Economic Releases Archive

Chicago Fed, KC Fed, Japan Exports

Note the details and the conclusion: source: Econoday Highlights June proved to be a slightly stronger month for the economy than expected, based on the national activity index which came in at plus 0.08 vs Econoday expectations for a 0.05 dip. The 3-month average is still in the negative column though just ...Read More

Redbook Retail Sales, NY Housing Spike

More of same- looking very weak Highlights Redbook’s sample has been reporting depressed sales rates since all the way back in March, including the latest week when same-store year-on-year sales rose only 1.2 percent. The report blames a seasonal lull for the latest disappointment, citing lack of shopper interest ahead of the ...Read More

Euro Area CA, Macro Chart Update

Still positive but lower and less than expected: A few charts not looking so good: Housing doing a bit better but remains well below levels associated with prior recessions and remains a much smaller % of GDP: Beware spikes in permits! ...Read More

Housing Starts, Consumer Sentiment

The increase is entirely a multi family story, and multi family dwellings are cheaper/smaller than single family: Highlights Strong demand for apartment units drove housing starts & permits data far beyond expectations, overshadowing less strength for the key single-family home category. Starts came in near the top of expectations, up 9.8 percent ...Read More

Atlanta Fed, 2004 vs 2015 US data, EU trade

The Atlanta Fed forecast as of July 14 is was +2.3% annualized for Q2, which is far below initial estimates of most professional forecasters, and below their current forecasts as well, and likely to be lowered further due to recent data. The first government estimate for Q2 GDP will be released on ...Read More

Claims, Phili Fed, Housing index

Down a touch but the 4 week moving average still moving higher: Highlights Auto retooling is clouding initial jobless claims data which fell 15,000 in the July 11 week to 281,000. But the 4-week average, inflated by a 14,000 spike in the prior week, rose 3,250 to a 282,500 level that’s more ...Read More

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