Tag Archives: international trade

June ISM Non-NMF, Auto Sales, May International Trade

Service Sector Gains Momentum at Mid-Year, June Employment Indicators Positive The ISM Non-Manufacturing Index for June increased to 56.5 percent. The U.S. International Trade Gap widened in May to -$41.1 billion. U.S. Auto Sales for June dipped to a 16.7 … Continue reading

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April ADP Jobs, ISM Non-MF, Auto Sales, March International Trade

Job Growth Eases, Service Sector Up, Autos Back on Track, Trade Gap Narrows The April ADP Employment Report showed a less-than-expected gain of 156,000 private-sector jobs. The ISM Non-Manufacturing Index increased in April to 55.7 on pricing and new orders. … Continue reading

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February ADP Jobs, Auto Sales

Jobs and Cars Signal Healthy Consumer Sector The February ADP Employment Report showed a gain of 214,000 private-sector jobs. February Auto Sales ticked down slightly to a 17.5 million unit rate. Our thesis for this year is that consumer spending … Continue reading

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December ADP Jobs, ISM Non-MF Index, Auto Sales, November Trade

Data Support Case for Ongoing Momentum in 2016 The December ADP Employment Report showed a strong increase of 257,000 private-sector jobs. The ISM Non-Manufacturing Index for December dipped to a still-positive 55.3 percent. December Auto Sales missed expectations, easing to … Continue reading

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Comerica Economic Weekly

U.S. payroll job growth for November was a little stronger than expected, coming in at 211,000 net new jobs. The unemployment was unchanged at 5.0 percent and average hourly earnings ticked up by 0.2 percent for the month. The solid … Continue reading

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November U.S. Employment, October International Trade

Solid Jobs Report Starts Countdown to Interest Rate Liftoff November Payroll Employment increased by 211,000 jobs, a little above consensus expectations. October and September payroll levels were revised up by a total of 35,000 jobs. The Unemployment Rate for November … 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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May ADP Employment, Auto Sales, ISM MF and Non-MF, April Trade

U.S. Data Improves, Consistent with 2015 GDP Ramp-Up After Dismal Q1 Private-Sector Employment increased by 201,000 jobs in May, according to ADP. Light Vehicle Sales zoomed to a 17.8 million unit annual rate in May. The ISM Manufacturing Index for … Continue reading

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February International Trade, March Auto Sales and UI Claims

Trade Gap Narrows, Autos Sales Jump, Claims Fall, Life is Good The U.S. International Trade Gap narrowed to -$35.4 billion in February. Light Vehicle Sales accelerated to a 17.2 million unit annual rate in March. Initial Claims for Unemployment Insurance … Continue reading

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February U.S. Employment, January International Trade

Despite Bad Weather, Another Strong Month for Job Growth The February Payroll Employment Survey showed a stronger-than-expected gain of 295,000 payroll jobs. The Unemployment Rate for February fell to 5.5 percent. Average Weekly Hours for all employees were steady at … Continue reading

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