Initial Jobless Claims At 484.000; Up 2.000
Initial jobless claims were reported at 484.000. The consensus was at 465.000, last week revised reading was at 482.000. Chart 1. U.S. Initial Jobless Claims
Archive for the ‘U.S. Economic Data’ Category
Ceridian-UCLA Pulse of Commerce Index
Ceridian-UCLA Pulse of Commerce Index climbed 1.7% in July following a 1.9% drop in June. Press release. The index is designed to track diesel fuel consumption in real-time to serve as an industrial production proxy. I’ll monitor to see if it’s useful. Chat 1. Ceridian-UCLA Pulse of Commerce Index
U.S. Trade Deficit Widens To $-49.9 Billion In June
U.S. trade balance for June was reported at $-49.9 billion vs. consensus of $-42.5 billion and May reading of $-42.3 billion. Q2 GDP growth will be revised sharply downwards. Chart 1. U.S. Trade Balance
U.S. Q2 Non-Farm Productivity Fell 0.9%; U.S. Q2 Labor Costs Rose 0.2%
U.S. Non-Farm Productivity fell 0.9% in second quarter. The consensus was at 0.0%, first quarter reading at 2.8%. U.S. Labor Costs rose 0.2% in second quarter vs. 1.5% consensus and -1.3% reading in first quarter. This is highly deflationary. Chart 1. U.S. Non-Farm Productivity Chart 2. Unit Labor Costs
NFIB Small Business Optimism Index For July At 88.1
NFIB Small Business Optimism Index for July was reported at 88.1 vs. consensus of 88.0 and prior reading of 89.0. Readings at this level are consistent with weak recovery/recession. Chart 1. NFIB Small Business Optimism Index
ECRI Weekly Leading Index Down 10.3%
ECRI Weekly Leading Index for week ending July 30 was reported down 10.3%. Prior reading was at -10.7%. So, that’s probably it for this time… Chart 1. ECRI Weekly Leading Index
July Nonfarm Payrolls Reported At -131.000 / Unemployment Rate At 9.5%
Nonfarm payrolls fell 131.000 in July. The consensus was at -65.000, revised reading for June was a decrease of 221.000. The unemployment was reported at 9.5% vs prior reading of 9.5% and consensus of 9.6%. Average weekly hours worked for private employees rose 0.2% to 34.2. Chart 1. Nonfarm Payrolls & Unemployment Rate Chart 2. […]
Monster Employment Index Down Three Points In July
Monster Employment Index fell to 138 in July; May reading was at 141. Charts 1. Monster Employment Index
Initial Jobless Claims At 479.000; Up 19.000
Initial jobless claims were reported at 479.000. The consensus was at 455.000, last week revised reading was at 460.000. Chart 1. U.S. Initial Jobless Claims
ISM Non- Manufacturing Index For July At 54.3%
ISM Non- Manufacturing Index was reported at 54.3% vs. 53% consensus and 53.8% reading in June. Chart 1. ISM Non- Manufacturing Index
ADP Employment Rose 42,000 In July
ADP Employment rose 42,000 in July vs. revised rise of 19,000 in June. Nonfarm payrolls on Friday will be negative, probably missing a -60.000 consensus. Chart 1. ADP Employment
Challenger Job-Cuts For July At 41,676
Challenger’s count of layoff announcements was reported at 41,676 in July vs. 39,358 in June. Chart 1. Challenger Job-Cut Report
U.S. Factory Orders Fell 1.2% In June
U.S. factory orders fell 1.2% in June. The consensus was at -0.5%, prior revised reading was at -1.8%. Factory shipment fell 0.8%, May reading was at -1.8%. Another data point missing consensus. Chart 1. U.S. Manufacturers New Orders & Shipments
U.S. Motor Vehicle Sales For July At 11.85 Million SAAR
U.S. total motor vehicle sales for July rose 0.77 million units to 11.85 million SAAR. Chart 1. U.S. Motor Vehicle Sales
U.S. Personal Income & Consumer Spending Unchanged In June
U.S. personal income was reported unchanged in June vs. 0.2% consensus and revised 0.3% May reading. On YoY level the personal income is up 2.6%. U.S. consumer spending also remained unchanged in June vs. 0.1% consensus and 0.1% prior reading. On YoY level the consumer spending is up 4.6%. U.S. personal savings as a percentage of disposable income rose […]