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Posts Tagged ‘ Consumer ’

Thursday: PPI, Unemployment Claims, Consumer Sentiment

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Thursday: PPI, Unemployment Claims, Consumer Sentiment

From Matthew Graham at Mortgage News Daily: Rates Move Deeper Into 2017 Lows After Trump Comments Mortgage rates continued lower today, bringing them even deeper into new lows for 2017.  Bond markets (which underlie rate movement) were already doing just fine this morning, but got a boost from Trump’s comments on the strength of the US...
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Preliminary August Consumer Sentiment at 90.4

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Preliminary August Consumer Sentiment at 90.4

The preliminary University of Michigan consumer sentiment index for August was at 90.4, up from 90.0 in July. Confidence inched upward in early August due to more favorable prospects for the overall economy offsetting a small pullback in personal finances. Most of the weakness in personal finances was among younger households who cited higher...
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Friday: Q2 GDP, Chicago PMI, Consumer Sentiment

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Friday: Q2 GDP, Chicago PMI, Consumer Sentiment

Note: As part of the GDP release tomorrow, the BEA will also release the annual revision. From the BEA: The annual revision of the national income and product accounts, covering the first quarter of 2013 through the first quarter of 2016, will be released along with the “advance” estimate of GDP for the second...
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Energy expenditures as a percentage of consumer spending

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Energy expenditures as a percentage of consumer spending

Here is a graph of expenditures on energy goods and services as a percent of total personal consumption expenditures through December 2015. This is one of the measures that Professor Hamilton at Econbrowser looks at to evaluate any drag on GDP from energy prices. Click on graph for larger image. Data source: BEA Table...
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Friday: PPI, Industrial Production, Consumer Sentiment

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Friday: PPI, Industrial Production, Consumer Sentiment

NOTE: CR is on vacation and will return on Sunday, August 23rd. Friday:• At 8:30 AM ET, the Producer Price Index for July from the BLS. The consensus is for a 0.1% increase in prices, and a 0.1% increase in core PPI. • At 9:15 AM, The Fed will release Industrial Production and Capacity...
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Friday: Ugly GDP, Chicago PMI, Consumer Sentiment

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Friday: Ugly GDP, Chicago PMI, Consumer Sentiment

From Matthew Graham at Mortgage News Daily: Mortgage Rates Microscopically Lower Mortgage rates barely budged today. Those that budged moved almost imperceptibly lower from yesterday’s latest rate sheets. In general, there was simply very little movement in underlying markets and lenders’ rate sheets matched the tone. Ironically, Freddie Mac’s weekly rate...
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Friday: PPI, Consumer Sentiment

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Friday: PPI, Consumer Sentiment

On mortgage rates from Matthew Graham at Mortgage News Daily: Mortgage Rates Steady Near March Lows Mortgage rates were mixed today depending on the lender, but moved just slightly lower on average. This wasn’t the case this morning as essentially all lenders came out with noticeably lower rates following the weaker-than-expected Retail Sales report....
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Friday: GDP, Chicago PMI, Consumer Sentiment

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Friday: GDP, Chicago PMI, Consumer Sentiment

From the Atlanta Fed: The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2014 was 3.5 percent on January 27, unchanged from January 21. From Nomura: Incoming data suggest that the economy grew at a slower pace in Q4 than the strong 5.0% growth in Q3....
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Friday: Retail Sales, Consumer Sentiment, Q3 National Mortgage Delinquency Survey

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Friday: Retail Sales, Consumer Sentiment, Q3 National Mortgage Delinquency Survey

One of the keys in the retail sales report will be sales ex-gasoline. From the WSJ: On Your Shopping List: Three Things to Watch in the Retail Sales Report onsider retail performance excluding gasoline stations. Retail sales are reported nominally and gas prices have plummeted since June. That means a clearer picture of the...
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Wednesday: Consumer Price Index

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Wednesday: Consumer Price Index

Here is a forecast for 2015 from the MBA: MBA Sees Originations Increasing Seven Percent in 2015 The Mortgage Bankers Association announced today that it expects to see .19 trillion in mortgage originations during 2015, a seven percent increase from 2014. While MBA anticipates purchase originations will increase 15 percent, it expects refinance originations...
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