Economic Releases Archive

Personal Income and outlays, ISM manufacturing, Construction spending, Atlanta Fed

Personal Income and Outlays Highlights The consumer started off the second quarter slowly, putting income into savings and not spending. Consumer spending was unchanged in April with deep declines in spending on both durable and nondurable goods, down 0.7 percent and down 0.5 percent respectively, offset by another incremental increase in spending ...Read More

Lumber prices, UK pmi, West Coast Port Traffic, trade, PMI and ISM services index

From Calculated Risk: Right now Random Lengths prices are down about 11% from a year ago, and CME futures are down around 25% year-over-year. Stll positive but more recent numbers coming in worse than expected: Great Britain : PMI Construction Highlights Business activity in UK construction slowed unexpectedly quickly last month. At ...Read More

RT interview

My interview starts at 3:30 ...Read More

mtg purchase apps, NY manuf survey, industrial production, home builders index

Turned south again, unfortunately. Remains seriously depressed. MBA Mortgage Applications Highlights After three straight weeks of impressive gains, the purchase index slipped back 3.0 percent in the April 10 week. Year-on-year, the index is still up a solid 7.0 percent in a reading that points to strength for the spring housing market. ...Read More

Atlanta Fed, Retail Sales, Redbook retail sales, small business optimism index, business inventories

Another string of lower than expected releases And 2nd quarter nowcasts are showing about the same as Q1 no bounce yet. Auto sales have a high import component. Note that reports of domestic wholesale auto output and sales have been lower than expected. And note year over year growth decline, though some ...Read More

Trade, factory orders, rail traffic, Japan PMI

Imports and exports both down. Note the last two time this happened in any magnitude sort of match up to the last two recessions: February 2015 Trade Data Shows a Mixed Picture of the Economy By Steven Hansen Written by Steven Hansen A quick recap to the trade data released today shows ...Read More

Car sales, mortgage purchase apps, ADP jobs, ISM manufacturing, construction spending

U.S. Light Vehicle Sales increase to 17.05 million annual rate in March By Bill McBride ​U.S. auto sales hit a speed bump in March April 1 — DETROIT – U.S. car buyers tapped the brakes in March, a sign of a long-expected slowdown in the blistering pace of sales. March sales were ...Read More

Redbook retail sales, Case-Shiller HPI, Chicago PMI, Consumer Confidence, small business borrowing

Growth still depressed, even vs last year’s winter weakness: Same here: S&P Case-Shiller HPI Highlights Home prices are firming as the Case-Shiller composite-20 index rose 0.9 percent in January following a 0.9 percent gain in December and a 0.8 percent rise in November. This is the strongest streak for this report since ...Read More

trade anecdotes, CPI, FHFA House Price Index, New home sales, Richmond Fed, PMI

It’s the net exports, paid for by non residents selling their currency to buy euro to spend, that drives up the euro until the net exports cease and trade goes negative. And with the rigidities/J curve/etc. the move up could be extreme, with the ECB unable to dampen it due to ideological ...Read More

Empire State survey, housing market index, Industrial Production

More weakness today, and in sync with my narrative about the lower price of oil being an unambiguous negative for the US economy: Empire State Mfg Survey Highlights General conditions so far in March, at an index of 6.90, remain modestly favorable in the New York State manufacturing sector but order data ...Read More