Bank Failures by Year
In 2017, eight FDIC insured banks failed. This was up from 5 in 2016.The great recession / housing bust / financial crisis related failures are...
Author : Calculated Risk
Schedule for Week of Jan 14, 2018
The key economic report this week is December Housing Starts.For manufacturing, December industrial production, and the January New York, and Philly Fed manufacturing surveys, will...
Oil Rigs “Total US oil rigs were up 10 to 752 this week”
A few comments from Steven Kopits of Princeton Energy Advisors LLC on Jan 12, 2017:• Total US oil rigs were up 10 to 752 this...
Key Measures Show Inflation Increased in December
The Cleveland Fed released the median CPI and the trimmed-mean CPI this morning: According to the Federal Reserve Bank of Cleveland, the median Consumer Price...
Retail Sales increased 0.4% in December
On a monthly basis, retail sales increased 0.8 percent from November to December (seasonally adjusted), and sales were up 5.4 percent from December 2016.From the Census Bureau...
Friday: Retail Sales, CPI
Friday:• At 8:30 AM ET: Retail sales for December will be released. The consensus is for a 0.5% increase in retail sales.• Also at 8:30...
Oil Prices Higher, Up 19% Year-over-year
From Bloomberg: Crude Oil Prices Are Up 49%, and It’s Not All Thanks to OPECThe bottom line: A 49 percent surge in benchmark North American...
Sacramento Housing in December: Sales down 8% YoY, Active Inventory up 8% YoY
Note: I'm going to retire the graph below. The purpose was to see when the market shifted from distressed sales to more conventional sales. For...
Weekly Initial Unemployment Claims increase to 261,000
The DOL reported:In the week ending January 6, the advance figure for seasonally adjusted initial claims was 261,000, an increase of 11,000 from the previous...
Thursday: Unemployment Claims, PPI
Thursday:• At 8:30 AM ET, The initial weekly unemployment claims report will be released. The consensus is for 245 thousand initial claims, down from 250...