ECRI Weekly Leading Index Recovering
ECRI Weekly Leading Index for week ending January 20, 2012 was reported down 6.5% y-o-y. Prior reading was at -7.6%.
Archive for the ‘U.S. Economic Data’ Category
U.S. GDP Growth in Q4 2011 At 2.8%
U.S. GDP growth for Q4 was reported at 2.8%; consensus was at 3.0%. Q3 2011 reading was at 1.8%.
FOMC Statement – January 25, 2012
Statement wording unchanged, federal funds rates at exceptionally low levels at least through late 2014.
U.S. Initial Jobless Claims At 352.000; Down 50.000
Initial jobless claims in the U.S. were reported at 352.000 vs. 384.000 consensus and last week revised (up 3.000) reading of 402.000.
U.S. Housing Starts Down 4.1% In December
U.S. housing starts in September fell 4.1% to 657.000 vs. 685.000 November reading. Consensus was at 680.000. On year level U.S. housing starts are up 24.9%.
U.S. Consumer Price Index Unchanged In December
U.S. consumer price index was unchanged in December vs. 0.1% consensus and unchanged reading for November. On year level CPI inflation is running at 3.0%.
January Empire State Manufacturing At 13.5
Empire State Manufacturing General Business Conditions Index for Januray came out at 13.5 vs. 11.0 consensus and prior reading of 8.2.
U.S. Retail Sales Rose 0.1% In December
U.S. retail sales rose 0.1% in December vs. 0.3% consensus. November reading was at 0.4% (revised from 0.2%). In 2011 retail sales were up 6.5%.
U.S. GDP Growth in Q3 2011 Revised 1.8%
U.S. GDP growth for Q3 was revised from 2.0% to 1.8%; consensus was at 2.0%. Q2 2011 reading was at 1.3%.
November Chicago Fed National Activity Index At -0.37
Chicago Fed National Activity Index for November was reported at -0.37 vs. revised October reading of -0.11. Chicago Fed National Activity Index 3-month moving average is at -0.24.
U.S. Initial Jobless Claims At 364.000; Down 4.000
Initial jobless claims in the U.S. were reported at 364.000 vs. 380.000 consensus and last week revised (up 2.000) reading of 368.000.
ECRI Weekly Leading Index Update
ECRI Weekly Leading Index for week ending December 9, 2011 was reported down 7.5% y-o-y. Prior reading was at -7.7%.
U.S. Consumer Price Index Unchanged In November
U.S. consumer price index was unchanged in November vs. 0.1% consensus and October reading of -0.1%. On year level CPI inflation is running at 3.4%.
December Empire State Manufacturing At 9.5; Philadelphia Fed General Business Conditions Index At 10.3; U.S. Industrial Production Fell 0.2% In November
Empire State Manufacturing General Business Conditions Index for December came out at 9.5 vs. 3.0 consensus and prior reading of 0.6.
Philadelphia FED General Business Conditions Index rose from 3.6 to 10.3. Consensus was at 5.0.
PMI are showing signs of recovery.
U.S. industrial production fell 0.2% in November. Consensus was at 0.1%, October reading was at 0.7%.
U.S. Producer Price Index Rose 0.3% In November
U.S. producer price index rose 0.3% in November vs. 0.2% consensus. October reading was at -0.3%. On year level PPI is up 5.9%.
