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Hotels: Occupancy Rate Declined Slightly Year-over-year

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Hotels: Occupancy Rate Declined Slightly Year-over-year

From HotelNewsNow.com: US hotel results for week ending 13 October The U.S. hotel industry reported mixed year-over-year results in the three key performance metrics during the week of 7-13 October 2018, according to data from STR. In comparison with the week of 8-14 October 2017, the industry recorded the following: • Occupancy: -0.7% to...
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Merrill on House Prices

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Merrill on House Prices

A few excerpts from a Merrill Lynch note on house prices: Home prices nationally, as measured by the S&P CoreLogic Case-Shiller index are running at 6.0% yoy as of the latest data in July. Assuming some modest slowing into the end of the year, we believe we are on track for home prices to...
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MBA: Mortgage Applications Decreased in Latest Weekly Survey

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MBA: Mortgage Applications Decreased in Latest Weekly Survey

From the MBA: Mortgage Applications Decline in Latest MBA Weekly Surve Mortgage applications decreased 7.1 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending October 12, 2018. This week’s results didn’t include adjustment for the Columbus Day holiday. … The Refinance...
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Monday: Retail Sales, NY Fed Mfg Survey

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Monday: Retail Sales, NY Fed Mfg Survey

Weekend:• Schedule for Week of October 14, 2018 Monday:• At 8:30 AM ET: Retail sales for September will be released.  The consensus is for a 0.6% increase in retail sales. • At 8:30 AM ET: The New York Fed Empire State manufacturing survey for October. The consensus is for a reading of 19.3, up...
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Oil Rigs Increase Sharply

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Oil Rigs Increase Sharply

A few comments from Steven Kopits of Princeton Energy Advisors LLC on October 12, 2018: • Oil rigs were up sharply this week, +8 to 869 • Horizontal oil rigs similarly rose, +8 to 772…• This report is deceptively bullish, as ‘Other US’ added 8 horizontal oil rigs, of which perhaps 4-6 are likely...
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Thursday: CPI, Unemployment Claims and 2019 COLA

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Thursday: CPI, Unemployment Claims and 2019 COLA

Thursday:• At 8:30 AM: The initial weekly unemployment claims report will be released.  The consensus is for 210 thousand initial claims, up from 207 thousand the previous week. • At 8:30 AM: The Consumer Price Index for September from the BLS. The consensus is for a 0.2% increase in CPI, and a 0.2% increase...
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Tuesday: Small Business Survey

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Tuesday: Small Business Survey

Tuesday:• At 6:00 AM ET, NFIB Small Business Optimism Index for September. Calculated Risk
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Schedule for Week of October 7, 2018

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Schedule for Week of October 7, 2018

The key economic report this week is the September Consumer Price Index (CPI). —– Monday, Oct 8th —–Columbus Day Holiday: Banks will be closed in observance of Columbus Day. The stock market will be open. No economic releases are scheduled. —– Tuesday, Oct 9th —–6:00 AM: NFIB Small Business Optimism Index for September. —–...
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Friday: Employment Report, Trade Deficit and some Hiking Pictures

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Friday: Employment Report, Trade Deficit and some Hiking Pictures

My September Employment Preview Goldman: September Payrolls Preview Friday:• At 8:30 AM, Employment Report for September. The consensus is for an increase of 180,000 non-farm payroll jobs in September, down from the 201,000 non-farm payroll jobs added in August. The consensus is for the unemployment rate to decline to 3.8%. • At 8:30 AM,...
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Schedule for Week of September 30, 2018

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Schedule for Week of September 30, 2018

The key report this week is the September employment report on Friday. Other key indicators include the September ISM manufacturing and non-manufacturing indexes, September auto sales, and the August trade deficit. —– Monday, Oct 1st —–10:00 AM: ISM Manufacturing Index for September. Here is a long term graph of the ISM manufacturing index. The...
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