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Economy

Economic Statistics for 31 Aug 16

The Pending Home Sales Index rose 1.3% in July, to 111.3.

ADP’s Employment Report for August indicates that 177,000 new private sector jobs were created during the month.

The Chicago PMI fell -4.3 points in August to 51.5.

The MBA reports that mortgage applications rose 2.8% last week, with purchases up 1.0% and refis up 4.0%.


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Economic Statistics four 30 Aug 2016

Redbook reports that last week’s retail sales growth rose to 0.6% on a year-ago basis, from the previous week’s 0.2%.

The S&P Case Shiller home price index fell -0.1% in point 1% in June. On a year–over–year basis, the index is up 5.3%.

The Conference Board’s consumer confidence index rose 4 1/2 points to 101.1 in August.

The State Street Investor Confidence index fell a sharp -8.3 points in August to 89.7.


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Economic Statistics for 29 Aug 16

Personal Income rose 0.4% in July, while Consumer Spending rose 0.3%. The PCE Price Index was unchanged, but rose 0.1% at the core. On a year-over-year basis, the PCE Price index is up 0.8% overall, and 1.6% at the core.

The Dallas Fed Manufacturing Survey’s general activity index fell from -1.3 to -6.2, but the production index rose from 0.4 to 4.5 in August.


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Economic Statistics for 25 Aug 16

Durable goods orders rose 4.4% in July, with ex-transportation orders up 1.5% and core capital goods orders up 1.6%. On a year-over-year basis, however, orders have fallen -3.3%, ex-transportation orders are down -0.6%, and core capital goods orders are down -4.9%.

Initial weekly jobless claims fell 1,000 to 261,000. The 4-week average fell 1,250 to 264,000. Continuing claims fell 30,000 to 2.145 million.

The Bloomberg Consumer Comfort Index rose 1.7 points to 45.3 in the latest week.

The Fed’s balance sheet rose $7.4 billion last week, with total assets of $4.474 trillion. Reserve bank credit fell $-0.7 billion.

The Fed reports that M2 money supply rose by $22.9 billion in the latest week.


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Economic Statistics for 24 Aug 16

Existing Home sales fell -3.2% in June to a 5.39 million annual rate, which is -1.6% lower than the year-ago rate. This was despite a -1.4% monthly decline in the median price, at $244,100.

The FHFA House Price Index rose 0.2% in June, and is 5.6% higher than a year ago.

The MBA reports that mortgage applications fell -2.1% last week, with purchases down -0.3% and refis down -3.0%.


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Economic Statistics for 23 Aug 16

New home sales rose 12.4% in July, to a 654,000 annual rate.

The Richmond Fed Manufacturing Index fell from 10 to -11 in August.

The PMI Manufacturing Index Flash fell from 52.9 to 52.1 in August.

Redbook reports that last week’s retail sales growth was unchanged from the previous week at a very weak 0.2%% on a year-ago basis.


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Economic Statistics for 18 Aug 16

The Philadelphia Fed survey went positive, rising from-2.9 to 2.0 in August.

The Conference Board’s Index of Leading Indicators for August rose 0.4%.

Initial weekly jobless claims fell 4,000 to 262,000. The 4-week average rose 2,500 to 265,250. Continuing claims rose 15,000 to 2.175 million.

The Bloomberg Consumer Comfort Index rose 1.8 points to 43.6 in the latest week.

The Fed’s balance sheet fell $-2.5 billion last week, with total assets of $4.467 trillion. Reserve bank credit rose $10.4 billion.

The Fed reports that M2 money supply rose by $5.6 billion in the latest week.


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Economic Statistics for 16 Aug 16

Consumer prices were unchanged in July, though prices less food and energy, the so-called “core rate”, rose 0.1%. On a year-over-year basis, the CPI is up 0.8% overall, and 2.2% at the core.

Housing starts rose a strong 2.1% to an annualized 1.211 million rate in July. Permits were weaker, at a 1.152 million rate.

The Fed reports that industrial production to 0.7% in July, while capacity utilization in the nation’s factories rose 0.5% to 75.9%.

E-commerce retail sales rose 4.5% in the 2nd Quarter, and are up 15.8% on a year-over-year basis.

Redbook reports that last week’s retail sales growth fell to a very weak 0.2% on a year-ago basis, from the previous week’s 0.5%.


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