CalculatedRisk @ October 15, 2011 # Comments Off
From economist Tom Lawler: Based on the information I have so far from local realtor associations/MLS/boards, I estimate that existing home sales as calculated by the National Association of Realtors ran at a seasonally adjusted annual rate [SAAR] of a…
CalculatedRisk @ October 14, 2011 # Comments Off
The preliminary October Reuters / University of Michigan consumer sentiment index declined to 57.5 from 59.4 in September.
Click on graph for larger image in graph gallery.
In general consumer sentiment is a coincident indicator and is usually impa…
CalculatedRisk @ October 13, 2011 # Comments Off
The Department of Commerce reports:
[T]otal August exports of $177.6 billion and imports of $223.2 billion resulted in a goods and services deficit of $45.6 billion, virtually unchanged from July, revised. August exports were $0.1 billion less than J…
CalculatedRisk @ October 13, 2011 # Comments Off
The DOL reports:
In the week ending October 8, the advance figure for seasonally adjusted initial claims was 404,000, a decrease of 1,000 from the previous week’s revised figure of 405,000 [revised up from 401,000]. The 4-week moving average was 408,00…
CalculatedRisk @ October 12, 2011 # Comments Off
This is the UCLA Anderson Forecast and Ceridian Corporation index using real-time diesel fuel consumption data: Pulse of Commerce Index Falls for the Third Month in a Row – Down 1.0 Percent in September
The Ceridian-UCLA Pulse of Commerce Index®(PCI…
CalculatedRisk @ October 11, 2011 # Comments Off
From Professor Duy: Too Early to Sound the All Clear?. An excerpt: [A]lthough there is optimism the European situation can be resolved in three weeks, they seem to be walking a very fine line between attempting to recapitalize the banking system witho…
CalculatedRisk @ October 8, 2011 # Comments Off
The U.S. economic data was still fairly weak last week, but the data was mostly better than expected. Of course the European financial crisis dominated the headlines, and the next few weeks will be critical in Europe.
The key U.S. story was the Septe…
CalculatedRisk @ October 6, 2011 # Comments Off
The DOL reports:
In the week ending October 1, the advance figure for seasonally adjusted initial claims was 401,000, an increase of 6,000 from the previous week’s revised figure of 395,000. The 4-week moving average was 414,000, a decrease of 4,000 fr…
CalculatedRisk @ October 5, 2011 # Comments Off
The September ISM Non-manufacturing index was at 53.0%, down from 53.3% in August. The employment index decreased in September to 48.7%, down from 51.6% in August. Note: Above 50 indicates expansion, below 50 contraction.
From the Institute for Supp…
CalculatedRisk @ October 5, 2011 # Comments Off
ADP reports:
According to today’s ADP National Employment Report, employment in the nonfarm private business sector rose 91,000 from August to September on a seasonally adjusted basis. Employment in the private, service-providing sector rose 90,000 …