Free Trial

US: Recap of Economic Indicators

                           Aug-17     Jul-17   Jun-17   May-17   Apr-17   Mar-17
--------------------------------------------------------------------------------
UI Claims/4wk avg
wk 1                      244/241    250/244  245/242  238/243  235/250  252/244
wk 2                      232/241    248/246  238/243  236/244  234/247  246/243
wk 3                      235/238    234/244  242/245  233/241  243/243  261/247
wk 4                      236/237    245/244  244/242  235/236  257/242  259/255
wk 5                                 241/242           255/240
Nonfarm Payrolls            +156k      +189k    +210k    +145k    +207k     +50k
Private Payrolls            +165k      +202k    +207k    +153k    +194k     +77k
Mfg Payroll                  +36k       +26k     +21k     Flat      +9k     +11k
Unemployment                 4.4%       4.3%     4.4%     4.3%     4.4%     4.5%
Avg Wkly Hours               34.4       34.5     34.5     34.4     34.5     34.3
Avg Hours - Mfg              40.7       40.9     40.8     40.7     40.7     40.6
Aggr Hours Index            -0.2%      +0.2%    +0.5%    -0.2%    +0.8%     flat
Aggr Hrs Index - Mfg        -0.2%      +0.5%    +0.3%     Flat    +0.3%    -0.1%
Avg Hourly Earnings         +0.1%      +0.3%    +0.2%    +0.2%    +0.2%    +0.1%
Final Demand PPI                       -0.1%    +0.1%     Flat    +0.6%     Flat
excl food & energy                     -0.1%    +0.1%    +0.3%    +0.5%    +0.2%
excl food, energy,
trade                                   Flat    +0.2%    -0.1%    +0.7%     Flat
CPI                                     +0.1     Flat    -0.1%    +0.2%    -0.3%
excl food & energy                      +0.1    +0.1%    +0.1%    +0.1%    -0.1%
Import Prices                           +0.1    -0.2%    -0.1%    +0.2%    -0.2%
non-petro import prices                 Flat    +0.1%     Flat    +0.3%    +0.1%
ISM Mfg Prices Pd Index      62.0       62.0     55.0     60.5     68.5     70.5
Core PCE Price Index                   +0.1%    +0.1%    +0.1%    +0.2%    -0.2%
Treasury Budget (bn)                   -42.9   -$90.2   -$88.4  +$182.4  -$176.2
Consumer Credit (bn)                           +$12.4   +$18.3   +$12.3   +$15.2
CB Consumer Confidence      122.9      120.0    117.3    117.6    119.4    124.9
Consumer Sentiment       97.6 (a)       93.4     95.1     97.1     97.0     96.9
Car Sales, saar (mn)                     4.2      4.0      4.2      4.3      4.3
Truck Sales, saar (mn)                   8.7      8.8      8.5      8.6      8.6
Total, saar (mn)                        12.9     12.8     12.7     12.9     12.9
Retail Sales                           +0.6%    +0.3%     Flat    +0.3%    +0.1%
excl motor vehicles                    +0.5%    +0.1%    -0.2%    +0.3%    +0.3%
Personal Income                        +0.4%     Flat    +0.3%    +0.1%    +0.3%
Personal Spending                      +0.3%    +0.2%    +0.2%    +0.3%    +0.5%
ISM Mfg Index                58.8       56.3     57.8     54.9     54.8     57.2
ISM Nonmfg NMI                          53.9     57.4     56.9     57.5     55.2
MNI Chicago Report           58.9       58.9     65.7     59.4     58.3     57.7
Phila Fed Mfg Index          18.9       19.5     27.6     38.8     22.0     32.8
Phila Fed Nonmfg Index       31.8       23.4     33.6     25.6     30.1     35.4
Empire State Index           25.2        9.8     19.8     -1.0      5.2     16.4
Markit Mfg Index             52.8       53.3     52.0     52.7     52.8     53.3
Markit Nonmfg Index       56.9(a)       54.6     54.2     53.6     53.1     52.8
Ind Production                         +0.2%    +0.4%     Flat    +0.9%    +0.2%
Capacity Util                          76.7%    76.7%    76.5%    76.5%    75.9%
Factory Orders                                  +3.0%    -0.8%    -0.3%    +1.0%
Factory Orders ex
transport                                      -0.2 %    -0.3%     Flat    +0.2%
Durables                               -6.8%    +6.4%    -0.1%    -0.8%    +2.4%
Durables ex transport                  +0.5%    +0.1%    +0.6%    -0.4%     0.9%
Nondurables                                     -0.3%    -0.8%    +0.2%    -0.3%
Mfg Shipments                                   -0.2%    +0.3%     Flat    -0.2%
Business Inventories                            +0.5%    +0.3%    -0.2%    +0.2%
Factory                                         +0.2%    -0.1%     Flat    +0.2%
Retail                              -0.2%(a)    +0.6%    +0.6%    -0.2%    +0.2%
Wholesale                           +0.4%(a)    +0.6%    +0.6%    -0.5%    +0.2%
Housing Starts (mn)                    1.155    1.213    1.129    1.154    1.189
Building Permits (mn)                  1.230    1.275    1.168    1.228    1.260
NAHB Index                     68         64       66       69       68       71
New Home Sales (k)                       571      630      618      577      638
Existing Homes (mn)                     5.44     5.51     5.62     5.56      5.7
Pending Home Sales
Index                                  109.1    110.0    108.6    109.4    111.3
Construct Spending                     -0.6%    -1.4%    +1.6%    -1.8%    +0.3%
Private Residential                    +0.8%    +0.4%    +0.7%    -0.4%    +0.8%
Trade Balance (bn)                             -$43.6   -$46.4   -$47.6   -$45.3
Exports (bn)                                            $192.0   $191.2   $191.5
Imports (bn)                                            $238.5   $238.8   $236.7
Goods Only, BOP (bn)               -$65.1(a)   -$64.0   -$66.3   -$68.4   -$66.1
Leading Index                          +0.3%    +0.6%    +0.3%    +0.2%    +0.3%
                                                Q2-17             Q1-17
GDP (chain-wt)                                  +3.0%             +1.2%
Final Sales                                     +3.0%             +2.7%
Chain prices                                    +1.0%             +2.0%
Current-dollar                                  +4.0%             +3.3%
                                                Q2-17             Q1-17
Nonfarm Productivity                            +0.9%             +0.1%
Nonfarm Unit Labor
Costs                                           +0.6%             +5.4%
                                                Q2-17             Q1-17
ECI (q/q)                                       +0.5%             +0.8%
--MNI Washington Bureau; +1 212-800-8517; email: sara.haire@marketnews.com
[TOPICS: MTABLE,MAUDT$,M$U$$$]

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.