Finance and Economics
Saturday, July 20, 2019
Schedule for Week of July 21, 2019
The key reports this week are the advance estimate of Q2 GDP, and June New and Existing Home Sales. For manufacturing, the July Richmond a...
Friday, July 19, 2019
Lawler: Early Read on Existing Home Sales in June
From housing economist Tom Lawler: Early Read on Existing Home Sales in June Based on publicly-available local realtor/MLS reports release...
Q2 GDP Forecasts: 1.4% to 2.3%
From Merrill Lynch: Strong retail sales in June boosted our 2Q GDP tracking by 0.6pp to 2.3% qoq saar . [July 19 estimate] emphasis added...
BLS: June Unemployment rates at New Series Lows in Alabama, Arkansas, New Jersey, and Texas
From the BLS: Regional and State Employment and Unemployment Summary Unemployment rates were lower in June in 6 states and stable in 44 st...
Thursday, July 18, 2019
California Bay Area Home Sales Decline 4.7% YoY in Q2, Inventory up 11% YoY
From Compass chief economist Selma Hepp: How did the spur of IPOs impact Bay Area housing markets? • Higher-end sales surged. While the to...
NMHC: Apartment Market Tightness Index Increased in July
The National Multifamily Housing Council (NMHC) released their July report: July NMHC Quarterly Survey Finds Strong Ongoing Demand The end...
Sacramento Housing in June: Sales Down 13.6% YoY, Active Inventory DOWN 11% YoY
From SacRealtor.org: June sales price inches towards August 2005 high June closed with 1,527 total sales, a 6.3% [decrease] from the 1,630...
Philly Fed Mfg "Current Manufacturing Indicators Suggest Continued Growth in July"
From the Philly Fed: July 2019 Manufacturing Business Outlook Survey Manufacturing conditions in the region showed improvement this month...
Weekly Initial Unemployment Claims increased to 216,000
The DOL reported : In the week ending July 13, the advance figure for seasonally adjusted initial claims was 216,000 , an increase of 8,00...
Wednesday, July 17, 2019
Thursday: Unemployment Claims, Philly Fed Mfg Survey
Thursday: • At 8:30 AM ET, The initial weekly unemployment claims report will be released. The consensus is for 214 thousand initial clai...
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