Friday, July 15, 2016

Fed: Industrial Production increased 0.6% in June

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From the Fed: Industrial production and Capacity Utilization Industrial production increased 0.6 percent in June after declining 0.3 per...

Retail Sales increased 0.6% in June

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On a monthly basis, retail sales were up 0.6% from May to June (seasonally adjusted), and sales were up 2.7% from June 2015. From the Cens...
Thursday, July 14, 2016

Friday: Retail Sales, CPI, Industrial Production and More

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Friday: • At 8:30 AM ET, The Consumer Price Index for June from the BLS. The consensus is for a 0.3% increase in CPI, and a 0.2% increase...

Looking back 7 Years Ago: The Sluggish Recovery Began

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Note: This is the 12th year I've been writing this blog.  Sometimes it is fun to look back, especially at turning points.  Starting in J...

Sacramento Housing in June: Sales up 1.8%, Active Inventory down 12% 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...

Weekly Initial Unemployment Claims unchanged at 254,000

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The DOL reported : In the week ending July 9, the advance figure for seasonally adjusted initial claims was 254,000, unchanged from the pr...
Wednesday, July 13, 2016

Update: "Scariest jobs chart ever"

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Thursday: • At 8:30 AM ET, The initial weekly unemployment claims report will be released.  The consensus is for 265 thousand initial clai...

Fed's Beige Book: "Economic activity continued to expand at a modest pace" in most Districts

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Fed's Beige Book "Prepared at the Federal Reserve Bank of St. Louis and based on information collected on or before July 1, 2016....

Q2 GDP Forecasts

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From the Altanta Fed: GDPNow The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2016...

Update: Framing Lumber Prices Up Slightly Year-over-year

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Here is another update on framing lumber prices. Early in 2013 lumber prices came close to the housing bubble highs. The price increases ...