Economic Releases Archive

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

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