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Earlier: NY Fed Mfg “Solid”, Philly Fed Mfg “Slowed” in November

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Earlier: NY Fed Mfg “Solid”, Philly Fed Mfg “Slowed” in November

Earlier: From the NY Fed: Empire State Manufacturing Survey Business activity continued to grow at a solid clip in New York State, according to firms responding to the November 2018 Empire State Manufacturing Survey. The headline general business conditions index edged up two points to 23.3. …The index for number of employees moved up...
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Earlier: Philly and NY Fed Manufacturing Surveys Showed Growth in February

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Earlier: Philly and NY Fed Manufacturing Surveys Showed Growth in February

Earlier from the NY Fed: Empire State Manufacturing Survey Business activity continued to expand in New York State, according to firms responding to the February 2018 Empire State Manufacturing Survey. The headline general business conditions index fell five points to 13.1, suggesting a somewhat slower pace of growth than in January. … Labor market...
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Earlier: Weekly Initial Unemployment Claims increased to 281,000

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Earlier: Weekly Initial Unemployment Claims increased to 281,000

A quick graph of unemployment claims … Note: Starting with this release, the DOL is including a table of unadjusted State-level “advance”claims. The DOL reported: In the week ending June 27, the advance figure for seasonally adjusted initial claims was 281,000, an increase of 10,000 from the previous week’s unrevised level of 271,000. The...
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Earlier: Chicago Fed National Activity Index improves, Kansas City Fed Mfg Survey shows contraction

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Earlier: Chicago Fed National Activity Index improves, Kansas City Fed Mfg Survey shows contraction

A couple of reports from earlier this morning: • The Chicago Fed released the national activity index (a composite index of other indicators): Economic Activity Increased in November Led by improvements in production-related indicators, the Chicago Fed National Activity Index (CFNAI) increased to +0.10 in November from –0.64 in October. Two of the four...
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Fannie Mae July mortgage portfolio up 4.1% from year earlier, prices two-year deal

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Fannie Mae July mortgage portfolio up 4.1% from year earlier, prices two-year deal

Fannie Mae’s mortgage portfolio through July is up 4.1% from the year ago yet down somewhat from June, and the GSE issued nearly half the mortgage-backed securities during the month than in did last July. Fannie ended July with gross holdings of nearly 2 billion. That figure stood at 0.4 billion last year and...
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