US: Recap of Economic Indicators

                          May-18    Apr-18     Mar-18   Feb-18   Jan-18   Dec-17

--------------------------------------------------------------------------------

UI Claims/4wk avg

wk 1                     211/216   233/230    230/225  223/228  247/245  235/241

wk 2                     223/214   233/232    226/223  234/230  226/241  229/236

wk 3                     234/220   209/229    227/225  218/227  229/238  242/236

wk 4                     221/222   211/222    218/225  217/223  234/234  242/237

wk 5                                          242/228                    248/240

Nonfarm Payrolls                     +164k      +135k    +324k    +176k    +175k

Private Payrolls                     +168k      +135k    +321k    +188k    +174k

Mfg Payroll                           +24k       +22k     +32k     +20k     +39k

Unemployment                          3.9%       4.1%     4.1%     4.1%     4.1%

Avg Wkly Hours                        34.5       34.5     34.5     34.4     34.5

Avg Hours - Mfg                       41.1       40.9     41.0     40.7     40.8

Aggr Hours Index                     +0.1%      +0.2%    +0.6%    -0.2%    +0.2%

Aggr Hrs Index - Mfg                 +0.8%      -0.1%    +1.0%    -0.1%    +0.1%

Avg Hourly Earnings                  +0.1%      +0.2%    +0.1%    +0.3%    +0.4%

Final Demand PPI                     +0.1%      +0.3%    +0.2%    +0.4%     Flat

excl food & energy                   +0.2%      +0.3%    +0.2%    +0.4%    -0.1%

excl food, energy,

trade                                +0.1%      +0.4%    +0.4%    +0.4%    +0.1%

CPI                                  +0.2%      -0.1%    +0.2%    +0.5%    +0.2%

excl food & energy                   +0.1%      +0.2%    +0.2%    +0.3%    +0.2%

Import Prices                        +0.3%      -0.2%    +0.2%    +0.8%    +0.2%

non-petro import prices              +0.1%       Flat    +0.4%    +0.6%    -0.1%

ISM Mfg Prices Pd Index               79.3       78.1     74.2     72.7     69.0

PCE Price Index M/M                  +0.2%       Flat    +0.1%    +0.4%    +0.1%

PCE Price Index Y/Y                  +2.0%      +2.0%    +1.7%    +1.7%    +1.7%

Core PCE Price Index

M/M                                  +0.2%      +0.2%    +0.2%    +0.3%    +0.2%

Core PCE Price Index

Y/Y                                  +1.8%      +1.8%    +1.5%    +1.5%    +1.5%

Treasury Budget (bn)               +$214.2    -$208.7  -$215.2   +$49.2   -$23.2

Consumer Credit (bn)                           +$11.6   +$13.6   +$15.0   +$14.3

CB Consumer Confidence     128.0     125.6      127.0    130.0    124.3    123.1

Consumer Sentiment          98.0      98.8      101.4     99.7     95.7     95.9

Car Sales (Ex GM), saar

(mn)                                   3.1        3.2      3.3      3.2      3.3

Truck Sales (Ex GM),

Saar (mn)                              6.9        7.0      6.7      6.6      6.8

Total (Ex GM), saar

(mn)                                  10.0       10.2     10.0      9.9     10.1

Retail Sales                         +0.2%      +0.7%    +0.1%    -0.1%     Flat

excl motor vehicles                  +0.3%      +0.4%    +0.4%    +0.1%     Flat

Personal Income                      +0.3%      +0.2%    +0.3%    +0.4%    +0.4%

Personal Spending                    +0.6%      +0.5%     Flat    +0.1%    +0.5%

ISM Mfg Index                         57.3       59.3     60.8     59.1     59.3

ISM Nonmfg NMI                        56.8       58.8     59.5     59.9     56.0

MNI Chicago Report          62.7      57.6       57.4     61.9     65.7     67.8

Phila Fed Mfg Index         34.4      23.2       22.3     25.8     22.2     27.9

Phila Fed Nonmfg Index      45.3      27.6       30.1     31.0     19.5     29.4

Empire State Index          20.1      15.8       22.5     13.1     17.7     19.6

KC Fed Mfg Index              29        26         17       17       16       13

Richmond Fed Mfg Index        16        -3         15       28       14       20

Dallas Fed Mfg Index        26.8      21.8       22.8     38.4     34.3     30.5

Markit Mfg Index            56.6      56.5       55.6     55.3     55.5     55.1

Markit Services Index       55.7      54.6       54.0     55.9     53.3     53.7

Ind Production                       +0.7%      +0.7%    +0.4%    -0.4%    +0.4%

Capacity Util                        78.0%      77.6%    77.1%    76.9%    77.3%

Factory Orders                                  +1.6%    +2.0%    -1.6%    +1.8%

Factory Orders ex

transport                                       +0.3%    +0.3%    +0.3%    +0.9%

Durables                             -1.7%      +2.7%    +4.5%    -4.2%    +3.2%

Durables ex transport                +0.9%      +0.4%    +1.3%    -0.9%    +1.6%

Nondurables                                     +0.6%    -0.3%    +1.0%    +0.4%

Mfg Shipments                                   +0.6%    +0.2%    +0.7%    +0.4%

Business Inventories                             Flat    +0.6%    +0.6%    +0.5%

Factory                                          +0.1    +0.3%    +0.3%    +0.8%

Retail                            +0.6%(a)   -0.7%(a)      +.6       .6    +0.3%

Wholesale                         Flat (a)  +0.2% (a)    +0.8%    +0.8%    +0.5%

Housing Starts (mn)                  1.287      1.336     1.29    1.334    1.210

Building Permits (mn)                1.364      1.377    1.323    1.366    1.320

NAHB Index                    70        68         70       71       72       74

New Home Sales (k)                     662        672      659      633      636

Existing Homes (mn)                   5.46       5.60     5.54     5.38     5.56

Pending Home Sales

Index                                106.4      107.6    107.2    104.3    109.8

Construct Spending                              -1.7%    +1.0%    +1.7%    +1.6%

Private Residential                             -3.5%    +1.2%    +3.2%    +1.6%

Trade Balance (bn)                             -$49.0   -$57.7   -$56.7   -$53.9

Exports (bn)                                  +$208.5  +$204.4   $200.9   $203.6

Imports (bn)                                  +$257.5  +$262.1   $257.6   $257.5

Goods Only, BOP (bn)                           -$69.5   -$77.0   -$76.7   -$73.7

Leading Index                        +0.4%      +0.4%    +0.7%    +0.7%    +0.7%

                                     Q1-18      Q4-17    Q3-17    Q2-17

GDP (chain-wt)                       +2.2%      +2.9%    +3.2%    +3.1%

Final Sales                          +2.0%      +3.4%    +2.4%    +2.9%

Chain prices                         +1.9%      +2.3%    +2.1%    +1.0%

Current-dollar                       +4.2%      +5.3%    +5.3%    +4.1%

                                     Q1-18      Q4-17    Q3-17    Q2-17

Nonfarm Productivity                 +0.7%      +0.3%    +2.6%    +1.7%

Nonfarm Unit Labor

Costs                                +2.7%      +2.1%    +1.0%    -1.2%

                                     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$$$]