266,000-in-april

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The narrative around COVID-19 is constantly changing, so we thought we would put a one-pager out once a week with some of the charts and data that we think are important to keep an eye on to help gain some perspective.
Click here to view the one page report...

https://www.ftportfolios.com/blogs/EconBlog/2021/5/13/covid-19-tracker-5132021

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Source: First Trust Advisors, Bloomberg, Department of Labor, Redbook Research, Box Office Mojo, Association of American Railroads, American Iron and Steel Institute, Hotel News Now, OpenTable, Transportation Security Administration, Energy Information Administration, American ...

https://www.ftportfolios.com/blogs/EconBlog/2021/5/13/covid-19-high-frequency-data-5132021

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The table and charts above track high frequency data, which are published either weekly or daily. With most states reopening their economies and widespread distribution of a vaccine, these indicators show continued improvement in economic activity. From an economic standpoint the worst ...

https://www.ftportfolios.com/blogs/EconBlog/2021/5/11/recovery-tracker-5112021

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Implications: Consumer prices rose in April at the fastest pace in more than a decade as supply chains struggled to keep up with rapidly rising demand. The April rise of 0.8% comes after increases of 0.6% in March and 0.4% in February, bringing the three-month change to a 7.2% ...

https://www.ftportfolios.com/blogs/EconBlog/2021/5/12/the-consumer-price-index-cpi-increased-0.8percent-in-april

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The narrative around COVID-19 is constantly changing, so we thought we would put a one-pager out once a week with some of the charts and data that we think are important to keep an eye on to help gain some perspective.

Click here to view the one page report...

https://www.ftportfolios.com/blogs/EconBlog/2021/5/7/covid-19-tracker-572021

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Implications: Industrial production continued to recover in April, rising for the second month in a row as many factories that were damaged by February's severe winter weather returned to operation. But, while good news, the production side of the economy still has a way to go.&...

https://www.ftportfolios.com/blogs/EconBlog/2021/5/14/industrial-production-increased-0.7percent-in-april

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