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US Data: Recap of Economic Indicators

                             Aug-19   Jul-19   Jun-19   May-19   Apr-19   Mar-19
--------------------------------------------------------------------------------
UI Claims/4wk avg
wk 1                        211/213  208/219  219/215  228/220  197/207  224/220
wk 2                        221/214  216/219  222/218  212/225  193/201  216/220
wk 3                        211/215  207/213  217/219  212/221  230/206  212/217
wk 4                        215/215  217/212  229/222  218/217  230/212  204/214
wk 5                                 211/213  222/223
Nonfarm Payrolls                       +164k    +193k     +62k    +216k    +153k
Private Payrolls                       +148k    +179k     +81k    +195k    +153k
Mfg Payroll                             +16k     +12k      +2k      +3k      -3k
Unemployment                            3.7%     3.7%     3.6%     3.6%     3.8%
Avg Wkly Hours                          34.4     34.4     34.4     34.4     34.5
Avg Hours - Mfg                         40.4     40.7     40.6     40.6     40.7
Aggr Hours Index                       -0.2%    +0.2%    +0.1%    -0.2%    +0.5%
Aggr Hrs Index - Mfg                   -0.6%    +0.3%    +0.1%    -0.2%    -0.1%
Avg Hourly Earnings                    +0.3%    +0.3%    +0.3%    +0.1%    +0.2%
Final Demand PPI                       +0.2%    +0.1%    +0.1%    +0.2%    +0.6%
excl food & energy                     -0.1%    +0.3%    +0.2%    +0.1%    +0.3%
excl food, energy, trade               -0.1%     Flat    +0.4%    +0.4%     Flat
CPI                                    +0.3%    +0.1%    +0.1%    +0.3%    +0.4%
excl food & energy                     +0.3%    +0.3%    +0.1%    +0.1%    +0.1%
Import Prices                          +0.2%    -0.9%     Flat    +0.2%    +0.6%
non-petro import prices                 Flat    -0.4%    -0.3%    -0.5%     Flat
ISM Mfg Prices Pd Index                 45.1     47.9     53.2     50.0     54.3
PCE Price Index M/M                    +0.2%    +0.1%    +0.1%    +0.3%    +0.2%
PCE Price Index Y/Y                    +1.4%    +1.4%    +1.4%    +1.5%    +1.4%
Core PCE Price Index M/M               +0.2%    +0.2%    +0.2%    +0.2%    +0.1%
Core PCE Price Index Y/Y               +1.6%    +1.6%    +1.5%    +1.5%    +1.5%
Treasury Budget (bn)                          -$119.7    -$8.5  -$207.8  +$160.3
Consumer Credit (bn)                                    +$17.1   +$17.5   +$11.0
CB Consumer Confidence        135.1    135.8    124.3    131.3    129.2    124.2
Consumer Sentiment                      98.4     98.2    100.0     97.2     98.5
Retail Sales                           +0.7%    +0.3%    +0.5%    +0.4%    +1.8%
excl motor vehicles                    +1.0%    +0.3%    +0.5%    +0.6%    +1.4%
Personal Income                        +0.1%    +0.4%    +0.4%    +0.4%    +0.4%
Personal Spending                      +0.6%    +0.3%    +0.5%    +0.6%    +1.0%
ISM Mfg Index                           51.2     51.7     52.1     52.8     55.3
ISM Nonmfg NMI                          53.7     55.1     56.9     55.5     56.1
MNI Chicago Report                      44.4     49.7     54.2     52.6     58.7
Phila Fed Mfg Index            16.8     21.8      0.3     16.6      8.5     13.7
Phila Fed Nonmfg Index          7.5     21.4      8.2     17.3     21.0     21.7
Empire State Index              4.8      4.3     -8.6     17.8     10.1      3.7
KC Fed Mfg Index                 -6       -1        0        4        5       10
Richmond Fed Mfg Index            1      -12        2        7        9       10
Dallas Fed Mfg Index           17.9     -6.3    -12.1     -5.3      2.0      6.9
Markit Mfg Index               49.9     50.4     50.6     50.5     52.4     52.4
Markit Services Index          53.0     53.0     51.5     50.9     53.0     55.3
Ind Production                         -0.2%    +0.2%    +0.2%    -0.6%    +0.1%
Capacity Util                          77.5%    77.8%    77.8%    77.7%    78.4%
Factory Orders                                  +0.6%    -1.3%    -1.2%    +1.3%
Factory Orders ex
transport                                       +0.1%    +0.0%    +0.2%    +0.1%
Durables                               +2.1%    +1.8%    -2.3%    -2.8%    +1.7%
Durables ex transport                  -0.4%    +0.8%    +0.4%    -0.2%    -0.5%
Nondurables                                     -0.5%    -0.3%    +0.4%    +0.9%
Mfg Shipments                                   +0.4%    +0.1%    -0.6%    +0.2%
Business Inventories                             Flat    +0.3%    +0.5%     Flat
Factory                                         +0.2%    +0.2%    +0.2%    +0.4%
Retail                                          -0.3%    +0.3%    +0.6%    -0.3%
Wholesale                                        Flat    +0.4%    +0.8%     Flat
Housing Starts (mn)                    1.191    1.241    1.264    1.270    1.199
Building Permits (mn)                  1.336    1.232    1.299    1.290    1.288
NAHB Index                                65       64       66       63       62
New Home Sales (k)                       635      646      604      658      705
Existing Homes (mn)                     5.42     5.29     5.36     5.21     5.21
Pending Home Sales Index               105.6    108.3    105.4    104.3    105.9
Construct Spending                               -1.3    -0.5%    +0.9%    +0.1%
Private Residential                              -0.5     Flat    +0.9%    -0.8%
Trade Balance (bn)                             -$55.2   -$55.3   -$51.2   -$51.9
Exports (bn)                                   $206.3   $210.7   $206.4   $211.4
Imports (bn)                                   $261.5   $266.0   $257.6   $263.3
Goods Only, BOP (bn)                           -$75.1   -$75.9   -$71.7   -$72.7
Leading Index                          +0.5%    -0.1%    -0.1%    +0.1%    +0.3%
                                                Q2-19                      Q1-19
GDP (chain-wt)                                  +2.0%                      +3.1%
Final Sales                                     +3.0%                      +2.6%
Chain prices                                    +2.4%                      +1.1%
Current-dollar                                  +4.6%                      +3.9%
                                                Q2-19                      Q1-19
Nonfarm Productivity                            +2.3%                      +3.5%
Nonfarm Unit Labor Costs                        +2.4%                      +5.5%
                                                Q2-19                      Q1-19
ECI (q/q)                                       +0.6%                      +0.7%
--MNI Washington Bureau; +1 202 371 2121; email: brooke.migdon@marketnews.com
[TOPICS: MTABLE,MAUDT$,M$U$$$]

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