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US: Recap of Economic Indicators

                            Oct-17   Sep-17    Aug-17   Jul-17   Jun-17   May-17
--------------------------------------------------------------------------------
UI Claims/4wk avg
wk 1                       243/257  298/250   244/241  250/244  245/242  238/243
wk 2                                281/263   232/241  248/246  238/243  236/244
wk 3                                260/269   235/238  234/244  242/245  233/241
wk 4                                269/277   236/237  245/244  244/242  235/236
wk 5                                258/267            241/242           255/240
Nonfarm Payrolls                       -33k     +169k    +138k    +210k    +145k
Private Payrolls                       -40k     +164k    +133k    +207k    +153k
Mfg Payroll                             -1k      +41k     -11k     +21k     Flat
Unemployment                           4.2%      4.4%     4.3%     4.4%     4.3%
Avg Wkly Hours                         34.4      34.4     34.4     34.5     34.4
Avg Hours - Mfg                        40.7      40.7     40.9     40.8     40.7
Aggr Hours Index                      -0.1%     +0.2%    -0.2%    +0.5%    -0.2%
Aggr Hrs Index - Mfg                   Flat     -0.2%    +0.2%    +0.3%     Flat
Avg Hourly Earnings                   +0.5%     +0.2%    +0.5%    +0.2%    +0.2%
Final Demand PPI                      +0.4%     +0.2%    -0.1%    +0.1%     Flat
excl food & energy                    +0.4%     +0.1%    -0.1%    +0.1%    +0.3%
excl food, energy, trade              +0.2%     +0.2%     Flat    +0.2%    -0.1%
CPI                                             +0.4%    +0.1%     Flat    -0.1%
excl food & energy                              +0.2%    +0.1%    +0.1%    +0.1%
Import Prices                                   +0.6%    -0.1%    -0.2%    -0.1%
non-petro import prices                         +0.3%    -0.1%    +0.1%     Flat
ISM Mfg Prices Pd Index                          62.0     62.0     55.0     60.5
Core PCE Price Index                            +0.1%    +0.1%    +0.1%    +0.1%
Treasury Budget (bn)                          -$107.7   -$42.9   -$90.2   -$88.4
Consumer Credit (bn)                           +$13.1   +$17.7   +$11.5   +$18.1
CB Consumer Confidence                119.8     120.4    120.0    117.3    117.6
Consumer Sentiment                     95.1      96.8     93.4     95.1     97.1
Car Sales, saar (mn)                    4.6       4.0      4.2      4.0      4.2
Truck Sales, saar (mn)                  9.6       8.3      8.7      8.8      8.5
Total, saar (mn)                       14.2      12.3     12.9     12.8     12.7
Retail Sales                                    -0.2%    +0.3%    -0.1%     Flat
excl motor vehicles                             +0.2%    +0.4%    -0.2%    -0.2%
Personal Income                                 +0.2%    +0.3%     Flat    +0.3%
Personal Spending                               +0.1%    +0.3%    +0.1%    +0.2%
ISM Mfg Index                          60.8      58.8     56.3     57.8     54.9
ISM Nonmfg NMI                         59.8      55.3     53.9     57.4     56.9
MNI Chicago Report                     65.2      58.9     58.9     65.7     59.4
Phila Fed Mfg Index                    23.8      18.9     19.5     27.6     38.8
Phila Fed Nonmfg Index                 33.2      31.8     23.4     33.6     25.6
Empire State Index                     24.4      25.2      9.8     19.8     -1.0
Markit Mfg Index                       53.1      52.8     53.3     52.0     52.7
Markit Services Index                  55.3      56.0     54.6     54.2     53.6
Ind Production                                  -0.9%    +0.4%    +0.2%    +0.1%
Capacity Util                                   76.1%    76.9%    76.7%    76.6%
Factory Orders                                  +1.2%    -3.3%    +3.2%    -0.3%
Factory Orders ex
transport                                       +0.4%    +0.5%    +0.1%    -0.1%
Durables                                        +2.0%    -6.8%    +6.4%     Flat
Durables ex transport                           +0.5%     +0.8     Flat    +0.8%
Nondurables                                     +0.4%    +0.3%    +0.2%    -0.6%
Mfg Shipments                                   +0.5%    +0.3%    +0.1%    +0.3%
Business Inventories                                     +0.2%    +0.5%    +0.3%
Factory                                         +0.4%    +0.2%     +0.3    -0.2%
Retail                                       +0.7%(a)    -0.1%    +0.6%    +0.6%
Wholesale                                       +0.9%     +0.6    +0.6%    +0.6%
Housing Starts (mn)                             1.180    1.190    1.217    1.129
Building Permits (mn)                           1.272    1.230    1.275    1.168
NAHB Index                               64        67       64       66       69
New Home Sales (k)                                560      580      614      606
Existing Homes (mn)                              5.35     5.44     5.51     5.62
Pending Home Sales Index                        106.3    109.1    110.0    108.6
Construct Spending                              +0.5%    -1.2%    -0.8%    +1.6%
Private Residential                             +0.4%    +0.2%    +1.2%    +0.7%
Trade Balance (bn)                             -$42.4   -$43.6   -$43.5   -$46.4
Exports (bn)                                   $195.3   $194.5   $194.9   $192.3
Imports (bn)                                   $237.7   $238.1   $238.5   $238.7
Goods Only, BOP (bn)                           -$64.4   -$65.3   -$65.4   -$66.3
Leading Index                                    +0.4    +0.3%    +0.6%    +0.3%
                                                         Q2-17             Q1-17
GDP (chain-wt)                                           +3.1%             +1.2%
Final Sales                                              +2.9%             +2.7%
Chain prices                                             +1.0%             +2.0%
Current-dollar                                           +4.1%             +3.3%
                                                         Q2-17             Q1-17
Nonfarm Productivity                                     +1.5%             +0.1%
Nonfarm Unit Labor Costs                                 +0.2%             +4.8%
                                                         Q2-17             Q1-17
ECI (q/q)                                                +0.5%             +0.8%
--MNI Washington Bureau; +1 212-800-8517; email: sara.haire@marketnews.com
[TOPICS: MTABLE,MAUDT$,M$U$$$]

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