[Skip to the end] Karim writes: 2nd Tier Data – not a view changer: Starts down 1%, but single-family up 1.7%; multi-family down 13.3% Permits down 1.8%, but single-family up 5.8%; multi-family down 25.5% PPI -0.9% headline and -0.1% core Core PPI has fallen 2 of the past 3mths and as a decent leading indicator […]
Tag Archives: PPI
Retail/PPI
[Skip to the end] Karim writes: Retail sales weaker than expected (especially in light of fact that May/June were peak months for consumer provisions in stimulus package) 0.6% headline; 0.3% ex-autos; -0.2% ex-autos and gasoline PPI Headline up 1.8%; 0.5% core; driven by 3.4% gain in light truck prices; ex-vehicles, core unch Intermediate stage (1.9%/0.4%) […]
2008-08-19 US Economic Releases
[Skip to the end] ICSC-UBS Store Sales WoW (Released 7:45 EST) ICSC-UBS Store Sales YoY (Released 7:45 EST) Redbook Store Sales Weekly YoY (Released 8:55 EST) ICSC-UBS Redbook Comparison TABLE (Released 8:55 EST) Producer Price Index MoM (Released 8:30 EST) PPI Ex Food & Energy MoM (Released 8:30 EST) Producer Price Index YoY (Released 8:30 […]
2008-07-15 US Economic Releases
[Skip to the end] ICSC-UBS Store Sales YoY (Released 7:45 EST) ICSC-UBS Store Sales TABLE (Released 7:45 EST) Producer Price Index MoM (Released 8:30 EST) PPI Ex Food & Energy MoM (Released 8:30 EST) Producer Price Index YoY (Released 8:30 EST) PPI Ex Food & Energy YoY (Released 8:30 EST) Advance Retail Sales MoM (Released […]
Re: more on receipts
(an interoffice email) On Jan 15, 2008 9:23 AM, Karim Basta wrote: > > > > US Daily Comment – Tax Receipts: How Good an Indicator? > Summary: Although Treasury income tax receipts are a popular measure of > economic activity, they are generally too noisy and susceptible to calendar > distortions to be very […]
A Rescue Plan for the Dollar
A Rescue Plan for the Dollar By Ronald McKinnon and Steve H. Hanke The Wall Street Journal, December 27, 2007 Central banks ended the year with a spectacular injection of liquidity to lubricate the economy. On Dec. 18, the European Central Bank alone pumped $502 billion — 130% of Switzerland’s annual GDP — into the […]