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Empire Manufacturing (Aug)
Survey |
-4.0 |
Actual |
2.8 |
Prior |
-4.9 |
Revised |
n/a |
Yet another series that could be making a comeback, albeit from very low levels.
Even the work week went up.
Prices paid still way high, and prices received high and moved higher.
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Empire Manufacturing ALLX (Aug)
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Net Long-term TIC Flows (Jun)
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Total Net TIC Flows (Jun)
Survey |
n/a |
Actual |
$51.1B |
Prior |
-$2.5B |
Revised |
$12.3B |
Should be slowing with trade flows reversing.
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TIC ALLX (Jun)
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TIC TABLE 1 (Jun)
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TIC TABLE 2 (Jun)
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TIC TABLE 3 (Jun)
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Industrial Production MoM (Jul)
Survey |
0.0% |
Actual |
0.2% |
Prior |
0.5% |
Revised |
0.4% |
A little better than expected.
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Industrial Production YoY (Jul)
Survey |
n/a |
Actual |
-0.1% |
Prior |
0.2% |
Revised |
n/a |
Certainly not a collapse.
Being helped by the relatively weak USD.
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Capacity Utilization (Jul)
Survey |
79.8% |
Actual |
79.9% |
Prior |
79.9% |
Revised |
79.8% |
No collapse here either.
The Fed’s counting on slack to bring prices down.
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Capacity Utilization TABLE 2 (Jul)
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Capacity Utilization TABLE 3 (Jul)
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U of Michigan Confidence (Aug P)
Survey |
62.0 |
Actual |
61.7 |
Prior |
61.2 |
Revised |
n/a |
This too looks like it has bottomed from very low levels.
‘Inflation’ still hurting confidence.
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