posted February 03, 2022 10:45 AM            

But it's to be expected when you're making 'political' forecasts designed to prop up a failed economic dunce president, like Biden. When you forecast a job gain of more than 200,000 and instead lose 300,000, that's a 500,000 swing in jobs...going the wrong way. So, all the pie in the sky happy talk about the 'great' economy is just bullshiite.

Here It Comes, ADP Reporting a Massive Loss in January Jobs of 301,000
February 2, 2022
Sundance

The financial, economic and business pundits are completely caught off guard and using the words “shocked”, “unexpected” and “surprised,” within their analysis. These employment numbers just don’t align with an economy growing at 6.9%, as measured by the Bureau of Economic Analysis (BEA). However, for CTH readers who have carefully scrutinized the economic claims and looked at the bigger picture through the prism of kitchen table checkbook economics, these results are not a surprise.

posted February 15, 2022 01:47 PM            

quote:

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Originally posted by Randall:
They never get anything right. Not even close.

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January Wholesale PPI Inflation Doubles Economic Expectations, Diesel Fuel Jumps 9.4% in January Alone, 56.5% For Year
February 15, 2022
Sundance

Here we go folks. Jumpin’ ju-ju-bones, the first wave of producer driven inflation has just been quantified. The economic analysts are shocked, stunned, flabbergasted and surprised, because the January single month wholesale inflation of 1.0% is double what they expected.

The “producer price index” is essentially the tracking of wholesale prices at three stages: Origination (commodity), Intermediate (processing), and then Final (to wholesale). Today, the Bureau of Labor and Statistics (BLS) released January price data [Available Here] showing a dramatic 9.7% increase year-over-year in Final Demand products at the wholesale level........

http://theconservativetreehouse.com/blog/2022/02/15/january-wholesale-ppi-inflation-doubles-economic-expectations-diesel-fuel-jumps-9-4-in-january-alone-56-5-for-year/