Conference Board Consumer Confidence For October At 50.2
(For October 2010) Conference Board consumer confidence came out at 50.2 vs. 49.9 consensus and 48.6 revised reading for September. Chart 1. Conference Board Consumer Confidence
Archive for the ‘U.S. Economic Data’ Category
Chicago Fed National Activity Index For September At -0.58
(For September 2010) Chicago Fed National Activity Index for September was reported at -0.58 vs. revised August reading of -0.49. Chicago Fed National Activity Index 3-month moving average was at -0.33. When the CFNAI three month moving average value moves below –0.70 following a period of economic expansion, there is an increasing likelihoodthat a recession has begun. Another […]
ECRI Weekly Leading Index Down 7.0%
(For The Week Ending October 15, 2010) ECRI Weekly Leading Index for week ending October 15, 2010 was reported down 7.0%. Prior reading was revised downwards for -0.1% to -7.0%. Chart 1. ECRI Weekly Leading Index
Conference Board Leading Economic Index For September Rose 0.3%
(For September 2010) Conference Board Leading Economic Index (LEI) rose 0.3% in September. The consensus was at 0.3%, prior revised reading (from +0.3%) was at 0.1%. On year level LEI is up 6.0% vs. 6.8% in August. This is uber-Keynesian indicator as 43% of its value is derived from monetary factors (M2 and interest rate spread). […]
October Philadelphia FED General Business Conditions Index At 1.0
(For October 2010) Philadelphia FED General Business Conditions Index rose to 1.0. The consensus was at 2.0, prior reading at -0.7. Slightly improved, but still close to contraction. Chart 1. ISM vs. Regional Manufacturing Surveys
U.S. Initial Jobless Claims At 452.000; Previous Week Revised Up 13.000
(For The Week Ending October 16, 2010) Initial jobless claims in the U.S. were reported at 452.000. The consensus was at 455.000, last week revised (up 13.000) reading was at 475.000. Big revision… Chart 1. U.S. Initial Jobless Claims
Moody’s/REAL National Commercial Property Index Fell 3.3% In August
(For August 2010) Moody’s/REAL National Commercial Property Index fell 3.3% in August and it is now running at -7.6% YoY. Chart 1. Moody’s/Real National Commercial Property Index
U.S. Housing Starts Rose 0.3%; Number Of Building Permits Issued In The U.S. Fell 5.6%
(For September 2010) U.S. housing starts in September rose 0.3% to 610.000 vs. revised (10.000 higher) 608.000 August reading. The consensus was at 580.000. On year level U.S. housing starts are up 4.1% Chart 1. U.S. Housing Starts Number of building permits issued in the U.S. in August fell 5.6% to 539.000. The consensus was at 575.000. On year […]
U.S. Industrial Production Fell 0.2% In September
(For September 2010) U.S. industrial production fell 0.2% in September. The consensus was at 0.2%, August reading at 0.2%. Chart 1. U.S. Industrial Production Capacity utilization fell to 74.7% in from revised 74.8% in August (revised from 74.7%) and consensus of 74.8%. Chart 2. Capacity Utilization Bigger miss than suggested by ISM manufacturing.
ECRI Weekly Leading Index Down 6.9%
(For The Week Ending October 8, 2010) ECRI Weekly Leading Index for week ending October 8, 2010 was reported down 6.9%. Prior reading was at -7.0%.. Chart 1. ECRI Weekly Leading Index
October Empire State Manufacturing Survey At 15.7
(For October 2010) Empire State Manufacturing Survey for October came out at 15.7 vs. 6.0 consensus and 4.1 prior reading. Positive surprise. Chart 1. ISM manufacturing vs. Regional Manufacturing Surveys
October University of Michigan Consumer Sentiment At 67.9
(For October 2010) October University of Michigan Consumer Sentiment was reported at 67.9 vs. 68.9 consensus and 68.2 September reading. Contrary to the other data released today this one is on the weak side. Chart 1. University of Michigan Consumer Sentiment vs. Conference Board Consumer Confidence
U.S. Retail Sales Rose 0.6% In September
(For September 2010) U.S. retail sales rose 0.6% in September . The consensus was at 0.4%, August reading (revised up 0.4%) was at +1.0%. On year level retail sales are up 7.3%. Declining only clothing & clothing accessories. Positive report. Chart 1. U.S. Retail Sales Autos taken out, the figure was an increase of 0.4% vs. consensus of 0.3% growth. Prior […]
U.S. Consumer Price Index Rose 0.1% In September
(For September 2010) U.S. consumer price index rose 0.1% in September vs. 0.2% consensus and August reading of 0.3%. Chart 1. U.S. Consumer Price Index Consumer price index fell less food & energy came out unchanged. September reading was also at 0.0%. The consensus was at 0.1%. Chart 2. U.S. Consumer Price Index Core (Less Food & Energy) We […]
U.S. Trade Deficit At $-46.3 Billion In August
(For August 2010) U.S. trade balance for June was reported at $-46.3 billion vs. consensus of $-44.0 billion and July reading of $-42.6 billion. Chart 1. U.S. Trade Balance