U.S. Initial Jobless Claims At 434.000; Down 44.000
Initial jobless claims in the U.S. were reported at 434.000 vs. 430.000 consensus and last week revised (up 4.000) reading of 478.000.
Not looking good.
Archive for the ‘U.S. Economic Data’ Category
April Nonfarm Payrolls Rose 244.000; Unemployment Rate At 9.0%
Nonfarm payrolls rose 244.000 in April; Consensus was at 185.000; March reading was an increase of 216.000 (revised +5.000). The unemployment was reported at 9.0% vs. prior reading of 8.8% and consensus of 8.8%.
Private payrolls were up 268.000 vs. 200.000 consensus and 231.000 reading in March (revised +1.000).
Nice positive beat despite all kind of wishful thinking flooding the sentiment…
U.S. Initial Jobless Claims At 474.000; Up 43.000
Initial jobless claims in the U.S. were reported at 474.000 vs. 410.000 consensus and last week revised (up 2.000) reading of 431.000.
Challenger Job-Cuts For April At 36,490
Challenger’s count of layoff announcements was reported at 36,490 in April vs. 41,528 in March.
ADP Employment Rose 179,000 In April
ADP Employment rose 179,000 in April vs. revised (up 6,000) gain of 207,000 in March.
Nonfarm payrolls on Friday could be close to the 185,000 consensus.
U.S. Construction Spending Rose 1.4% In March
U.S. construction spending rose 1.4% in March vs. 0.4% consensus and 2.6% fall (revised from 1.4% fall) in February. On year level we are at -6.7%.
April ISM Manufacturing Index At 60.4
ISM Manufacturing Index was reported at 60.4 vs. prior reading of 61.2 and consensus of 59.5.
Smaller slowdown than expected, positive surprise.
U.S. Personal Income Rose 0.5%; U.S. Consumer Spending Rose 0.6%
U.S. personal income rose 0.5% in March vs. 0.4% consensus and 0.4% rise in February. On y-o-y level personal income is up 5.3%.
U.S. GDP Growth in Q1 2011 At 1.8%
U.S. GDP growth for Q1 was reported at 1.8%; consensus was at 2.0%. Q4 2010 reading was at +3.1%.
Slowing down.
FOMC Statement – April 27, 2011
As expected: rising commodity prices increased inflation but the effect are only transitory, asset purchase programs will be completed as scheduled, extended period formulation still here.
U.S. New Home Sales Rose 11.1% In March
U.S. new home sales rose 11.1% to 300.000 SAAR; Consensus was at 280.000 SAAR, prior reading (revised upward 20.000) was at 270.000 SAAR.
April Philadelphia FED General Business Conditions Index At 18.5
Philadelphia FED General Business Conditions Index fell from 43.4 to 18.5. Consensus was at 36.9.
As I wrote march reading was clearly an outlier, so this is a kind of normalization.
Moody’s/REAL National Commercial Property Index Fell 3.3% In February
Moody’s/REAL National Commercial Property Index fell 3.3% in February and it is now running at -4.9% y-o-y.
U.S. Initial Jobless Claims At 403.000; Down 13.000
Initial jobless claims in the U.S. were reported at 403.000 vs. 390.000 consensus and last week revised (up 4.000) reading of 416.000.
Four week moving average rising.
U.S. Existing Homes Sales Rose 3.7% In March
Sales of existing homes in U.S. rose 3.7% to 5.1 million units SAAR. Consensus was at 5.0 million.