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US: Recap of Economic Indicators

                          Jun-18   May-18    Apr-18     Mar-18   Feb-18   Jan-18
--------------------------------------------------------------------------------
UI Claims/4wk avg
wk 1                     222/226  211/216   233/230    230/225  223/228  247/245
wk 2                              223/214   233/232    226/223  234/230  226/241
wk 3                              234/220   209/229    227/225  218/227  229/238
wk 4                              223/223   211/222    218/225  217/223  234/234
wk 5                                                   242/228
Nonfarm Payrolls                    +223k     +159k      +155k    +324k    +176k
Private Payrolls                    +218k     +162k      +153k    +321k    +188k
Mfg Payroll                          +18k      +25k       +21k     +32k     +20k
Unemployment                         3.8%      3.9%       4.1%     4.1%     4.1%
Avg Wkly Hours                       34.5      34.5       34.5     34.5     34.4
Avg Hours - Mfg                      40.8      41.0       40.9     41.0     40.7
Aggr Hours Index                    +0.2%     +0.1%      +0.2%    +0.6%    -0.2%
Aggr Hrs Index - Mfg                -0.3%     +0.4%      -0.1%    +1.0%    -0.1%
Avg Hourly Earnings                 +0.3%     +0.1%      +0.2%    +0.1%    +0.3%
Final Demand PPI                              +0.1%      +0.3%    +0.2%    +0.4%
excl food & energy                            +0.2%      +0.3%    +0.2%    +0.4%
excl food, energy,
trade                                         +0.1%      +0.4%    +0.4%    +0.4%
CPI                                           +0.2%      -0.1%    +0.2%    +0.5%
excl food & energy                            +0.1%      +0.2%    +0.2%    +0.3%
Import Prices                                 +0.3%      -0.2%    +0.2%    +0.8%
non-petro import prices                       +0.1%       Flat    +0.4%    +0.6%
ISM Mfg Prices Pd Index              79.5      79.3       78.1     74.2     72.7
PCE Price Index M/M                           +0.2%       Flat    +0.1%    +0.4%
PCE Price Index Y/Y                           +2.0%      +2.0%    +1.7%    +1.7%
Core PCE Price Index
M/M                                           +0.2%      +0.2%    +0.2%    +0.3%
Core PCE Price Index
Y/Y                                           +1.8%      +1.8%    +1.5%    +1.5%
Treasury Budget (bn)                        +$214.2    -$208.7  -$215.2   +$49.2
Consumer Credit (bn)                          +$9.3     +$12.3   +$13.8   +$14.5
CB Consumer Confidence              128.0     125.6      127.0    130.0    124.3
Consumer Sentiment                   98.0      98.8      101.4     99.7     95.7
Car Sales (Ex GM), saar
(mn)                                  3.0       3.1        3.2      3.3      3.2
Truck Sales (Ex GM),
Saar (mn)                             6.9       6.9        7.0      6.7      6.6
Total (Ex GM), saar
(mn)                                  9.9      10.0       10.2     10.0      9.9
Retail Sales                                  +0.2%      +0.7%    +0.1%    -0.1%
excl motor vehicles                           +0.3%      +0.4%    +0.4%    +0.1%
Personal Income                               +0.3%      +0.2%    +0.3%    +0.4%
Personal Spending                             +0.6%      +0.5%     Flat    +0.1%
ISM Mfg Index                        58.7      57.3       59.3     60.8     59.1
ISM Nonmfg NMI                       58.6      56.8       58.8     59.5     59.9
MNI Chicago Report                   62.7      57.6       57.4     61.9     65.7
Phila Fed Mfg Index                  34.4      23.2       22.3     25.8     22.2
Phila Fed Nonmfg Index               45.3      27.6       30.1     31.0     19.5
Empire State Index                   20.1      15.8       22.5     13.1     17.7
KC Fed Mfg Index                       29        26         17       17       16
Richmond Fed Mfg Index                 16        -3         15       28       14
Dallas Fed Mfg Index                 26.8      21.8       22.8     38.4     34.3
Markit Mfg Index                     56.4      56.5       55.6     55.3     55.5
Markit Services Index                56.8      54.6       54.0     55.9     53.3
Ind Production                                +0.7%      +0.7%    +0.4%    -0.4%
Capacity Util                                 78.0%      77.6%    77.1%    76.9%
Factory Orders                                -0.8%      +1.7%    +2.0%    -1.6%
Factory Orders ex
transport                                     +0.4%      +0.5%    +0.3%    +0.3%
Durables                                      -1.6%      +2.7%    +4.5%    -4.2%
Durables ex transport                         +0.9%      +0.5%    +1.3%    -0.9%
Nondurables                                   +0.1%      +0.6%    -0.3%    +1.0%
Mfg Shipments                                  Flat      +0.7%    +0.3%    +0.7%
Business Inventories                                      Flat    +0.6%    +0.6%
Factory                                       +0.3%      +0.2%    +0.3%    +0.3%
Retail                                     +0.6%(a)   -0.7%(a)      +.6       .6
Wholesale                                  Flat (a)  +0.2% (a)    +0.8%    +0.8%
Housing Starts (mn)                           1.287      1.336     1.29    1.334
Building Permits (mn)                         1.364      1.377    1.323    1.366
NAHB Index                             70        68         70       71       72
New Home Sales (k)                              662        672      659      633
Existing Homes (mn)                            5.46       5.60     5.54     5.38
Pending Home Sales
Index                                         106.4      107.6    107.2    104.3
Construct Spending                            +1.8%      -1.7%    +1.2%    +1.7%
Private Residential                           +4.5%      -4.1%    +1.0%    +3.2%
Trade Balance (bn)                           -$46.2     -$47.2   -$55.5   -$56.7
Exports (bn)                                +$211.2    +$210.7  +$206.1   $200.9
Imports (bn)                                +$257.4    +$257.9  +$261.6   $257.6
Goods Only, BOP (bn)                         -$68.3     -$69.3   -$76.7   -$76.7
Leading Index                                 +0.4%      +0.4%    +0.7%    +0.7%
                                              Q1-18      Q4-17    Q3-17    Q2-17
GDP (chain-wt)                                +2.2%      +2.9%    +3.2%    +3.1%
Final Sales                                   +2.0%      +3.4%    +2.4%    +2.9%
Chain prices                                  +1.9%      +2.3%    +2.1%    +1.0%
Current-dollar                                +4.2%      +5.3%    +5.3%    +4.1%
                                              Q1-18      Q4-17    Q3-17    Q2-17
Nonfarm Productivity                          +0.4%      +0.3%    +2.6%    +1.7%
Nonfarm Unit Labor
Costs                                         +2.9%      +2.1%    +1.0%    -1.2%
                                              Q1-18      Q4-17    Q3-17    Q2-17
ECI (q/q)                                     +0.8%      +0.6%    +0.7%    +0.5%
(a) advance report
--MNI Washington Bureau; +1 212-800-8517; email: sara.haire@marketnews.com
[TOPICS: MTABLE,MAUDT$,M$U$$$]

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