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Posts Tagged ‘ December ’

Schedule for Week of December 1st

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Schedule for Week of December 1st

This will be a very busy week for economic data with several key reports including the November employment report on Friday, New Home sales for September and October on Wednesday, and the 2nd estimate of Q3 GDP on Thursday. Other key reports include the ISM manufacturing index on Monday, November vehicle sales on Tuesday, the...
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Gasoline Prices up over 50 Cents per Gallon since December

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Gasoline Prices up over 50 Cents per Gallon since December

From CNN: Gas prices jump, but not as high, survey finds Over the past two weeks, prices at the pump have jumped 20 cents, adding to a total rise of nearly 54 cents over the past nine weeks, according to the Lundberg Survey. … And now, prices may even start to drop, says publisher...
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Fannie Mae, Freddie Mac Mortgage Serious Delinquency rates mostly unchanged in December

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Fannie Mae, Freddie Mac Mortgage Serious Delinquency rates mostly unchanged in December

Fannie Mae reported that the Single-Family Serious Delinquency rate declined in December to 3.29% from 3.30% in November. The serious delinquency rate is down from 3.91% in December 2011, and this is the lowest level since March 2009. The Fannie Mae serious delinquency rate peaked in February 2010 at 5.59%. Freddie Mac reported that...
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U.S. Light Vehicle Sales at 15.3 million annual rate in December

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U.S. Light Vehicle Sales at 15.3 million annual rate in December

Based on an estimate from WardsAuto, light vehicle sales were at a 15.31 million SAAR in December. That is up 13% from December 2011, and down 1% from the sales rate last month. This was above the consensus forecast of 15.1 million SAAR (seasonally adjusted annual rate). Note: Some of the increase in November...
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Forecasts: Strong December for Vehicle Sales, Slowing growth in 2013

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Forecasts: Strong December for Vehicle Sales, Slowing growth in 2013

It looks like auto sales are finishing strong in 2012, however the growth rate for auto sales will probably slow in 2013. This is important because auto sales have been a key growth sector over the last few years, and that contribution will probably slow going forward.  The following table shows annual light vehicle sales,...
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BLS: Job Openings increased in December

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BLS: Job Openings increased in December

From the BLS: Job Openings and Labor Turnover Summary There were 3.4 million job openings on the last business day of December, up from 3.1 million in November, the U.S. Bureau of Labor Statistics reported today. … Although the number of job openings remained below the 4.4 million openings when the recession began in...
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LA area Port Traffic increases slightly year-over-year in December

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LA area Port Traffic increases slightly year-over-year in December

The following graphs are for inbound and outbound traffic at the ports of Los Angeles and Long Beach in TEUs (TEUs: 20-foot equivalent units or 20-foot-long cargo container). Although containers tell us nothing about value, container traffic does give us an idea of the volume of goods being exported and imported – and possible...
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CoStar: Commercial Real Estate prices increased slightly in December

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CoStar: Commercial Real Estate prices increased slightly in December

From CoStar: CoStar Commercial Repeat-Sale Indices, February 2011 Release • At the national level, CoStar’s Investment Grade Repeat-Sale Index was up nearly 7% for the month of December continuing the see-saw pattern observed with oscillating monthly pricing data, resulting in a slight positive quarter. … From its peak in July 2007, the Investment Grade...
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December new home sales up 17.5% from prior month

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December new home sales up 17.5% from prior month

New sales of single-family homes rose 17.5% in December from a month earlier to the highest level since April when the homebuyer tax credit propped up the market. The Commerce Department said the seasonally adjusted rate of 329,000 units last month was up from a downwardly revised 280,000 for November, yet still 7.6% below...
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Schedule for Week of December 26th

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Schedule for Week of December 26th

This will be a light week for economic news. The Case-Shiller house price index will be released on Tuesday, and several regional manufacturing surveys will be released during the week. —– Monday, Dec 27th —– 10:30 AM: Dallas Fed Manufacturing Survey for December. The Texas survey showed expansion last month (at 13.1), and is...
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