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Posts Tagged ‘ 1.5% ’

Q3 GDP Forecasts: Around 1.5% to 2.0%

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Q3 GDP Forecasts: Around 1.5% to 2.0%

From Merrill Lynch: 3Q and 2Q GDP tracking remain at 2.0% qoq saar. emphasis added From Goldman Sachs: Following this morning’s data, we boosted our Q3 GDP tracking estimate by one tenth to +2.0% (qoq ar). From the NY Fed Nowcasting Report The New York Fed Staff Nowcast stands...
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Q2 GDP Forecasts: Around 1.5%

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Q2 GDP Forecasts: Around 1.5%

From Goldman Sachs: The May core PCE price index increased 0.19% month-over-month, close to expectations, but the year-over-year exceeded consensus by a tenth reflecting the price revisions in yesterday’s GDP report. Personal spending increased by 0.4% and was revised higher in April, and the personal saving rate remained flat at 6.1%. We left our...
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BEA: Personal Income increased 0.2% in September, Core PCE prices up 1.5% year-over-year

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BEA: Personal Income increased 0.2% in September, Core PCE prices up 1.5% year-over-year

The BEA released the Personal Income and Outlays report for September: Personal income increased .7 billion, or 0.2 percent … in September, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) decreased .0 billion, or 0.2 percent.…Real PCE — PCE adjusted to remove price changes — decreased 0.2 percent in September, in...
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DOT: Vehicle Miles Driven increased 1.5% in September

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DOT: Vehicle Miles Driven increased 1.5% in September

The Department of Transportation (DOT) reported: ? Travel on all roads and streets changed by 1.5% (3.7 billion vehicle miles) for September 2013 as compared with September 2012. ? Travel for the month is estimated to be 241.7 billion vehicle miles. ? Cumulative Travel for 2013 changed by 0.4% (9.8 billion vehicle miles). The...
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Cost of Living Adjustment: 1.5%, Contribution Base for 2014: $117,000

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Cost of Living Adjustment: 1.5%, Contribution Base for 2014: $117,000

With the release of the CPI report this morning, we now know the Cost of Living Adjustment (COLA), and the contribution base for 2014. Currently CPI-W is the index that is used to calculate the Cost-Of-Living Adjustments (COLA). Here is a discussion from Social Security on the current calculation (1.5% increase) and a list of...
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FTC mails $1.5 million in mortgage refund checks to Hispanics

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FTC mails $1.5 million in mortgage refund checks to Hispanics

The Federal Trade Commission mailed .5 million in refund checks to Hispanic borrowers who were allegedly charged more on their mortgage than whites. The refund stems from a lawsuit the FTC filed against California-based Golden Empire Mortgage and its CEO Howard Kootstra. The suit alleged the company charged Hispanic consumers higher prices for mortgages....
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Existing Home Inventory increases 1.5% Year-over-Year

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Existing Home Inventory increases 1.5% Year-over-Year

Earlier the NAR released the existing home sales data for August; here are a couple more graphs … The first graph shows the year-over-year (YoY) change in reported existing home inventory and months-of-supply. Inventory is not seasonally adjusted, so it really helps to look at the YoY change. Click on graph for larger image...
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