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Economic statistics

Economic Statistics for 3 Apr 13

Here are today’s statistics on the state of the economy:

The MBA reports mortgage applications fell -4.0% last week. While purchases were up 1.0%, re-fis fell -6.0%.

ADP’s Employment Report for March shows a weak 158,000 new private payroll jobs, pointing to weakness in Friday’s Employment Situation.

The ISM Non-Mfg Index fell 1.6 points to 54.4 in March. The employment component fell a sharp 3.9 points.

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Dale Franks
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Economic Statistics for 2 Apr 13

Here are today’s statistics on the state of the economy:

Automakers are reporting the strongest monthly sales in 6 years for March. Ford, GM: 6%, Chrysler: 5%, Toyota,Nissan 1%.

In weekly retail sales, ICSC-Goldman Store Sales rose 4.7% for the week, but are up only 1.9% from last year. Redbook reports a strong year-on-year sales increase of 3.5%.

Factory orders rose 3.0% in February, and January’s number was revised upwards by a full 1% to -1.0%. Ex-Transportation, orders rose only 0.3%, however.

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Dale Franks
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Economic Statistics for 29 Mar 13

Here are today’s statistics on the state of the economy:

Personal income rose 1.1% in February, while personal spending rose 0.7%. The PCE Price Index, an inflation measure, rose 0.4% at the headline level, and 0.1% at the core. On a year-over-year basis, personal income is up 2.6%, while spending is up 3.3%. The PCE Price Index is up 1.3%.

The Reuter’s/University of Michigan’s consumer sentiment index erased last month’s decline, rising to a strong 78.6 in March.

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Dale Franks
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Economic Statistics for 28 Mar 13

Here are today’s statistics on the state of the economy:

The final GDP estimate for 4th Quarter of 2012 came in at 0.4% annualized. The GDP price index, an inflation measure, rose 1.0%.

Initial jobless claims rose 16,000 to 357,000 last week. The 4-week average rose 3,250 to 343,000. Continuing claims fell 27,000 to 3.050 million, a recovery low.

The Chicago Purchasing Managers Index unexpectedly fell to 52.4 in March from 56.8.

Corporate profits in the 4th Quarter of 2012 rose 7.5% to $1.774 trillion annualized, up from $1.742 trillion in the third quarter.

The Bloomberg Consumer Comfort Index fell -1.5 points to -34.4 in the latest week.

The Kansas City Fed Manufacturing Index rose 5 points to -5 in March.

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Dale Franks
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Economic Statistics for 26 Mar 13

Here are today’s statistics on the state of the economy:

Durable goods orders soared 5.7% in February, mainly on new aircraft orders. Ex-transportation orders, however, fell -0.5%.

New home sales in February declined 4.6 percent to an annualized pace of 411,000.

The S&P Case-Shiller Home Price Index rose 1.0% in January, following 0.9% and 0.6% gains in the two prior months.

The Conference Board’s Consumer Confidence Index plunged more than 8 points to a reading of 59.7 for March.

The Richmond Fed Manufacturing Index fell 3 points to a March reading of 3.

The State Street Investor Confidence Index fell to 88.0 on lower demand for equities and rising demand for fixed income products.

In weekly retail sales, Redbook reports same store sales slowing to a 2.6% year-over-year sales growth rate. ICSC-Goldman Store Sales plunged -1.7% from last week, up only 1.0% from last year.

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Dale Franks
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Economic Statistics for 21 Mar 13

Here are today’s statistics on the state of the economy:

Initial jobless claims rose 2,000 to 336,000. The 4-week average fell 7,500 to 339,750, while continuing claims rose 5,000 to 3.053 million.

The Philadelphia Fed Survey jumped 14.5 points in March, to a positive reading of 2.0.

Existing home sales rose 0.8% in February, to an annualized pace of 4.98 million, thanks to a rise in the supply of available homes.

The PMI Manufacturing Index Flash fell 0.3 points in March, to a still-positive 54.9.

The FHFA House Price Index rose 0.6% in January, up 6.5% on a year-over-year basis.

The Bloomberg Consumer Comfort Index fell 2.3 points to -33.9 in the latest week.

The Index of Leading Economic Indicators, which indicate economic conditions six months from now, rose a better-than-expected 0.5% in February.

~
Dale Franks
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