Fed: Industrial Production decreased 0.5% in April
From the Fed: Industrial production and Capacity Utilization Industrial production decreased 0.5 percent in April after having increased 0.3 percent in March and 0.9 percent...
Author : Calculated Risk
Wednesday: Industrial Production, Builder Confidence, PPI, Empire State Mfg Survey
A rare mid-week bank closing from the FDIC: Western State Bank, Devils Lake, North Dakota, Assumes All of the Deposits of Central Arizona Bank, Scottsdale,...
CBO Update: Deficit Shrinking Rapidly
The Congressional Budget Office (CBO) released their new Updated Budget Projections: Fiscal Years 2013 to 2023 If the current laws that govern federal taxes and...
Bernanke: “Monitoring the Financial System”
From Fed Chairman Ben Bernanke: Monitoring the Financial System "Ongoing monitoring of the financial system is vital to the macroprudential approach to regulation. Systemic risks...
Temporary Help Services and Employment
Back in 2010, some analysts took the surge in temporary help services as a leading indicator for a pickup in employment. I was skeptical...ack then, first...ecause...
Tuesday: JOLTS
The recent controversy surrounding historian Niall Ferguson reminds me of...his post some...ime ago by Invictus: Open Mouth, Insert Foot: Going Viral? This post [is] about [Ferguson's]...
LPS: New Problem Loans at Lowest Rate in 6 Years; Negative Equity Drops
LPS: New Problem Loans at Lowest Rate in 6 Years; Negative Equity Drops by Bill McBride on 5/06/2013 08:38:00 AM LPS released their Mortgage Monitor...
The End of Austerity in Europe?
From Bloomberg: France Declares Austerity Over as Germany Offers Wiggle Room “We’re witnessing the end of the dogma of austerity” as the only tool to...
Housing Starts and the Unemployment Rate
By request, here is an update to a graph that I've been posting for several years. This shows single family housing starts (through March 2013) and...
Schedule for Week of May 5th
This will be a very light week for economic data. The Fed's April Senior Loan Officer Survey will be released on Monday, and Fed Chairman Ben...