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Awesome! Thanks Aaron.
Spitballing, but it might be worth getting a second hashtag emoji thing (sorry don’t know correct term) going for #NumbersDay to distinguish from #EconSky 📉📈. They are different vibes worth separating, and being able to see everyone’s data release analysis in one thread is very useful.
WGA reaches a tentative deal and initial reports suggest they got most of what they were striking for. A good reminder that collective action still matters here in America! www.nytimes.com/live/2023/09...
The Writers Guild of America got most of what it wanted. With actors still on picket lines, however, much of Hollywood will remain shut down.
An interesting exercise, inspired by Paul Romer's blog; seasonally unadjusted monthly core CPI inflation rate by month for 2019, 2022, and 2023. Though much higher in January, now it's sliding into 2019 rates. + more notable decline here - may have bigger year-end increase, jerky annual dynamics.
Big comprehensive update to the national accounts means all economic vibes and narratives are open to change later this week. And with, at least, underlying PCE category tables changing (adding in new truck info) we'll see which of my scripts still work when they come!
Are there any high-level tips to looking through the changes? Is it just a matter of having the data saved beforehand, and comparing away to what comes later this week?