Friday, July 12, 2019

Q2 GDP Forecasts: Around 1.5%

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From Merrill Lynch: We continue to track 1.7% for 2Q GDP growth. [July 12 estimate] emphasis added From the NY Fed Nowcasting Report ...

Hotels: Occupancy Rate Increased Year-over-year

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From HotelNewsNow.com: STR: US hotel results for week ending 6 July The U.S. hotel industry reported positive year-over-year results in th...
Thursday, July 11, 2019

LA area Port Traffic Down Year-over-year in June

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Special note: The expansion to the Panama Canal was completed in 2016 (As I noted a few years ago ), and some of the traffic that used the ...

Cleveland Fed: Key Measures Show Inflation Close to 2% YoY in June, Core PCE below 2%

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The Cleveland Fed released the median CPI and the trimmed-mean CPI this morning: According to the Federal Reserve Bank of Cleveland, the ...

First Look at 2020 Cost-Of-Living Adjustments and Maximum Contribution Base

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The BLS reported this morning: The Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) increased 1.4 percent over th...

BLS: CPI increased 0.1% in June, Core CPI increased 0.3%

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From the BLS : The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.1 percent in June on a seasonally adjusted basis, the...

Weekly Initial Unemployment Claims decreased to 209,000

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The DOL reported : In the week ending July 6, the advance figure for seasonally adjusted initial claims was 209,000 , a decrease of 13,000...
Wednesday, July 10, 2019

Thursday: CPI, Unemployment Claims, Fed Chair Powell Testimony

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This should be interesting: The BLS told me today that the "newest set of Labor Force projections through 2028 is set to be released We...

FOMC Minutes: "the case for somewhat more accommodative policy had strengthened"

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From the Fed: Minutes of the Federal Open Market Committee, June 18-19, 2019 . A few excerpts: In their discussion of monetary policy dec...

Houston Real Estate in June: Sales down 5% YoY, Inventory Up 11%

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From the HAR: Houston Home Sales Fall Shy of Last June's Record, But Continue to Outpace 2018 Despite continued strength in the Housto...