Thursday: ADP Employment, Weekly Unemployment Claims, ISM Non-Mfg Survey
From Goldman Sachs: The details of the trade balance report were similar to our previous assumptions, and we left our Q3 GDP tracking estimate unchanged...
Author : Calculated Risk
Annual Vehicle Sales: On Pace to decline in 2018
The BEA released their estimate of August vehicle sales. The BEA estimated sales of 16.596 million SAAR in August 2018 (Seasonally Adjusted Annual Rate), down...
U.S. Light Vehicle Sales at 16.7 million annual rate in August
Based on a preliminary estimate from AutoData, light vehicle sales were at a 16.7 million SAAR in August.Note: All other data from the BEA (the...
Trade Deficit increased to $50.1 Billion in July
From the Department of Commerce reported:The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was...
MBA: Mortgage Applications Decreased Slightly in Latest Weekly Survey
From the MBA: Mortgage Applications Slightly Decrease in Latest MBA Weekly SurveyMortgage applications decreased 0.1 percent from one week earlier, according to data from the...
Wednesday: Trade Deficit
From Matthew Graham at Mortgage News Daily: Mortgage Rates Snap Back to Recent HighsMortgage rates moved higher today, reversing the improvement seen last Friday. The...
Update: Framing Lumber Prices Off from Record Highs
Here is another monthly update on framing lumber prices. Lumber prices declined in August from the recent record highs, but are still up year-over-year.This...
Construction Spending increased 0.1% in July
Earlier today, the Census Bureau reported that overall construction spending increased slightly in July: Construction spending during July 2018 was estimated at a seasonally adjusted...
ISM Manufacturing index increased to 61.3 in August
The ISM manufacturing index indicated expansion in August. The PMI was at 61.3% in August, up from 58.1% in July. The employment index was at...
CoreLogic: House Prices up 6.2% Year-over-year in July
Notes: This CoreLogic House Price Index report is for July. The recent Case-Shiller index release was for June. The CoreLogic HPI is a three month...