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MBA: Mortgage Delinquencies Decreased in Q1, Foreclosures Decreased

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MBA: Mortgage Delinquencies Decreased in Q1, Foreclosures Decreased

From the MBA: Delinquencies Decline in Latest MBA Mortgage Delinquency Survey The delinquency rate for mortgage loans on one- to four-unit residential properties decreased to a seasonally adjusted rate of 4.71 percent of all loans outstanding at the end of the first quarter of 2017.  The delinquency rate was down nine basis points from...
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ISM Non-Manufacturing Index decreased to 51.4% in August

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ISM Non-Manufacturing Index decreased to 51.4% in August

The August ISM Non-manufacturing index was at 51.4%, down from 55.5% in July. The employment index decreased in August to 50.7%, down from 51.4% in July. Note: Above 50 indicates expansion, below 50 contraction. From the Institute for Supply Management:August 2016 Non-Manufacturing ISM Report On Business® Economic activity in the non-manufacturing sector grew in August...
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U.S. Births decreased slightly in 2015

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U.S. Births decreased slightly in 2015

From the National Center for Health Statistics: Births: Preliminary Data for 2015. The NCHS reports: The preliminary number of births for the United States in 2015 was 3,977,745, a decrease of less than 1% (0.3%) from 2014 (3,988,076). This decline followed the increase in births from 2013 to 2014, which was the first increase...
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ISM Manufacturing index decreased to 50.8 in April

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ISM Manufacturing index decreased to 50.8 in April

The ISM manufacturing index indicated expansion for the second consecutive month in April, following five months of contraction. The PMI was at 50.8% in April, down from 51.8% in March. The employment index was at 49.2%, up from 48.1% in March, and the new orders index was at 55.8%, down from 58.3% in March....
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Freddie Mac: Mortgage Serious Delinquency rate decreased in February, Lowest since Sept 2008

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Freddie Mac: Mortgage Serious Delinquency rate decreased in February, Lowest since Sept 2008

Friday:• At 8:30 AM ET, Employment Report for March. The consensus is for an increase of 210,000 non-farm payroll jobs added in March, down from the 242,000 non-farm payroll jobs added in February. The consensus is for the unemployment rate to be unchanged at 4.9%. • At 10:00 AM, the ISM Manufacturing Index for...
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Retail Sales decreased 0.1% in February

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Retail Sales decreased 0.1% in February

On a monthly basis, retail sales were down 0.1% from January to February (seasonally adjusted), and sales were up 3.1% from February 2015. From the Census Bureau report: The U.S. Census Bureau announced today that advance estimates of U.S. retail and food services sales for February, adjusted for seasonal variation and holiday and trading-day...
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LA area Port Traffic Decreased YoY in December

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LA area Port Traffic Decreased YoY in December

Friday:• At 8:30 AM ET, the Producer Price Index for December from the BLS. The consensus is for a 0.2% decrease in prices, and a 0.1% increase in core PPI. • Also at 8:30 AM, Retail sales for December will be released. The consensus is for retail sales to be unchanged in December. •...
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Construction Spending decreased 0.4% in November, Up 10.5% YoY

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Construction Spending decreased 0.4% in November, Up 10.5% YoY

The Census Bureau reported that overall construction spending decreased in November compared to October: The U.S. Census Bureau of the Department of Commerce announced today that construction spending during November 2015 was estimated at a seasonally adjusted annual rate of ,122.5 billion, 0.4 percent below the revised October estimate of ,127.0 billion. The November...
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ATA Trucking Index decreased 0.9% in August

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ATA Trucking Index decreased 0.9% in August

From the ATA: ATA Truck Tonnage Index Fell 0.9% in August AAmerican Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index declined 0.9% in August, following a revised increase of 3.1% during July. In August, the index equaled 134.2 (2000=100), down from 135.3 in July. The all-time high of 135.8 was reached in January...
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Weekly Initial Unemployment Claims decreased to 276,000

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Weekly Initial Unemployment Claims decreased to 276,000

The DOL reported: In the week ending May 30, the advance figure for seasonally adjusted initial claims was 276,000, a decrease of 8,000 from the previous week’s revised level. The previous week’s level was revised up by 2,000 from 282,000 to 284,000. The 4-week moving average was 274,750, an increase of 2,750 from the...
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