Free Trial

US: Recap of Economic Indicators

                           Apr-18     Mar-18   Feb-18   Jan-18   Dec-17   Nov-17
--------------------------------------------------------------------------------
UI Claims/4wk avg
wk 1                      233/230    230/225  223/228  247/245  235/241  237/234
wk 2                      233/232    226/223  234/230  226/241  229/236  250/239
wk 3                      209/229    227/225  218/227  229/238  242/236  239/240
wk 4                                 218/225  217/223  234/234  242/237  239/241
wk 5                                 242/228                    248/240
Nonfarm Payrolls                       +103K    +326k    +176k    +175k    +216k
Private Payrolls                       +102k    +320k    +188k    +174k    +217k
Mfg Payroll                             +22k     +32k     +20k     +39k     +30k
Unemployment                            4.1%     4.1%     4.1%     4.1%     4.1%
Avg Wkly Hours                          34.5     34.5     34.4     34.5     34.5
Avg Hours - Mfg                         40.9     41.0     40.7     40.8     40.9
Aggr Hours Index                       +0.1%    +0.6%    -0.2%    +0.2%    +0.5%
Aggr Hrs Index - Mfg                   -0.1%    +1.0%    -0.1%    +0.1%    +0.2%
Avg Hourly Earnings                    +0.3%    +0.1%    +0.3%    +0.4%    +0.3%
Final Demand PPI                       +0.3%    +0.2%    +0.4%     Flat    +0.4%
excl food & energy                     +0.3%    +0.2%    +0.4%    -0.1%    +0.2%
excl food, energy, trade               +0.4%    +0.4%    +0.4%    +0.1%    +0.3%
CPI                                     -01%    +0.2%    +0.5%    +0.2%    +0.3%
excl food & energy                     +0.2%    +0.2%    +0.3%    +0.2%    +0.1%
Import Prices                           Flat    +0.3%    +0.8%    +0.2%    +1.0%
non-petro import prices                +0.1%    +0.4%    +0.6%    -0.1%    +0.2%
ISM Mfg Prices Pd Index                 78.1     74.2     72.7     69.0     65.5
PCE Price Index M/M                     Flat    +0.2%    +0.4%    +0.1%    +0.2%
PCE Price Index Y/Y                    +2.0%    +1.7%    +1.7%    +1.7%    +1.7%
Core PCE Price Index M/M               +0.2%    +0.2%    +0.3%    +0.2%    +0.1%
Core PCE Price Index Y/Y               +1.9%    +1.6%    +1.5%    +1.5%    +1.5%
Treasury Budget (bn)                 -$208.7  -$215.2   +$49.2   -$23.2  -$138.5
Consumer Credit (bn)                           +$10.6   +$15.6   +$19.0   +$32.6
CB Consumer Confidence      128.7      127.0    130.0    124.3    123.1    128.6
Consumer Sentiment           98.8      101.4     99.7     95.7     95.9     98.5
Car Sales (Ex GM), saar
(mn)                                     3.2      3.3      3.2      3.3      3.5
Truck Sales (Ex GM),
Saar (mn)                                7.0      6.7      6.6      6.8      6.7
Total (Ex GM), saar (mn)                10.2     10.0      9.9     10.1     10.2
Retail Sales                           +0.6%    -0.1%    -0.2%    -0.1%    +0.8%
excl motor vehicles                    +0.2%    +0.2%    +0.1%     Flat    +1.2%
Personal Income                        +0.3%    +0.3%    +0.4%    +0.4%    +0.3%
Personal Spending                      +0.4%     Flat    +0.2%    +0.5%    +0.7%
ISM Mfg Index                           59.3     60.8     59.1     59.3     58.2
ISM Nonmfg NMI                          58.8     59.5     59.9     56.0     57.3
MNI Chicago Report           57.6       57.4     61.9     65.7     67.8     65.6
Phila Fed Mfg Index          23.2       22.3     25.8     22.2     27.9     24.3
Phila Fed Nonmfg Index       27.6       30.1     31.0     19.5     29.4     25.6
Empire State Index                      22.5     13.1     17.7     19.6     20.9
KC Fed Mfg Index               26         17       17       16       13       15
Richmond Fed Mfg Index         -3         15       28       14       20       30
Dallas Fed Mfg Index         21.8       22.8     38.4     34.3     30.5     20.2
Markit Mfg Index          56.5(a)       55.6     55.3     55.5     55.1     53.9
Markit Services Index     54.4(a)       54.0     55.9     53.3     53.7     54.5
Ind Production                         +0.5%    +1.0%    -0.2%    +0.5%    +0.5%
Capacity Util                          78.0%    77.7%    77.1%    77.3%    77.0%
Factory Orders                                  +1.2%    -1.3%    +1.8%    +1.7%
Factory Orders ex
transport                                       +0.1%    +0.4%    +0.9%    +1.1%
Durables                               +2.6%    +3.5%    -3.6%    +2.7%    +1.7%
Durables ex transport                   Flat    +0.9%    -0.3%    +0.8%    +0.4%
Nondurables                                     -0.5%    +1.0%    +0.9%    +1.6%
Mfg Shipments                                   +0.2%    +0.7%    +0.7%    +1.4%
Business Inventories                            +0.6%    +0.6%    +0.6%    +0.4%
Factory                                         +0.3%    +0.4%    +0.7%    +0.5%
Retail                                          +0.4%    +0.7%    +0.3%    +0.2%
Wholesale                                       +1.0%    +0.9%    +0.7%    +0.6%
Housing Starts (mn)                    1.319    1.295    1.339    1.207    1.299
Building Permits (mn)                  1.379    1.321    1.377    1.300    1.303
NAHB Index                     69         70       71       72       74       69
New Home Sales (k)                       694      667      644      644      711
Existing Homes (mn)                     5.60     5.54     5.38     5.56     5.72
Pending Home Sales Index               107.6    107.2    104.3    109.8    109.8
Construct Spending                              +0.1%     Flat    +1.6%    +1.2%
Private Residential                             +0.1%    +0.1%    +1.6%    +1.2%
Trade Balance (bn)                             -$57.6   -$56.7   -$53.9   -$50.9
Exports (bn)                                  +$204.4   $200.9   $203.6   $200.2
Imports (bn)                                  +$262.0   $257.6   $257.5   $251.1
Goods Only, BOP (bn)               -$68.0(a)   -$75.9   -$75.5   -$73.7   -$71.1
Leading Index                          +0.3%    +0.7%    +0.8%    +0.7%    +0.4%
                            Q1-18      Q4-17    Q3-17    Q2-17
GDP (chain-wt)              +2.3%      +2.9%    +3.2%    +3.1%
Final Sales                 +1.9%      +3.4%    +2.4%    +2.9%
Chain prices                +2.0%      +2.3%    +2.1%    +1.0%
Current-dollar              +4.3%      +5.3%    +5.3%    +4.1%
                                       Q4-17    Q3-17    Q2-17
Nonfarm Productivity                    Flat    +2.7%    +1.5%
Nonfarm Unit Labor Costs               +2.5%    -0.1%    +0.3%
                            Q1-18      Q4-17    Q3-17    Q2-17
ECI (q/q)                   +0.8%      +0.6%    +0.7%    +0.5%
(a) advance report
--MNI Washington Bureau; +1 212-800-8517; email: sara.haire@marketnews.com
[TOPICS: MTABLE,MAUDT$,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.