What Was The 2012 Economy?

Happy New Year 2012

Note: This is part 1 of a 2 part series looking back at the economics of 2012 and looking projecting the economics of 2013. Part 2 will be released on Monday.

Last year I wrote two blogs about what happened in 2011 and provided some projections for 2012.  I got a fair amount of feedback from those post so I figured I do it again this year.  I started last year’s blog with Sir Winston Churchill’s quoted of  “Those who fail to learn from history are doomed to repeat it.”  I continue to believe that this is true in every facet of life, including business.  This information is based on factual information.  There are no politics, no opinions.  It is what it is.  The purpose is to understand what happen in 2012 to set the stage for 2013.

Stock Market:

  • 12/31/2011: DJIA closed at 12,217.56, NASDAQ closed at 2,605.15, S&P 500 closed at 1,257.60
  • 12/31/2012: DJIA closed at 13,104.14, NASDAQ closed at 3,019.51, S&P 500 closed at 1,426.19
  • Change: DJIA +886.58 (+7.3%), NASDAQ +414.36 (+15.9%), S&P 500 +168.59 (+13.4%)
Labor Force (actual people wanting to work, Not Seasonally Adjusted, CPS based)
  • November 2011: 153,683,000
  • November 2012: 154,953,000 (December not reported yet)
  • Change: +1,270,000 (+0.08%)

Employment, Total Non-Farm (actual people working, Not Seasonally Adjusted, CPS based)

  • November 2011: 133,172,000
  • November 2012: 135,069,000 (December not reported yet)
  • Change: +1,897,000 (+1.42%)
Unemployment rates (Not Seasonally Adjusted, CPS based)
  • November 2011: 8.2%
  • November 2011: 7.4% (December not reported yet)
  • Change: -0.8%

Unemployment rates (Seasonally Adjusted, CPS based)

  • November 2011: 8.7%
  • November 2011: 7.7% (December not reported yet)
  • Change: -1.0%

US Economic Growth

  • Q4 2011 (Billion): $15,321.0
  • Q3 2012 (Billion): $15,811.0 (annualized)
  • Change (Billion): +$490.0 (+3.2%)

US Retail Sales

  • 2011 Top 100 retail store sales (,000): $1,614,320,000
  • 2012 Top 100 retail store sales (,000): $1,711,785,000
  • Change (,000): +$97,465,000 (+6.0%)

US Building Permits

  • 2011
    • Total Permits (Thousands): 624.1
    • Single Family (Thousands): 418.5
    • Multifamily (Thousands): 205.6
  • 2012 (through November)
    • Total Permits (Thousands): 749.1
    • Single Family (Thousands): 478.0
    • Multifamily (Thousands): 271.1
  • Change (YTD through November)
    • Total Permits (Thousands): 176.6 (+30.9%)
    • Single Family (Thousands): +89.4 (+23.0%)
    • Multifamily (Thousands): +87.3 (+47.5%)

Was there something I missed? Let em know what you think.

–J. Nolfo helps companies understand their market and customers though a variety of market research strategies. He has over ten years of experience of market research for strategic planning purposes. He is the Director of Research at Rhino Market Research. He shares his thoughts about market research and business concepts with his blog “The Rhino Crash Blog…Understanding Market Research in Business“. If you would like to discuss this blog or how J. can help you understand your market and customer needs, email him at jnolfo@rhinomarketresearch.com.

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About J. Nolfo
Well...there is a lot to know. #Cx, #Analytics, #SM, Specialty #AgChem, #StL sports, & more. FT @BASFAgProducts. @Mizzou Alum. Supporter of the #Rhino. Tweets my own. #SMMW17 attendee....Dad...Hiker...Scouter...and so much more.

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