Free Trial

US: Recap of Economic Indicators

                            Feb-18   Jan-18    Dec-17   Nov-17   Oct-17   Sep-17
--------------------------------------------------------------------------------
UI Claims/4wk avg
wk 1                       221/225  261/251   236/242  239/231  244/258  298/250
wk 2                                216/244   225/235  252/239  223/249  281/263
wk 3                                231/240   245/236  240/240  234/240  260/269
wk 4                                230/235   247/238  238/242  229/233  269/277
wk 5                                          250/242                    258/267
Nonfarm Payrolls                      +200k     +160k    +216k    +271k     +14k
Private Payrolls                      +196k     +166k    +217k    +277k     +16k
Mfg Payroll                            +15k      +21k     +30k     +20k      +6k
Unemployment                           4.1%      4.1%     4.1%     4.1%     4.2%
Avg Wkly Hours                         34.3      34.5     34.5     34.4     34.3
Avg Hours - Mfg                        40.6      40.8     40.9     40.9     40.8
Aggr Hours Index                      -0.5%     +0.2%    +0.5%    +0.5%    -0.3%
Aggr Hrs Index - Mfg                  -0.3%     -0.1%    +0.2%    +0.4%    +0.1%
Avg Hourly Earnings                   +0.3%     +0.4%    +0.3%    -0.2%    +0.4%
Final Demand PPI                                -0.1%    +0.4%    +0.4%    +0.3%
excl food & energy                              -0.1%    +0.3%    +0.4%    +0.2%
excl food, energy, trade                        +0.1%    +0.4%    +0.2%    +0.2%
CPI                                             +0.1%    +0.4%    +0.1%    +0.5%
excl food & energy                              +0.3%    +0.1%    +0.2%    +0.1%
Import Prices                                   +0.1%    +0.8%    +0.2%    +0.8%
non-petro import prices                         -0.2%    +0.2%     Flat    +0.4%
ISM Mfg Prices Pd Index                72.7      69.0     65.5     68.5     71.5
PCE Price Index M/M                             +0.1%    +0.2%    +0.1%    +0.4%
PCE Price Index Y/Y                             +1.7%    +1.8%    +1.6%    +1.7%
Core PCE Price Index M/M                        +0.2%    +0.1%    +0.2%    +0.2%
Core PCE Price Index Y/Y                        +1.5%    +1.5%    +1.4%    +1.4%
Treasury Budget (bn)                           -$23.2  -$138.5   -$63.2    +$7.9
Consumer Credit (bn)                           +$18.5   +$31.0   +$23.0    +$9.2
CB Consumer Confidence                125.4     123.1    128.6    126.2    120.6
Consumer Sentiment                     95.7      95.9     98.5    100.7     95.1
Car Sales, saar (mn)                    3.8       4.1      4.3      4.4      4.6
Truck Sales, saar (mn)                  9.0       9.5      9.0      9.4      9.6
Total, saar (mn)                       12.8      13.6     13.3     13.8     14.2
Retail Sales                                    +0.4%    +0.9%    +0.7%    +2.0%
excl motor vehicles                             +0.4%    +1.3%    +0.5%    +1.3%
Personal Income                                 +0.4%    +0.3%    +0.4%    +0.5%
Personal Spending                               +0.4%    +0.8%    +0.3%    +1.0%
ISM Mfg Index                          59.1      59.3     58.2     58.5     60.2
ISM Nonmfg NMI                         59.9      56.0     57.3     59.8     59.4
MNI Chicago Report                     65.7      67.8     65.6     65.4     64.3
Phila Fed Mfg Index                    22.2      27.9     24.3     28.8     25.8
Phila Fed Nonmfg Index                 19.5      29.4     25.6     33.4     33.7
Empire State Index                     17.7      19.6     20.9     28.1     23.8
KC Fed Mfg Index                         16        13       15       22       18
Richmond Fed Mfg Index                   14        20       30       12       19
Dallas Fed Mfg Index                   33.4      29.7     19.4     27.6     21.3
Markit Mfg Index                       55.5      55.1     53.9     54.6     53.1
Markit Services Index                  53.3      53.7     54.5     55.3     55.3
Ind Production                                  +0.9%    -0.1%    +1.8%    +0.2%
Capacity Util                                   77.9%    77.2%    77.4%    76.1%
Factory Orders                                  +1.7%    +1.7%    +0.4%    +1.7%
Factory Orders ex
transport                                       +0.7%    +1.1%    +1.2%    +1.1%
Durables                                        +2.8%    +1.7%    -0.4%    +2.4%
Durables ex transport                           +0.7%    +0.4%    +1.4%    +1.3%
Nondurables                                     +0.7%    +1.6%    +1.1%    +1.0%
Mfg Shipments                                   +0.6%    +1.4%    +0.8%    +1.1%
Business Inventories                                     +0.4%     Flat     Flat
Factory                                         +0.5%    +0.5%    +0.3%    +0.6%
Retail                                       +0.2%(a)    +0.1%     Flat    -0.9%
Wholesale                                       +0.4%    +0.6%    -0.4%    +0.1%
Housing Starts (mn)                             1.192    1.299    1.261    1.159
Building Permits (mn)                           1.300    1.303    1.316    1.225
NAHB Index                               72        74       69       68       64
New Home Sales (k)                                625      689      599      639
Existing Homes (mn)                              5.57     5.78     5.50     5.37
Pending Home Sales Index                        110.1    109.6    109.3    105.6
Construct Spending                              +0.7%    +0.6%    +0.1%    +1.3%
Private Residential                             +0.5%    +1.1%    -1.0%    +1.4%
Trade Balance (bn)                             -$53.1   -$50.4   -$48.9   -$44.8
Exports (bn)                                   $203.4   $199.8   $195.3   $195.9
Imports (bn)                                   $256.5   $250.2   $244.1   $240.3
Goods Only, BOP (bn)                           -$73.3   -$70.8   -$69.2   -$65.2
Leading Index                                   +0.6%    +0.5%    +1.3%     Flat
                                                Q4-17                      Q3-17
GDP (chain-wt)                                  +2.6%                      +3.2%
Final Sales                                     +3.2%                      +2.4%
Chain prices                                    +2.4%                      +2.1%
Current-dollar                                  +5.0%                      +5.3%
                                                Q4-17                      Q3-17
Nonfarm Productivity                            -0.1%                      +2.7%
Nonfarm Unit Labor Costs                        +2.0%                      -0.1%
                                                Q4-17                      Q3-17
ECI (q/q)                                       +0.6%                      +0.7%
(a) advance report
--MNI Washington Bureau; +1 212-800-8517; email: sara.haire@marketnews.com
[TOPICS: MTABLE,MAUDT$,M$U$$$]

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.