ATA For-Hire Truck Tonnage Index Fell 0.1% In November
The American Trucking Associations seasonally adjusted For-Hire Truck Tonnage Index fell 0.1% in November vs. 0.9% rise in October.
Global Macro Perspectives
The American Trucking Associations seasonally adjusted For-Hire Truck Tonnage Index fell 0.1% in November vs. 0.9% rise in October.
Moody’s/REAL National Commercial Property Index rose 1.3% in October and it is now running at +3.2% y-o-y.
Chicago Fed National Activity Index for November was reported at -0.46 vs. revised October reading of -0.25. Chicago Fed National Activity Index 3-month moving average was at -0.41.
Philadelphia FED General Business Conditions Index rose to 24.3. The consensus was at 15.0, prior reading at 22.5.
Industrial production expansion will continue in December.
Initial jobless claims in the U.S. were reported right at the consensus of 420.000; last week revised (up 2.000) reading was at 423.000.
U.S. industrial production rose 0.4% in November. The consensus was at 0.3%, October revised (down -0.2%) reading was at -0.2%. On year level industrial production is up 5.4%.
Empire State Manufacturing Survey for December came out at 10.57 vs. 5.0 consensus and -11.14 prior reading.
MBA mortgage applications fell 2.3%; Prior reading was a decrease of 0.9%; On year level MBA Basic Index is down 11.6%.
U.S. consumer price index rose 0.1% in November vs. 0.2% consensus and October reading of 0.2%. On year level CPI inflation is running at 1.1%.
Literally nothing new here.
U.S. retail sales rose 0.8% in November. The consensus was at 0.6%, October reading (revised up 0.5%) was at +1.7%. On year level retail sales are up 7.0%.
U.S. producer price index rose 0.8% in October vs. 0.6% consensus. October reading was at 0.4%. On year level PPI is up 3.5%.
Initial jobless claims in the U.S. were reported at 421.000. The consensus was at 425.000, last week revised (up 2.000) reading was at 438.000.
The Ceridian-UCLA Pulse of Commerce Index rose 0.4% in November after falling o.6% in October.
ISM Non- Manufacturing Index was reported at 55.0, right at the consensus; October reading was at 54.3.