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Leading Index for Commercial Real Estate Increases in May

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Leading Index for Commercial Real Estate Increases in May

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 Inches Up in May The Dodge Momentum Index eked out a small gain in May, moving 1.8% higher to 167.8 (2000=100) from the revised April reading of 164.9. The...
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Wednesday: Trade Deficit

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Wednesday: Trade Deficit

Wednesday:• At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index. • At 8:30 AM, Trade Balance report for April from the Census Bureau. The consensus is for the U.S. trade deficit to be at .0 billion in April unchanged from .0 billion in March....
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Sunday Night Futures

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Sunday Night Futures

Weekend:• Schedule for Week of June 3, 2018 Monday:• No major economic releases scheduled. From CNBC: Pre-Market Data and Bloomberg futures: S&P 500 are unchanged, and DOW futures are up slightly (fair value). Oil prices were down over the last week with WTI futures at .83 per barrel and Brent at .54 per barrel. ...
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U.S. Light Vehicle Sales decrease to 16.9 million annual rate in May

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U.S. Light Vehicle Sales decrease to 16.9 million annual rate in May

Based on a preliminary estimate from AutoData, light vehicle sales were at a 16.9 million SAAR in May. That is up 1% year-over-year from April 2017, and down 1% from last month. Click on graph for larger image. This graph shows the historical light vehicle sales from the BEA (blue) and an estimate for...
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Fed’s Beige Book: “Economic activity expanded moderately”, “concern about trade policy”

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Fed’s Beige Book: “Economic activity expanded moderately”, “concern about trade policy”

Fed’s Beige Book “This report was prepared at the Federal Reserve Bank of Cleveland based on information collected on or before May 21, 2018.” Economic activity expanded moderately in late April and early May with few shifts in the pattern of growth. The Dallas District was an exception, where overall economic activity sped up...
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Hotels: Occupancy Rate decreases Year-over-Year, Close to Record Annual Pace

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Hotels: Occupancy Rate decreases Year-over-Year, Close to Record Annual Pace

From HotelNewsNow.com: STR: US hotel results for week ending 19 May The U.S. hotel industry reported mixed year-over-year results in the three key performance metrics during the week of 13-19 May 2018, according to data from STR. In comparison with the week of 14-20 May 2017, the industry recorded the following: • Occupancy: -0.5%...
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Schedule for Week of May 27, 2018

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Schedule for Week of May 27, 2018

The key reports this week are the May employment report on Friday, and the second estimate of Q1 GDP on Wednesday. Other key indicators include Personal Income and Outlays for April, the May ISM manufacturing index, and May auto sales. —– Monday, May 28th —–All US markets will be closed in observance of Memorial...
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Kansas City Fed: Regional Manufacturing Activity “Continued to Expand Rapidly” in May

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Kansas City Fed: Regional Manufacturing Activity “Continued to Expand Rapidly” in May

From the Kansas City Fed: Tenth District Manufacturing Activity Continued to Expand Rapidly The Federal Reserve Bank of Kansas City released the May Manufacturing Survey today. According to Chad Wilkerson, vice president and economist at the Federal Reserve Bank of Kansas City, the survey revealed that Tenth District manufacturing activity continued to expand at...
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Richmond Fed: “Fifth District Manufacturing Firms Reported Robust Growth in May”

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Richmond Fed: “Fifth District Manufacturing Firms Reported Robust Growth in May”

From the Richmond Fed: Fifth District Manufacturing Firms Reported Robust Growth in May Fifth District manufacturing firms saw robust growth in May, according to survey results from the Federal Reserve Bank of Richmond. The composite index swung from ?3 in April to 16 in May, boosted by growth in the indexes for shipments, new...
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Schedule for Week of May 20, 2018

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Schedule for Week of May 20, 2018

The key economic reports this week are April New and Existing home sales. —– Monday, May 21st —–8:30 AM ET: Chicago Fed National Activity Index for April. This is a composite index of other data. —– Tuesday, May 22nd —–10:00 AM ET: Richmond Fed Survey of Manufacturing Activity for May. —– Wednesday, May 23rd...
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