Tag Archives: Economic Alert

January ISM Manufacturing, December Income and Construction Spending

Manufacturing Sector Still Expanding but West Coast Docks Problematic The ISM Manufacturing Index for January decreased to a still-positive 53.5 percent. December Personal Income increased by 0.3 percent with little help from wages and salaries. December Personal Consumption Expenditures decreased … Continue reading

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2014Q4 GDP, January UI Claims

Fourth Quarter Real GDP Growth Eased to 2.6 Percent Real Gross Domestic Product growth for 2014Q4 eased to 2.6 percent after 5 percent growth in Q3. Inventories were stronger than expected, setting the stage for weaker gains in 2015Q1. Real … Continue reading

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January Consumer Confidence, December Home Sales, Durable Goods, November House Prices

Mostly Positive Data for FOMC to Ponder, Policy Announcement Due Tomorrow New Home Sales for December increased by 11.6 percent to an annual rate of 481,000 units. December Existing Home Sales gained4 percent, to a 5,040,000 unit annual rate. New … Continue reading

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December 2014 U.S. Employment

Another Strong Month for Job Creation, Unemployment Rate Falls to 5.6 Percent The December Payroll Employment Survey showed a gain of 252,000 payroll jobs. The Unemployment Rate for December dropped to 5.6 percent. Average Weekly Hours for all employees were … Continue reading

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November Home Sales, Income and Spending, Durable Goods Orders, Q3 GDP

Naughty and Nice, Home Sales Stutter but GDP Roars Ahead New Home Sales for November declined by 1.6 percent to an annual rate of just 438,000 units. November Existing Home Sales fell by 6.1 percent, to a 4,930,000 unit annual … Continue reading

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November Leading Indicators, CPI, December UI Claims, Fedspeak

Solid Economic Data Supports Another Step in the Fed’s Pivot The Leading Economic Index for November gained 0.6 percent. The Consumer Price Index for November fell by 0.3 percent with lower gasoline prices. Initial Claims for Unemployment Insurance fell by … Continue reading

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November Residential Construction, Industrial Production, December Rig Count

 Home Construction Dips, MF Output Surpasses Pre-Recession Peak November Housing Starts dipped by 1.6 percent to a 1,028,000 unit annual rate. Permits for new residential construction fell in November by 5.2 percent to a 1,035,000 unit pace. The Industrial Production … Continue reading

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November Retail Sales, October Inventories, December UI Claims

Autos Set the Pace for Strong Retail Sales November Retail Sales increased by 0.7 percent, boosted by surging auto sales. Ex-auto Retail Sales gained 0.5 percent. Most categories were up. Service station sales dropped. Business Inventories for October were up … Continue reading

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November U.S. Employment

Blowout Month for Payrolls, Up 321,000, Unemployment Rate Steady at 5.8 Percent The November Payroll Employment Survey showed a robust gain of 321,000 payroll jobs. The Unemployment Rate for November held steady at 5.8 percent. Average Weekly Hours for all … Continue reading

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October Consumer Prices, Existing Home Sales, Leading Indicators, November UI Claims

Low Oil Prices Dampen Consumer Inflation, Indicators Cruising into Q4 The October Consumer Price Index was unchanged as lower energy prices were met by higher air fares. The October Core CPI gained 0.2 percent, and was up 1.8 percent over … Continue reading

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