Initial Jobless Claims Fell 28.000
Initial jobless claims were reported at 456.000. The consensus was at 460.000, last week reading was at 484.000. Chart 1. U.S. Initial Jobless Claims Source: Blytic.com
Archive for the ‘U.S. Economic Data’ Category
Commercial Real Estate Resuming Negative Trend
Moody’s/Real National Commercial Property Index declined 2.6% in February and 25.8% YoY. The chart was constructed with Blytic.You will need to install Microsoft Silverlight to view the graph and use Blytic. I absolutely love the site.
UOM/Reuters Consumer Sentiment For April At 69.5
Consumer sentiment for March came out at 69.5 vs. 75 consensus and 73.6 prior reading. A disappointment. Chart 1. University of Michigan/Reuters Consumer Sentiment
U.S. Industrial Production Rose 0.1% In March
U.S. industrial production rose 0.1% in March. The consensus was at 0.8%, February reading at 0.1%. Capacity utilization rose from 72.7% in February to 73.2%; the consensus was at 73.4%. Chart 1. U.S. Industrial Production and Capacity Utilization
Initial Jobless Claims Rose 24.000
Initial jobless claims were reported at 484.000. The consensus was at 440.000, last week reading was at 460.000. Additional work is needed on estimates…. Chart 1. U.S. Initial Jobless Claims
CPI For March At 0.1%
Consumer price inflation for March was reported at 0.2%, right at the consensus. The prior reading was 0%. The core inflation was at 0%, vs. prior reading and consensus at 0.1%. No inflation, nor any hint of it. Chart 1. Consumer Price Inflation
Retail Sales Rose 1.6% In March
Retail sales rose 1.6% in March . The consensus was at 1.2%, February reading at 0.3%. Autos taken out, the figure was 0.6%; the consensus was at 0.5%; prior reading at 0.8%. The Easter was earlier this year, so noting to get excited here. Chart 1. U.S. Retail sales
U.S. Trade Balance At $-39.7 Billion
Data point from yesterday. U.S. trade balance for February was reported at $-39.7 billion vs. consensus of $-39 billion and a January reading of $-37.3 billion. Chart 1. U.S. Trade Balance
Initial Jobless Claims Rose 18.000
Initial jobless claims came out at 460.000. The consensus was at 435.000. The week before figure was revised higher to 442.000. Chart 1. U.S. Initial Jobless Claims
Outstanding Consumer Credit Fell 5.6% In February
Outstanding consumer credit fell annualized 5.6% in February following a annualized 2.4% increase in January. January increase in consumer credit ended a 15 month long negative streak, February reading marked a return to falling consumer credit trend. Chart 1. Consumer Credit
ISM Non-Manufacturing Index For March At 55.4
ISM Non-Manufacturing Index for March rose to 55.4, the consensus was at 54, prior reading at 53. Chart 1. ISM Non-Manufacturing Index
Nonfarm Payrolls At +162.000 / Unemployment Rate At 9.7%
Nonfarm payrolls increased 162.000 in March. The consensus was at 200.000, revised reading for March was -14.000. The unemployment rate remained at 9.7%. Below consensus reading, despite census hiring. Weather impact was 100.000, so “core” +60.000 is not much of an improvement. Chart 1. Nonfarm Payrolls & Unemployment Rate
ISM Manufacturing Index Surprises To The Upside
ISM Manufacturing Index came out at 59.6 vs. prior reading of 56.5 and consensus of 56.3. A big positive surprise. Chart 1. ISM Manufacturing Index
Initial Jobless Claims Down 6.000
Initial jobless claims came out at 439.000. The consensus was at 440.000. The week before figure was revised higher to 445.000. Chart 1. U.S. Initial Jobless Claims
ADP National Employment Down 23.000 In March
Despite the much hyped expected positive print the reported figure is -23.000 private job loss in March. Chart 1. ADP National Employment