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Thursday June 29 2017
US Jobless Claims Above Expectations
The number of Americans filing for unemployment benefits increased by 2 thousand to 244 thousand in the week ended June 24th from the previous week's revised level of 242 thousand and above market expectations of 240 thousand.
Monday June 26 2017
US Durable Goods Orders Fall For 2nd Month
New orders for US manufactured durable goods fell 1.1 percent month-over-month in May of 2017, following an upwardly revised 0.9 percent drop in April. Figures came worse than market expectations of a 0.9 percent decline, mainly driven by a 3.4 percent slump in transport equipment. Non-defense capital goods orders excluding aircraft, seen as a proxy for business spending plans decreased 0.2 percent.
Friday June 23 2017
US New Home Sales Beat Forecasts
Sales of new single-family houses in the United States increased 2.9 percent to a seasonally adjusted annual rate of 610 thousand in May of 2017 from an upwardly revised 593 thousand in April. The figure came above market expectations of 597 thousand, as sales rose in the South and the West.
Friday June 23 2017
US Factory Growth At 9-Month Low: PMI
The IHS Markit US Manufacturing PMI fell to 52.1 in June of 2017 from 52.7 in May and well below market expectations of 53, flash estimates showed. It is the lowest reading since September of 2016 as output and new business growth slowed, offsetting stronger contributions from job creation and inventory building.
Thursday June 22 2017
US Jobless Claims Rise More Than Expected
The number of Americans filing for unemployment benefits increased by 3 thousand to 241 thousand in the week ended June 17th from the previous week's revised level of 238 thousand and above market expectations of 240 thousand.
Friday June 16 2017
US Consumer Sentiment Falls To 7-Month Low
The University of Michigan's consumer sentiment for the United States went down to 94.5 in June of 2017 from 97.1 in May and well below market expectations of 97. It is the lowest reading in seven months as both present and future expectations declined, preliminary estimates showed. The recent erosion of confidence was due to more negative perceptions of the proposed economic policies among Democrats and the reduced likelihood of passage of these policies among Republicans.
Friday June 16 2017
US Housing Starts At 8-Month Low
Housing starts in the United States slumped 5.5 percent from the previous month to a seasonally adjusted annualized rate of 1092 thousand in May of 2017, following a downwardly revised 1156 thousand in the previous month and compared to market expectations of a 4.1 percent rise. It is the weakest construction activity in eight months as starts plunged in the Midwest and the South.
Thursday June 15 2017
US Industrial Output Unchanged In May
Industrial production in the United States was flat month-over-month in May of 2017, following an upwardly revised 1.1 percent rise in April and compared to market expectations of a 0.2 percent gain. Manufacturing went down 0.4 percent, offsetting a 1.6 percent rise in mining and a 0.4 percent gain in utilities.
You really need to pay attention Robbie.
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