Archive for December 15th, 2010

November NAHB Housing Market Index At 16

Housing Market Index for October was reported at 16, unchanged from October. Consensus was also at 16.

U.S. Industrial Production Rose 0.4% In November

U.S. industrial production rose 0.4% in November. The consensus was at 0.3%, October revised (down -0.2%) reading was at -0.2%. On year level industrial production is up 5.4%.

Empire State Manufacturing Survey For December At 10.57

Empire State Manufacturing Survey for December came out at 10.57 vs. 5.0 consensus and -11.14 prior reading.

MBA Mortgage Applications Down 2.3%

MBA mortgage applications fell 2.3%; Prior reading was a decrease of 0.9%; On year level MBA Basic Index is down 11.6%.

U.S. Consumer Price Index Rose 0.1% In November

U.S. consumer price index rose 0.1% in November vs. 0.2% consensus and October reading of 0.2%. On year level CPI inflation is running at 1.1%.

Morning Reading – December 15, 2010

Real Time Economics on retail sales and GDP growth *** Economix on economic inequality causing crises *** Green on China “peak coal” *** FT Alphaville on private exchanges and private placements *** FT Alphaville on Spain *** FT Alphaville on Bill Gross municipal bond investments *** FT Alphaville on Mervyn King Wiki Leaks adventures *** FT Alphaville U.K. government bailout exit *** Calculated Risk on mortgage rates *** The Big Picture on Bernie Madoff, Uncle Sam, Charles Ponzi and current economic picture *** The Big Picture interest rates ***The Big Picture on foreclosuregate *** Felix Salmon on missed opportunities in history of internet ***

 

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