Economic Releases Archive

Rail traffic, Business confidence, UK imports, Trade news

Deep in contraction: Looks to be below 2008 levels: So looks like the current tariffs remain. As previously suggested, the US President is narrowly focused on the money he’s collecting, as the tariffs remove $US net financial assets from the global economy and discourages transactions with the US. That is, it all ...Read More

Chicago PMI, Personal income and consumption, Trade comment

Bad: Highlights In the first sub-50 reading in 2-1/2 years, the Chicago PMI fell more than 4 points in June to miss Econoday’s low-end expectations. Deterioration in June was wide with only employment showing improvement. But further gains for employment in this sample are in question given contraction in new orders and ...Read More

Euro area surveys, Goldman index, GDP, Corporate profits, Chem index

Most all euro area indicators still in collapse due to tariffs: Production held up even as consumer spending slowed: Highlights The outcome was expected but not the mix. The third estimate of first-quarter GDP rose 3.1 percent and is unchanged from the second estimate. But consumer spending did not live up to ...Read More

Durable goods, Austria PMI, Trade, Trump comments

Now in contraction year over year: US Durable Goods Orders Drop for 2nd Month New orders for US manufactured durable goods fell 1.3% in May, after a 2.8% plunge in April and much worse than market expectations of a 0.1% drop. Transportation equipment, down three of the last four months, was mostly ...Read More

New home sales, Housing prices, Richmond Fed, Consumer confidence

Back down from already depressed levels even as mortgage rates fall: US New Home Sales Fall Unexpectedly Sales of new single-family houses in the US dropped 7.8% from the previous month to a seasonally adjusted annual rate of 626 thousand in May, compared to market expectations of a 1.9% increase, as purchases ...Read More

Chicago Fed, Dallas Fed, Germany IFO

Global deceleration continues: ...Read More

Electronics sales, Fed indicator, Bank lending, Power generation

Tariffs: Bank lending deceleration: Real estate has gone nowhere: Gone flat this entire cycle: ...Read More

Philidepia Fed, Freight, Architecture index, Housing starts

Last month’s uptick hinted at a reversal, but this month’s large move back down says otherwise: Still rolling over, and from depressed levels relative to prior cycles, and these charts are not population adjusted which only makes it worse: ...Read More

NT Manufacturing, Home builder index, Earnings

Last months spike up that was hailed as a turn around now looks like an aberration: NY Manufacturing Falls The Most on Record The New York Empire State Manufacturing Index plummeted 26.4 points from the previous month to -8.6 in June, missing market expectations of +10. That was the largest monthly decline ...Read More

Retail sales, US Industrial Production, China Industrial Production, Morgan Stanley business conditions index

Not adjusted for inflation: Adjusted for inflation: Still looking down: Remember when last month’s spike higher was presumed to be the start of a turn around? . A Morgan Stanley economic indicator just suffered a record collapse ...Read More