Schedule for Week of July 30, 2017
The key report this week is the July employment report on Friday.Other key indicators include the July ISM manufacturing and non-manufacturing indexes, July auto sales,...
Author : Calculated Risk
Oil Rigs “Back in action”
A few comments from Steven Kopits of Princeton Energy Advisors LLC on July 28, 2017:• Total US oil rigs were up 2 to 766• Horizontal...
Freddie Mac: Mortgage Serious Delinquency rate declined in June, Lowest since April 2008
Freddie Mac reported that the Single-Family serious delinquency rate in June was at 0.85%, down from 0.87% in May. Freddie's rate is down from 1.08%...
Q2 GDP: Investment
First, the BEA released revisions of GDP data from 2014 through Q1 2017. In general, GDP was revised up slightly, although residential investment was revised...
BEA: Real GDP increased at 2.6% Annualized Rate in Q2
Real gross domestic product increased at an annual rate of 2.6 percent in the second quarter of 2017, according to the "advance" estimate released by...
Friday: GDP
From Merrill Lynch: On balance, [inventory] data added 0.3pp to 2Q GDP tracking, bringing us up to 2.4% heading into tomorrow's advance release. From the...
Vehicle Sales Forecast: Fifth consecutive month below 17 million SAAR
The automakers will report July vehicle sales on Tuesday, August 1st. Note: There were 26 selling days in July 2017, the same as in July...
Kansas City Fed: Regional Manufacturing Activity “Expanded Moderately” in July
The Federal Reserve Bank of Kansas City released the July Manufacturing Survey today. According to Chad Wilkerson, vice president and economist at the Federal Reserve...
HVS: Q2 2017 Homeownership and Vacancy Rates
The Census Bureau released the Residential Vacancies and Homeownership report for Q1 2017. This report is frequently mentioned by analysts and the media to track...
Weekly Initial Unemployment Claims increase to 244,000
The DOL reported:In the week ending July 22, the advance figure for seasonally adjusted initial claims was 244,000, an increase of 10,000 from the previous...