Tag Archives: Economic Alert

2015Q3 GDP, October UI Claims, Fedspeak

Third Quarter GDP Growth Cooled as Inventories Were Drained Real Gross Domestic Product for 2015Q3 increased at a tepid 1.5 percent annual rate. Initial Claims for Unemployment Insurance were little changed at 260,000 for the week ending Oct. 24. The … Continue reading

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September Existing Home Sales, Leading Indicators, Oct. UI Claims

Home Sales Rebound, Indicators Dip on Stock Prices, Claims Low Existing Home Sales for September increased by 4.7 percent to an annual rate of 5.55 million units. The Leading Economic Index fell by 0.2 percent in September, as the stock … Continue reading

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September Residential Construction, October Home Builders Survey

Builder Confidence Grows as Single-Family Construction Gains September Housing Starts increased by 6.5 percent to a 1,206,000 unit annual rate. Permits for new residential construction dropped in September by 5.0 percent to a 1,103,000 unit pace. The National Association of … Continue reading

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September U.S. Employment

Disappointing Jobs Report Adds to Fed Uncertainty September Payroll Employment increased by a weaker-than-expected 142,000 jobs. August and July payroll levels were revised down by a total of 59,000 jobs. The Unemployment Rate for September stayed at 5.1 percent. Average … Continue reading

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August Income/Spending, Fedspeak

Strong Consumer Spending Shows Changing Forces within Economy S. Personal Income lifted by 0.3 percent in August. Real disposable income also gained 0.3 percent. Nominal Consumer Spending increased by 0.4 percent in August, supported by auto sales. New York Federal … Continue reading

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August Home Sales, Durable Goods Orders, Sept. UI Claims

New Home Sales Hit Another Post-Recession High New Home Sales for August increased by 5.7 percent to an annual rate of 552,000 units. Existing Home Sales in August declined by 4.8 percent, to a 5.31 million unit annual rate. New … Continue reading

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August U.S. Employment

Headline Miss Belies Solid Employment Report August Payroll Employment increased by 173,000 jobs. June and July payrolls were revised up by 44,000. The Unemployment Rate for August dipped to 5.1 percent. Average Weekly Hours edged up to 34.6 hours. Average … Continue reading

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August ISM Non-MF, UI Claims, July Trade

Service Sector Strength Provides Insulation from International Events The ISM Non-Manufacturing Index for August eased to a still-strong 59.0 percent. The U.S. International Trade Gap narrowed in August to -$41.9 billion. Initial Claims for Unemployment Insurance gained 12,000 to hit … Continue reading

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August ADP Jobs, Auto Sales, ISM MF Index, July Construction Spending

Grab Bag of Economic Data Consistent with Moderate Growth Economy The August ADP Employment Report showed a moderate increase of 190,000 private-sector jobs. Auto Sales zoomed to a robust 17.8 million unit rate in August. The ISM Manufacturing Index for … Continue reading

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July U.S. Employment

Payrolls Up 215,000, Looks like “Some” July Payroll Employment increased by 215,000 jobs. May and June payrolls were revised up by 14,000 jobs. The Unemployment Rate for July was unchanged at 5.3 percent. Average Weekly Hours edged up to 34.6 … Continue reading

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