Finance and Economics
Friday, June 02, 2023
Heavy Truck Sales Up Sharply Year-over-year in May
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
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
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
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
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
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
From the National Center for Health Statistics: Births: Provisional Data for 2022 . The NCHS reports: The provisional number of births f...
May Employment Preview
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
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
(Posted with permission). The ISM manufacturing index indicated contraction. The PMI® was at 46.9% in May, down from 47.1% in April. The ...
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