Friday, June 02, 2023

Heavy Truck Sales Up Sharply Year-over-year in May

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The BEA released their estimate of vehicle sales for May this morning. This graph shows heavy truck sales since 1967 using data from the B...

Year-over-year Rent Growth Continues to Decelerate; Asking Rents Likely to be Down year-over-year in June or July

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Today, in the Calculated Risk Real Estate Newsletter: Year-over-year Rent Growth Continues to Decelerate A brief excerpt: Tracking rents is...

Vehicles Sales at 15.05 million SAAR in May; Up 19.6% YoY

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The BEA released their estimate of vehicle sales for May this morning. The BEA estimates sales of 15.05 million SAAR in May 2023 (Seasonall...

Comments on May Employment Report

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The headline jobs number in the May employment report was above expectations, and employment for the previous two months was revised up by 9...

May Employment Report: 339 thousand Jobs, 3.7% Unemployment Rate

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From the BLS : Total nonfarm payroll employment increased by 339,000 in May , and the unemployment rate rose by 0.3 percentage point to 3....
Thursday, June 01, 2023

Friday: Employment Report

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Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Friday: • At 8:30 AM ET, Employment Report for May....

U.S. Births decreased Slightly in 2022

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From the National Center for Health Statistics: Births: Provisional Data for 2022 . The NCHS reports: The provisional number of births f...

May Employment Preview

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On Friday at 8:30 AM ET, the BLS will release the employment report for May. The consensus is for 180,000 jobs added, and for the unemploym...

Construction Spending Increased 1.2% in April

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From the Census Bureau reported that overall construction spending increased: Construction spending during April 2023 was estimated at a ...

ISM® Manufacturing index Decreased to 46.9% in May

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(Posted with permission). The ISM manufacturing index indicated contraction. The PMI® was at 46.9% in May, down from 47.1% in April. The ...