September NAHB Housing Market Index At 14
Housing Market Index for September was reported at 14, down from 15 in August. Consensus was at 15.
I haven’t take a look at this for half a year. Still looking extremely weak.
Archive for the ‘U.S. Economic Data’ Category
September University of Michigan Consumer Sentiment Preliminary Reading At 57.8
September University of Michigan Consumer Sentiment preliminary reading was reported at 57.8 vs. 57.0 consensus and 55.7 August reading.
U.S. Consumer Price Index Rose 0.4% In August
U.S. consumer price index rose 0.4% in August vs. 0.2% consensus and July reading of 0.5%. On year level CPI inflation is running at 3.8%.
U.S. Initial Jobless Claims At 428.000; Up 11.000
Initial jobless claims in the U.S. were reported at 428.000 vs. 411.000 consensus and last week revised (up 6.000) reading of 417.000.
August Nonfarm Payrolls Unchanged; Private Payrolls Up 17.000; Unemployment Rate At 9.1%
Nonfarm payrolls were unchanged in August; Consensus was at 60.000; July reading was an increase of 85.000 (revised down 32.000). The unemployment was reported at 9.1% vs. prior reading and consensus of 9.1%.
Private payrolls were up 17.000 vs. 95.000 consensus and 156.000 reading in July (revised up 2.000).
Large negative surprise and a confirmation of economic slowdown.
U.S. Initial Jobless Claims At 407.000; Down 12.000
Initial jobless claims in the U.S. were reported at 407.000 vs. 410.000 consensus and last week revised (up 4.000) reading of 421.000.
August Chicago Purchasing Managers Index At 56.5
Chicago Purchasing Managers Index was reported at 56.5. Consensus was at 53.3, prior reading at 58.8.
August Challenger Job-Cuts At 51,114
Challenger’s count of layoff announcements was reported at 51,114 in August vs. 66,414 in July.
ADP Employment Rose 91,000 In August
ADP Employment rose 91,000 in August vs. revised (down 5,000) gain of 109,000 in July.
FOMC Minutes – August 30, 2011
Looks like we have some eager FOMC members, so I suspect that we will have a serious discussion on QE 3 during the next FOMC meeting which will be held on 20th and 21st September.
August Conference Board Consumer Confidence At 44.5
Conference Board consumer confidence came out at 44.5 vs. 52.0 consensus and 59.5 reading for July.
Lowest since April 2009. Massive negative surprise.
S&P/Case-Shiller 10 City Composite HPI Unchanged In June
Seasonly adjusted S&P/Case-Shiller HPI 10 city was unchanged in June; On year level 10 city index is down 3.9%.
U.S. Personal Income Rose 0.3% In July; U.S. Consumer Spending Rose 0.8%
U.S. personal income rose 0.3% in July vs. 0.3% consensus and 0.2% rise in June (revised up 0.1%). On y-o-y level personal income is up 5.3%.
Bernanke Jackson Hole Speech – A Big Nothing
In short – A big nothing
U.S. Q2 GDP Growth Second Estimate At 1.0%
U.S. Q2 GDP growth second estimate was reported at 1.0%; prior estimate was at 1.3%; consensus was at 1.1%. Q1 2011 reading was at +0.4% .