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Schedule for Week of Apr 15, 2018

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Schedule for Week of Apr 15, 2018

The key economic reports this week are March Housing Starts and Retail Sales. For manufacturing, March industrial production, and the April New York, and Philly Fed manufacturing surveys, will be released this week. —– Monday, Apr 16th —–8:30 AM ET: Retail sales for March will be released.  The consensus is for a 0.4% increase...
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Hotels: Occupancy Rate Down Year-over-Year

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Hotels: Occupancy Rate Down Year-over-Year

From HotelNewsNow.com: STR: US hotel results for week ending 7 April The U.S. hotel industry reported mostly negative year-over-year results in the three key performance metrics during the week of 1-7 April 2018, according to data from STR. In comparison with the week of 2-8 April 2017, the industry recorded the following: • Occupancy:...
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Port of Long Beach: Record Port Traffic in Q1 2018

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Port of Long Beach: Record Port Traffic in Q1 2018

From the Port of Long Beach: Port of Long Beach Breaks 1st Quarter Record The Port of Long Beach has completed its best-ever first quarter, with marine terminals handling almost 1.9 million twenty-foot equivalent units (TEUs) January through March. The quick start is 19.4 percent more than the first quarter of 2017, the Port’s...
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Leading Index for Commercial Real Estate Increases in March

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Leading Index for Commercial Real Estate Increases in March

Note: This index is possibly a leading indicator for new non-residential Commercial Real Estate (CRE) investment, except manufacturing. From Dodge Data Analytics: Dodge Momentum Index Climbs in March The Dodge Momentum Index moved 6.1% higher in March, rising to 155.0 (2000=100) from the revised February reading of 146.0. The Momentum Index is a monthly...
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Fed Chair Powell: The Outlook for the U.S. Economy

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Fed Chair Powell: The Outlook for the U.S. Economy

Note: You can Watch Live on YouTube, At the Economic Club of Chicago, Chicago, Illinois From Fed Chair Jerome Powell: The Outlook for the U.S. Economy Unemployment has fallen from 10 percent at its peak in October 2009 to 4.1 percent, the lowest level in nearly two decades. Seventeen million jobs have been created...
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ISM Non-Manufacturing Index decreased to 58.8% in March

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ISM Non-Manufacturing Index decreased to 58.8% in March

The March ISM Non-manufacturing index was at 58.8%, down from 59.5% in February. The employment index increased in March to 56.6%, from 55.0%. Note: Above 50 indicates expansion, below 50 contraction. From the Institute for Supply Management: March 2018 Non-Manufacturing ISM Report On Business® conomic activity in the non-manufacturing sector grew in March for...
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ISM Manufacturing index decreased to 59.3 in March

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ISM Manufacturing index decreased to 59.3 in March

The ISM manufacturing index indicated expansion in March. The PMI was at 59.3% in March, down from 60.8% in February. The employment index was at 57.3%, down from 59.7% last month, and the new orders index was at 61.9%, down from 64.2%. From the Institute for Supply Management: March 2018 Manufacturing ISM® Report On...
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Fannie Mae: Mortgage Serious Delinquency rate decreased slightly in February

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Fannie Mae: Mortgage Serious Delinquency rate decreased slightly in February

Fannie Mae reported that the Single-Family Serious Delinquency rate decreased to 1.22% in February, down from 1.23% in January. The serious delinquency rate is up from 1.19% in February 2017. These are mortgage loans that are “three monthly payments or more past due or in foreclosure”.  The Fannie Mae serious delinquency rate peaked in...
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Thursday: Personal Income and Outlays, Unemployment Claims, Chicago PMI and More

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Thursday: Personal Income and Outlays, Unemployment Claims, Chicago PMI and More

Thursday:• At 8:30 AM ET, The initial weekly unemployment claims report will be released.  The consensus is for 228 thousand initial claims, down from 229 thousand the previous week. • Also at 8:30 AM, Personal Income and Outlays for February. The consensus is for a 0.4% increase in personal income, and for a 0.2%...
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Schedule for Week of Mar 25, 2018

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Schedule for Week of Mar 25, 2018

The key economic reports this week are the third estimate of Q4 GDP, Personal Income and Outlays for February, and Case-Shiller house prices. —– Monday, Mar 26th —–8:30 AM ET: Chicago Fed National Activity Index for February. This is a composite index of other data. 10:30 AM: Dallas Fed Survey of Manufacturing Activity for...
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