Calculated Risk: Unemployed over 26 Weeks, Diffusion Index, Seasonal Retail Hiring

I love charts. Unfortunately the news is still bad.

Ugly CRE charts | Analysis & Opinion | Reuters

These charts are not scary. They are ugly.

A hat tip to Michael Panzner and his blog post of 1/6/2010 at Financial Armageddon for directing me to these charts.

I love charts.

EconomPic: ADP Jobs Down 84,000; Services Jobs Grow

If you click through to the original post on EconomPic you will see a tiny red speck as evidence for services jobs growth.  Unfortunately, the copy here does not capture that tiny red speck north of the line.

Some might call this good news (see the tiny red blip upper right corner)

The lost decade for the economy – washingtonpost.com

Stunning graphic, no?

Average Income in the United States Will Continue to Drop in 2009

Median household income in the United States has been in a freefall over the past few years due to the “Great Recession”. In inflation adjusted dollars, the last time that the median household income in the United States was $50,303 or lower was 1997. This is a staggering drop that has completely erased all of the gains made in the beginning and middle stages of the decade.

2009 should be even worse, as many are expecting that median household income in the United States could drop as much as 5%. This would leave us with a median household income number of about $47,800. This would be the lowest such number, in inflation adjusted dollars, since 1995.

Scary, scary chart

Bank Profit Mirage « Annaly Salvos

Scary chart too.

EconomPic: Still Shedding Jobs

I do not recall ever posting two scary charts of the day.

Ouch.

What retirement???

EconomPic: Equities Lost Decade