Archive for May 2017

Last year 700 million passengers flew in the US and 40,600 were involuntarily bumped, meaning 0.0058% of all passengers were re-accommodated. That’s down from 0.0063% in 2015 when 43,700 passengers were involuntarily bumped out of 690 million. While it’s a tiny percentage, rather than depending on the airlines for better service, have the FAA boost…

While auto sales chipped 0.45 of a percent off 0.7% 17Q1 GDP growth, residential construction added 0.50 a percentage point. Personal spending was surprisingly weak and deserves watching, but should improve. Fortunately, corporate investment boosted GDP by 0.49 of a percent; huge! Elsewhere, volatile government spending was weak and inventories plunged. This data is a…