Tag Archives: Economic Alert

July U.S. Employment

July Payrolls Up by 209,000, Unemployment Rate Down to 4.3 Percent Payroll Employment increased by 209,000 jobs in July, exceeding expectations. The Unemployment Rate for June dipped back down to 4.3 percent. Average Hourly Earnings were up by 2.5 percent … Continue reading

Posted in Daily, General, United States | Tagged , , | Comments Off on July U.S. Employment

July ISM Non-MF Index, UI Claims

Broad Economic Indexes Eased in July The ISM Non-Manufacturing Index for July decreased to a still-positive 53.9. Initial claims for unemployment insurance fell by 5,000 for the week ending July 29, to 240,000. The ISM Non-Manufacturing Index for July eased … Continue reading

Posted in Daily, General, United States | Tagged , , | Comments Off on July ISM Non-MF Index, UI Claims

July ADP Employment, Mortgage Applications

Private Sector Jobs Report Looks Good The July ADP Employment Report showed a solid net gain of 178,000 private sector jobs. Mortgage Applications fell by 2.8 percent for the last week of July. Based on today’s release of the July … Continue reading

Posted in Daily, General, United States | Tagged , , | Comments Off on July ADP Employment, Mortgage Applications

2016Q4 GDP, December Durable Goods Orders

First Estimate of Q4 GDP Below Expectations on Drags from Trade, Defense, Weather Real Gross Domestic Product for 2016Q4 increased at a weaker-than-expected 1.9 percent annual rate. New Orders for Durable Goods decreased by 0.4 percent in December. The first … Continue reading

Posted in Daily, General, United States | Tagged , , | Comments Off on 2016Q4 GDP, December Durable Goods Orders

December Existing Home Sales

  Sales Slip as Condos Crack Existing Home Sales decreased by 2.8 percent in December to a 5,490,000 unit annual rate. Existing home sales eased by 2.8 percent in December, ending the year in the same pattern that they started the … Continue reading

Posted in Daily, General, United States | Tagged , , | Comments Off on December Existing Home Sales

December Retail Sales and Producer Prices

Cars and Gasoline December Retail Sales increased by 0.6 percent, boosted by auto sales and gasoline prices. Retail Sales Ex-Autos increased by 0.2 percent in December. The Producer Price Index for Final Demand gained 0.3 percent in December, on higher … Continue reading

Posted in Daily, General, United States | Tagged , , , | Comments Off on December Retail Sales and Producer Prices

Federal Reserve Monetary Policy

Fed Raises Short-Term Interest Rates 25 Basis Points As Expected As widely expected, the Federal Reserve raised the target range of the fed funds rate by 25 basis points. The vote of the Federal Open Market Committee was unanimous. The … Continue reading

Posted in Daily, General, United States | Tagged , , | Comments Off on Federal Reserve Monetary Policy

November Retail Sales, Industrial Production and Producer Prices

 Holiday Sales, Ho Ho No? November Retail Sales increased by just 0.1 percent. Industrial Production fell by 0.4 percent in November as utility output dropped. The Producer Price Index for Final Demand increased by 0.4 percent in November. The Federal … Continue reading

Posted in Daily, General, United States | Tagged , , | Comments Off on November Retail Sales, Industrial Production and Producer Prices

April Income and Spending, March House Prices:

Consumer Spending Adds to Fed Rate Hike Expectations U.S. Personal Income increased by 0.4 percent in April. After inflation and taxes, Real Disposable Income gained 0.2 percent for the month. Nominal Consumer Spending increased by a strong 1.0 percent in … Continue reading

Posted in Daily, General, United States | Tagged , , , , | Comments Off on April Income and Spending, March House Prices:

January New and Existing Home Sales, December House Prices

Soft Home Sales in the West, but Conditions Look Good for Spring Sales Season New Home Sales for January sagged, down 9.2 percent to a 494,000 unit annual rate. Existing Home Sales in January were essentially unchanged, up 0.4 percent … Continue reading

Posted in Daily, General, United States | Tagged , , , , , | Comments Off on January New and Existing Home Sales, December House Prices