January Empire State Manufacturing At 13.5
Empire State Manufacturing General Business Conditions Index for Januray came out at 13.5 vs. 11.0 consensus and prior reading of 8.2.
Global Macro Perspectives
Empire State Manufacturing General Business Conditions Index for Januray came out at 13.5 vs. 11.0 consensus and prior reading of 8.2.
U.S. retail sales rose 0.1% in December vs. 0.3% consensus. November reading was at 0.4% (revised from 0.2%). In 2011 retail sales were up 6.5%.
U.S. GDP growth for Q3 was revised from 2.0% to 1.8%; consensus was at 2.0%. Q2 2011 reading was at 1.3%.
Chicago Fed National Activity Index for November was reported at -0.37 vs. revised October reading of -0.11. Chicago Fed National Activity Index 3-month moving average is at -0.24.
Initial jobless claims in the U.S. were reported at 364.000 vs. 380.000 consensus and last week revised (up 2.000) reading of 368.000.
ECRI Weekly Leading Index for week ending December 9, 2011 was reported down 7.5% y-o-y. Prior reading was at -7.7%.
U.S. consumer price index was unchanged in November vs. 0.1% consensus and October reading of -0.1%. On year level CPI inflation is running at 3.4%.
Empire State Manufacturing General Business Conditions Index for December came out at 9.5 vs. 3.0 consensus and prior reading of 0.6.
Philadelphia FED General Business Conditions Index rose from 3.6 to 10.3. Consensus was at 5.0.
PMI are showing signs of recovery.
U.S. industrial production fell 0.2% in November. Consensus was at 0.1%, October reading was at 0.7%.
U.S. producer price index rose 0.3% in November vs. 0.2% consensus. October reading was at -0.3%. On year level PPI is up 5.9%.
Initial jobless claims in the U.S. were reported at 366.000 vs. 390.000 consensus and last week revised (up 4.000) reading of 385.000.
(For November 2011) ISM Manufacturing Index was reported at 52.7 vs. prior reading of 50.8 and consensus of 51.8.
Chicago Purchasing Managers Index was reported at 62.6. Consensus was at 58.5, prior reading at 58.4.
Challenger’s count of layoff announcements was reported at 42,474 in November vs. 42,759 in October.
ADP Employment rose 206,000 in November vs. revised (up 20,000) gain of 130,000 in October.
U.S. new home sales rose 1.3% to 307.000 SAAR; Consensus was at 315.000 SAAR, prior reading (revised downward 10.000) was at 303.000 SAAR.