Retail Sales Up 0.4% In April
Retail sales rose 0.4% in March . The consensus was at 0.2%, March reading of 1.6%. Autos taken out, the figure was also 0.4%; the consensus was at 0.5%; prior reading at 0.6%. Chart 1. U.S. Retail sales
Archive for the ‘U.S. Economic Data’ Category
Initial Jobless Claims Down 4.000
Initial jobless claims were reported at 444.000. The consensus was at 440.000, last week revised reading was at 448.000. Chart 1. U.S. Initial Jobless Claims
Initial Jobless Claims Down 11.000
Initial jobless claims were reported at 444.000. The consensus was at 445.000, last week reading was at 448.000. Chart 1. U.S. Initial Jobless Claims
ADP Employment & Challenger Job-Cut Reports For April
ADP Employment rose 32,000 in April vs. revised rise of 19,000 March. Challenger Job-Cut Report announced layoffs fell from 67,611 in March to 38,326 in April. We will have positive Nonfarm payrolls on Friday, the question is will the actual number reach consensus of +200,000. Chart 1. ADP Employment Chart 2. Challenger Job-Cut Report
MBA Mortgage Applications Up 4.0%
MBA mortgage applications rose 4.0% for week ending 30 April, the week before reading was at -2.9%. The first home-buyer tax credit program is approaching its end… Chart 1. MBA Mortgage Applications
Pending Home Sales Index Rose 5.3% In March
Pending home sales index rose 5.3% in March. Again first home-buyer tax credit effect… Chart 1. Pending Home Sales Index
U.S. Motor Vehicle Sales At 11.2 Million SAAR
U.S. total motor vehicle sales fell 0.56 million vehicles in April. Chart 1. U.S. Motor Vehicle Sales
U.S. Construction Spending Rose 0.2% In March
Construction spending is a contrast to the ISM Manufacturing. Needless to say that we cannot talk about economic recovery without construction spending. In March, U.S. construction spending rose 0.2% MoM. On a year level we are at -12.3%. Chart 1. U.S. Construction Spending
ISM Manufacturing Index For April At 60.4
ISM Manufacturing Index was reported at 60.4 vs. 61 consensus and 59.6. Highest reading since May 2004; seems a tad overdone; there has more prosperous manufacturing periods since then. Chart 1. ISM Manufacturing Index Source: Blytic.com
March Personal Income & Consumer Spending Tick Up
Personal income rose 0.3% MoM vs. 0.4% consensus and 0% prior reading. On YoY level the personal income is up 3%, but most of the increase comes due the low base effects. Consumer spending rose 0.6% MoM vs. 0.6% consensus and 0.3% prior reading. On YoY level the consumer spending is up 2.9%. The data […]
U.S. GDP Rose 3.2% in Q1 2010
U.S. GDP Rose 3.2% in Q1 2010. The consensus was at 3.4%, Q4 reading was at 5.6%. Chart 1. U.S. Real GDP & Percent Change Source: Blytic.com
Initial Jobless Claims Fell 11.000
Initial jobless claims were reported at 448.000. The consensus was at 447.000, last week revised higher reading was at 459.000. Chart 1. U.S. Initial Jobless Claims
Conference Board Consumer Confidence For April At 57.9
Consumer Confidence came out at 57.9 vs. 53.5 consensus and 52.5 for March. Large positive surprise. Chart 1. Conference Board Consumer Confidence
Durable Goods Orders Fell 1.3% In March
Durable good orders fell 1.3% in March vs. 0.4% consensus and 0.5% rise in February. Transportation taken out the figure was an increase of 2.8% vs. 0.9% in February. Chart 1. U.S. Durable Goods Orders Chart 2. U.S. Durable Goods Orders Ex. Transportation
Producer Price Index Rose 0.7% MoM in March
Producer price index rose 0.7% MoM in March. The consensus was at 0.4%; prior reading was at -0.6%. Chart 1. Producer Price Index