Tag Archives: alert

January Retail Sales, NFIB Survey, December JOLTS

Consumers Off to a Sluggish Start for Q1, Taxes Matter January Retail Sales increased by just 0.1 percent as consumers adjusted to higher taxes. Ex-auto Retail Sales gained 0.2 percent as general merchandise stores gained 1.1 percent. The NFIB Business … Continue reading

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December International Trade, Q4 Productivity, January UI Claims

         Positive December Trade Data Expected to Erase Negative on Q4 GDP The U.S. International Trade gap narrowed more than expected in December to -$38.5 billion. Nonfarm Productivity declined at a 2.0 percent annual rate in Q4 due to nonrepeating … Continue reading

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January U.S. Employment, ISM Manufacturing Index, Dec. Construction

Limping Into 2013 as Fiscal Headwinds Increase The January Payroll Employment Survey showed a gain of 157,000 jobs, a bit below expectations. The Unemployment Rate for January increased to 7.9 percent, essentially unchanged for 5 months. Average Weekly Hours were … Continue reading

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2012Q4 GDP and Federal Reserve Policy Announcement

Q4 Real GDP Contracts Slightly, Monetary Policy Stays on Course Real Gross Domestic Product decreased slightly at a -0.1 percent annualized rate in 2012Q4. The drag came from inventories and Federal defense spending. Consumer spending, business fixed investment and residential … Continue reading

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Dec. Durable Goods, Nov. House Prices, Jan. Consumer Confidence and TX Mf Index

 Mixed Data Suggests Some Momentum Heading into Fiscal Drag December New Orders for Durable Goods gained 4.6 percent, led by military and commercial aircraft. The Case-Shiller 20-City Composite House Price Index for November gained 0.6 percent. The Conference Board’s Consumer … Continue reading

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December New Home Sales

                                        Weather May Have Obscured Improving Trend  New Home Sales for December decreased by 7.3 percent, to a 369,000 unit annual rate. The Months’ Supply of new homes increased in December to 4.9 months’ worth. The new home sales data … Continue reading

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December Leading Indicators, January UI Claims, KC Fed

  Data Buoys Equity Markets, Equity Markets Buoy Data The Leading Economic Index for December gained 0.5 percent as labor data normalized post-Sandy. Initial Claims for Unemployment Insurance fell by 5,000 for the week ending January 19 to hit 330,000. Favorable … Continue reading

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