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Archive for April 16th, 2009

Fuel demand falls

Posted by WARREN MOSLER on 16th April 2009


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Largest year over year drop in a while after hovering around flat year over year.

Might be why Saudis decided to cut prices recently.

I’m looking for consumption to increase as GDP stabilizes and then return to positive territory as global automatic stabilizers and proactive fiscal policies add net financial assets.

Crude Oil Rises After Unexpected Decline in U.S. Jobless Claims

by Mark Shenk

April 16 (Bloomberg) — Daily fuel demand averaged over the past four weeks was 18.7 million barrels, down 5.2 percent from a year earlier, according to the department.


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2009-04-16 USER

Posted by WARREN MOSLER on 16th April 2009


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Housing Starts (Mar)

Survey 540K
Actual 510K
Prior 583K
Revised 572K

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Building Permits (Mar)

Survey 549K
Actual 513K
Prior 547K
Revised 564K

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Initial Jobless Claims (Apr 11)

Survey 660K
Actual 610K
Prior 654K
Revised 663K

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Continuing Claims (Apr 4)

Survey 5893K
Actual 6022K
Prior 5840K
Revised 5850K

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Jobless Claims ALLX (Apr 11)

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Philadelphia Fed (Apr)

Survey -32.0
Actual -24.4
Prior -35.0
Revised n/a

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Philadelphia Fed TABLE 1 (Apr)

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Philadelphia Fed TABLE 2 (Apr)


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