The NFIB Small Business Optimism Index fell 0.2 points in September, to 93.9 vice 94.1 in August.
ICSC-Goldman reports retail sales fell -0.1% this week, and were up only 2.1% on a year-ago basis. Redbook’s same-store sales growth fell to a year-on-year plus 3.3%.
The International Trade report is unavailable to the government shutdown.
A big increase in Student loans inflated consumer credit by $13.6 billion in August, but revolving debt continues to decline. This may point to slowing consumer spending.
Americans’ average self-reported daily spending fell back significantly in September to $84 from $95 in August, the lowest level since February.
The Factory Orders report is delayed due to the government shutdown.
The Challenger Job-Cut Report shows 40,289 layoffs in September, the second highest number since April, But well below August’s 50,462.
Gallup reports that the U.S. Payroll to Population employment rate fell to 43.5% in September, from 43.7% in August.
The Bloomberg Consumer Comfort Index fell a point to -29.4.
Initial jobless claims rose 3,000 last week, to 308,000. The 4-week moving average fell 3,000 to 305,000. Continuing claims rose 104,000 to 2.925 million.
The ISM Non-Mfg Index fell 4 points to 54.4 in September.
The Fed’s balance sheet rose $13.4 billion last week, with total assets of $3.747 trillion. Reserve Bank credit increased $2.1 billion.
The Fed reports that M2 Money Supply increased by $38.1 billion last week.
The MBA reports that mortgage applications fell 0.4% last week, with purchases down 6.0% but re-fis up 3.0%.
ADP reports that September private-sector job growth was weaker than expected, with only 166,000 private sector jobs created.
Gallup’s U.S. Job Creation Index fell a point to 21 in September.
Confirmation of the private sector jobs reports would usually come from the government’s official statistics on the first Friday of the month, but the government shutdown may delay the release of the BLS’s September Employment Situation.
Total vehicle sales fell a sharp 5.1% in September, to a 15.3 million annualized sales rate. Domestic vehicle sales were 11.8 million vice 12.6 million in August.
Redbook reports chain-store sales rose to a 3.8% year-on-year sales rate. ICSC-Goldman’s same-store sales index rose 0.2% last week, with year-over-year sales growth of 2.1%.
Markit Economics’ PMI manufacturing index fell 0.3 points to 52.8 in September.
The ISM manufacturing index rose 0.5 points to 56.2 in September.
The construction spending report due today has been delayed due to the government shutdown.
The Commerce Department’s final revision for 2nd Quarter GDP was unchanged at an annualized growth of 2.5%.
Initial jobless claims fell 5,000 last week, to 305,000. The 4-week moving average fell 7,000 to 308,000. Continuing claims rose 35,000 to 2.823 million.
The Bloomberg Consumer Comfort Index rose 0.7 points to -28.1.
The Kansas City Fed Manufacturing Index reports manufacturing slowing in their district, with the index down 6 point to 2 for September.
Corporate profits for the 2nd Quarter were revised down to $1.821 trillion from the initial estimate of $1.830 trillion.
The Fed reports that M2 Money Supply increased by $4.0 billion last week.
The Fed’s balance sheet rose $11.8 billion last week, with total assets of $3.734 trillion. Reserve Bank credit increased $22.6 billion.
The MBA reports that mortgage applications rose 5.5% last week, with purchases up 7.0% and re-fis 5.0%.
Durable goods orders in August edged up 0.1% after dropping a huge 8.1% in July. Ex-transportation orders fell -0.1%. On a year-over-year basis, orders rose 13.7% at the headline level, while ex-transportation orders rose 7.6%.
New home sales rose 7.9% in August on softer prices to an annual rate of 421,000.
In weekly retail sales, ICSC-Goldman Store Sales fell -1.0% following last week’s -1.6% drop. Year-over-year sales growth is at a weak 1.6%. Conversely, Redbook is reporting solid retail sales, up 3.6% from last year.
The FHFA House Price Index rose 1.0% in July, with the year-over-year increase coming in at 8.8%.
The S&P Case-Shiller home price index is up 0.6% in July, with a year-over-year increase of 12.4%.
Consumer confidence continues to sag, with the Conference Board’s index falling -1.8 points to 79.7 in September.
The Richmond Fed Manufacturing Index shows no change in September, with the index flat at 0.
The State Street Investor Confidence Index dropped to 101.4 in September from July’s 105.1.