U.S. Producer Price Index Rose 0.8% In September
U.S. producer price index rose 0.8% in September vs. 0.2% consensus. August reading was at 0.0%. On year level PPI is up 7.0%.
Archive for the ‘U.S. Economic Data’ Category
October Empire State Manufacturing At -8.5; U.S. Industrial Production Rose 0.2% In September
Empire State Manufacturing General Business Conditions Index for June came out at -8.5 vs. -4.0 consensus and prior reading of 8.8.
U.S. industrial production rose 0.1% in May. Consensus was at 0.2%, April reading was at 0.0%.
U.S. Retail Sales Rose 1.1% In September
U.S. retail sales were rose 1.1% in September vs. 0.7% consensus. August reading was at 0.3% (revised from 0.0%). On year level retail sales are up 7.9%.
U.S. Initial Jobless Claims At 404.000; Down 1.000
Initial jobless claims in the U.S. were reported at 404.000 vs. 405.000 consensus and last week revised (up 4.000) reading of 405.000.
FOMC Minutes – October 12, 2011
This is fun. A colorful discussion with lots of opposing views.
September Nonfarm Payrolls Rose 103.000; Private Payrolls Up 137.000; Unemployment Rate Unchanged At 9.1%
Nonfarm payrolls rose 103.000 in September; Consensus was at 60.000; August reading was an increase of 57.000 (revised up 57.000). The unemployment was reported at 9.1% vs. prior reading and consensus of 9.1%.
Private payrolls were up 137.000 vs. 90.000 consensus and 42.000 reading in August (revised up 25.000).
Big positive surprise
U.S. Initial Jobless Claims At 401.000; Up 6.000
Initial jobless claims in the U.S. were reported at 401.000 vs. 410.000 consensus and last week revised (up 4.000) reading of 395.000.
ADP Employment Rose 91,000 In September
ADP Employment rose 91,000 in September vs. revised (down 2,000) gain of 89,000 in August.
September Challenger Job-Cuts At 115,730
Challenger’s count of layoff announcements was reported at 115,730 in September vs. 51,114 in August.
ECRI’s Lakshman Achuthan: We Are Going Into Recession
CNBC: ECRI’s Lakshman Achuthan: We Are Moving Into Recession
U.S. New Home Sales Fell 2.3% In August
U.S. new home sales fell 2.3% to 295.000 SAAR; Consensus was at 293.000 SAAR, prior reading (revised upward 4.000) was at 301.000 SAAR.
August Chicago Fed National Activity Index At -0.43
Chicago Fed National Activity Index for August was reported at -0.43 vs. revised July reading of -0.02. Chicago Fed National Activity Index 3-month moving average is at -0.28.
CFNAI is pointing to mild economic growth.
U.S. Initial Jobless Claims At 423.000; Down 9.000
Initial jobless claims in the U.S. were reported at 423.000 vs. 420.000 consensus and last week revised (up 4.000) reading of 432.000.
FOMC Statement – September 21, 2011
Actions as expected: operation twist has started. The committee has described the economic condition much more negatively then expected.
Number Of U.S. Housing Starts Fell 5.0% In August
U.S. housing starts in August fell 5.0% to 571.000 vs. revised (11.000 higher) 601.000 July reading. Consensus was at 590.000. On year level U.S. housing starts are down 5.8%.