Archive for October 1st, 2010

ECRI Weekly Leading Index Down 7.8%

(For The Week Ending September 24, 2010) ECRI Weekly Leading Index for week ending September 24, 2010 was reported down 7.8%. Prior reading was at -8.7%.. Chart 1. ECRI Weekly Leading Index

U.S. Construction Spending Rose 0.4% In August

(For August 2010) U.S. construction spending rose 0.4% m-o-m in August vs. -0.4% consensus and revised (down -0.4%) 1.4% fall in June. On year level we are at -10.0%. Chart 1. U.S. Construction Spending

September University of Michigan/Reuters Consumer Sentiment Revised Upwards

(For September 2010) University of Michigan/Reuters Consumer Sentiment for September final reading came out at 68.2 vs. 66.6 reported two weeks ago; 67.0 consensus and 68.9 August reading. Chart 1. University of Michigan/Reuters Consumer Sentiment vs. Conference Board Consumer Confidence

September ISM Manufacturing Index At 54.4

(For September 2010) ISM Manufacturing Index was reported at 54.4 vs. prior reading of 56.3 and consensus of 54.5. The pace of growth in industrial activity is weakening. Chart 1. ISM vs. Philadelphia vs. Regional Manufacturing Surveys

U.S. Personal Income & Consumer Spending Rose In August

(For August 2010) U.S. personal income rose 0.5% in August vs. 0.3% consensus and 0.2% July reading. On y-o-y level the personal income is up 3.3%. Chart 1. U.S. Personal Income U.S. consumer spending also rose 0.4% in August vs. 0.4% consensus and 0.4% July reading. On y-o-y level the consumer spending is up 2.7%. Chart […]

Hidden Capacity In Shipping

Interesting chart today in Bloomberg’s Chart of the Day by Norwegian Arctic Securities. A slowing merchant shipping fleet isconcealing capacity that will undermine the industry’s recoveryas world trade quickens, according to Arctic Securities ASA, anOslo-based investment bank. The biggest reduction occurred in container shipping, wherespeeds dropped by 20 percent from their peak, according toArctic estimates. […]

U.S. Natural Gas Weekly – October 1, 2010

(For The Week Ending September 24, 2010) Working gas in storage rose 74 Bcf from previous week. Consensus was at 68 Bcf. Opposite to overwhelming negative historical stock market performance in September natural gas has overwhelmingly positive historical positive performance in September. Not this year. The risk here is skewed to the upside. Chart 1. Natural Gas Futures […]

China September Federation of Logistics & Purchasing and National Bureau of Statistics PMI At 53.8

(For September 2010) China Federation of Logistics & Purchasing and National Bureau of Statistics PMI rose from 51.7 to 53.8. Both China PMI’s suggest that China industrial production figures for September will improve a bit. Chart 1. China Federation of Logistics & Purchasing and National Bureau of Statistics PMI; HSBC Markit China Manufacturing PMI; China Industrial Production […]


Get Adobe Flash player