John
Williams'
Shadow Government Statistics
Analysis Behind and Beyond Government Economic Reporting

Market Focus Archives

Here we present all of the past "Reporting/Market Focus" sections from past and present SGS Newsletters.

This each Reporting/Market Focus details the background of government series or special items affecting the markets, along with updates to changes in reporting methodologies.

Subscribers Only
Payroll Employment Benchmark Revision and Perils of Mimicking (ADP & ISM)   February, 2008
GAAP Financial Statements of the U.S. Government for Fiscal Year 2007   January, 2008
Revisiting U.S. Housing Data — Worst Downturn Since Early 1980s?   November, 2007
Some Perspective on Historical U.S. Economic Downturns and Financial Market Panics   October, 2007

Open Content Available to all of our readers.
Annual Income Variance Analysis  September, 2007
Annual GDP Revisions and the SGS Alternate Measure  August, 2007
Misused Statistical Models and Resulting Market Misperceptions  July, 2007
Money Supply M3 Revisited  May, 2007
Loan Delinquency/Default Rates as Predictors/Indicators of Business Activity  April, 2007
Federal Reserve’s Flow of Funds and Foreign Holdings of U.S. Treasuries  March, 2007
Payroll Employment and Alternate Measures Indicate Bleak Labor Market  February, 2007
U.S. Government’s Fiscal Condition Continues Its Collapse  December, 2006
Reality Check on Home Prices  November, 2006
Flow of Funds Shenanigans The Productivity “Miracle”  October, 2006
Income Variance Data Signal Economic Troubles Ahead and Household Income Numbers Suggest GDP Fraud  September, 2006
SGS Alternate Data: Money Supply M3 Continuation; Consumer Inflation at 11.0%; Alternate GDP Shows Annual Contraction  August, 2006
Flow of Funds Accounts of the United States  July, 2006
Housing Starts and Housing Statistics  June, 2006
New Orders for Durable Goods  May, 2006
The Producer Price Index  April, 2006
Money Supply M2 as a Leading Economic Indicator  March, 2006
The Purchasing Managers Survey  February, 2006
Help Wanted Advertising and Alternate Measures  January, 2006
December 2005 Edition Supplement (Re: FY2005 Treasury GAAP Accounting)  December, 2005
November 2005 Edition - Supplement (Re: M3)  November, 2005
Standard and SGS Alternate CPI Measures - Part I  October, 2005
Income Variance/Dispersion as a Predictor of Long-Term Economic Trends  September, 2005
Short-Term Credit Measures  August, 2005
Financial and Trade-Weighted U.S. Dollar Indices  July, 2005
Money Supply, Part II  June, 2005
Money Supply and the SGS Early Warning System  May, 2005
An Alternate Measure of Non-Farm Payrolls  April, 2005
Retail Trade and Food Services (Retail Sales)  March, 2005
Initial Claims for Unemployment Insurance  February, 2005
The Fed’s Index of Industrial Production  January, 2005
Trade Balance in Goods and Services  December, 2004
Consumer Confidence Measures Financial Media Sentiment  November, 2004



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