Saturday, August 19, 2017

Schedule for Week of Aug 20, 2017

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The key economic reports this week are New and Existing Home sales for July. Fed Chair Janet Yellen will speak at the Jackson Hole Economi...
Friday, August 18, 2017

Oil Rigs "Rigs counts are now off the peak"

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A few comments from Steven Kopits of Princeton Energy Advisors LLC on Aug 18, 2017: • Rigs counts are now off the peak • Total US oil ri...

Sacramento Housing in July: Sales up Slightly YoY, Active Inventory down 18% YoY

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During the recession, I started following the Sacramento market to look for changes in the mix of houses sold (equity, REOs, and short sales...

Lawler: Early Read on Existing Home Sales in July

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From housing economist Tom Lawler: Based on publicly-available local realtor/MLS reports from across the country released through today, I...

BLS: Unemployment Rates Unchanged in 46 states in July, Two States at New Series Lows

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From the BLS: Regional and State Employment and Unemployment Summary Unemployment rates were higher in July in 3 states, lower in 1 state,...
Thursday, August 17, 2017

Mortgage Rates Fall below 4%, Lowest since November 2016

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From Matthew Graham at Mortgage News Daily: Trump Administration Drama Pushing Rates Even Lower Mortgage rates  fell yesterday in response...

Hotels: Occupancy Rate up Year-over-Year

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From HotelNewsNow.com: STR: US hotel results for week ending 12 August The U.S. hotel industry reported mostly positive year-over-year res...

Earlier: Philly Fed Manufacturing Survey "region continued to advance" in August

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Earlier from the Philly Fed: August 2017 Manufacturing Business Outlook Survey Manufacturing conditions in the region continued to advanc...

Industrial Production Increased 0.2% in July

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From the Fed: Industrial production and Capacity Utilization Industrial production rose 0.2 percent in July following an increase of 0.4...

Weekly Initial Unemployment Claims decrease to 232,000

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The DOL reported : In the week ending August 12, the advance figure for seasonally adjusted initial claims was 232,000, a decrease of 12,0...