Blog Profile / CalculatedRisk

Filed Under:Business & Finance / Economics
Posts on Regator:9388
Posts / Week:22.3
Archived Since:June 7, 2008

Blog Post Archive

Trade Deficit at $37.4 Billion in April

Earlier the Department of Commerce reported:The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced today that the goods and services deficit was $37.4 billion in April, up $1.9 billion from $35.5 billion in March, revised. Show More Summary

May Employment Report: 38,000 Jobs, 4.7% Unemployment Rate

From the BLS: The unemployment rate declined by 0.3 percentage point to 4.7 percent in May, and nonfarm payroll employment changed little (+38,000), the U.S. Bureau of Labor Statistics reported today. Employment increased in health care. Show More Summary

Comments: A Disappointing Employment Report

The headline jobs number was very disappointing, and there were downward revisions to job growth for prior months. The key negatives were few jobs added (only 38 thousand, although the Verizon strike cut the job growth by about 37 thousand),...Show More Summary

Friday: Jobs and Wages, Trade Deficit

Here is the BLS Strike Report (mentioned earlier). The report shows 35,100 Verizon workers on strike during the May reference period.Earlier on the payroll report:From CR: Preview of May Employment ReportAnd The Verizon Strike and the...Show More Summary

Preview of May Employment Report

On Friday at 8:30 AM ET, the BLS will release the employment report for May. The consensus, according to Bloomberg, is for an increase of 158,000 non-farm payroll jobs in May (with a range of estimates between 110,000 to 219,000, and...Show More Summary

Goldman's May NFP Preview

A few excerpts from Goldman Sachs' May Payroll Preview by economists Zach Pandl and Elad Pashtan:We forecast that nonfarm payroll employment increased by 165,000 in May, close to consensus expectations for a 160,000 increase. Payroll...Show More Summary

The Verizon Strike and the May Employment Report

Approximately 40,000 Verizon workers went on strike on April 13th, and returned to work on June 1st.What will be the impact on the May employment report?These workers were on strike during the reference period in May and will not be counted as employed. Show More Summary

Weekly Initial Unemployment Claims decrease to 267,000

The DOL reported:In the week ending May 28, the advance figure for seasonally adjusted initial claims was 267,000, a decrease of 1,000 from the previous week's unrevised level of 268,000. The 4-week moving average was 276,750, a decrease...Show More Summary

ADP: Private Employment increased 173,000 in May

From ADP: Private sector employment increased by 173,000 jobs from April to May according to the May ADP National Employment Report®.... The report, which is derived from ADP’s actual payroll data, measures the change in total nonfarm...Show More Summary

Thursday: ADP Employment, Unemployment Claims

Thursday:• At 8:15 AM ET, The ADP Employment Report for May. This report is for private payrolls only (no government). The consensus is for 175,000 payroll jobs added in May, up from 156,000 added in April. • At 8:30 AM, The initial weekly unemployment claims report will be released. Show More Summary

U.S. Light Vehicle Sales increase to 17.4 million annual rate in May

Based on a preliminary estimate from WardsAuto, light vehicle sales were at a 17.37 million SAAR in May (Preliminary estimate excluding Jaguar Land Rover and Volvo).That is down about 1.5% from May 2015, and up slightly from the 17.32 million annual sales rate last month. Show More Summary

Fed's Beige Book: "Modest economic growth" in most Districts

Fed's Beige Book "Prepared at the Federal Reserve Bank of Minneapolis and based on information collected before May 23, 2016. "Information received from the 12 Federal Reserve Districts mostly described modest economic growth since the last Beige Book report. Show More Summary

ISM Manufacturing index increased to 51.3 in May

The ISM manufacturing index indicated expansion for the third consecutive month in May, following five months of contraction. The PMI was at 51.3% in May, up from 50.8% in April. The employment index was at 49.2%, unchanged from 49.2%...Show More Summary

Construction Spending decreased 1.8% in April

Earlier today, the Census Bureau reported that overall construction spending decreased 1.8% in April compared to March:The U.S. Census Bureau of the Department of Commerce announced today that construction spending during April 2016Show More Summary

Wednesday: ISM Mfg Survey, ADP Employment, Construction Spending, Auto Sales, Beige Book

Wednesday:• At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.• At 8:15 AM, The ADP Employment Report for May. This report is for private payrolls only (no government). Show More Summary

Real Prices and Price-to-Rent Ratio in March

Here is the earlier post on Case-Shiller: Case-Shiller Graphs: National House Price Index increased 5.2% year-over-year in MarchThe year-over-year increase in prices is mostly moving sideways now around 5%. In March, the index was up...Show More Summary

Dallas Fed: Regional Manufacturing Activity declined in May

From the Dallas Fed: Texas Manufacturing Activity DeclinesTexas factory activity declined in May after two months of increases, according to business executives responding to the Texas Manufacturing Outlook Survey. The production index,...Show More Summary

Case-Shiller Graphs: National House Price Index increased 5.2% year-over-year in March

S&P/Case-Shiller released the monthly Home Price Indices for March ("March" is a 3 month average of January, February and March prices).This release includes prices for 20 individual cities, two composite indices (for 10 cities and 20...Show More Summary

Case-Shiller: National House Price Index increased 5.2% year-over-year in March

Note: S&P is having difficulty this morning. From the WSJ: U.S. Home Price Growth Remained Robust in March, Case-Shiller SaysThe S&P/Case-Shiller Home Price Index, covering the entire nation rose 5.2% in the 12 months ended in March,...Show More Summary

Personal Income increased 0.4% in April, Spending increased 1.0%

The BEA released the Personal Income and Outlays report for April: Personal income increased $69.8 billion, or 0.4 April, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) increased $119.2...Show More Summary

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