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Posts Tagged ‘ Industrial ’

Monday: Industrial Production, NY Fed Mfg Survey, Homebuilder Survey

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Monday: Industrial Production, NY Fed Mfg Survey, Homebuilder Survey

From the WSJ: Fed Likely to Stare Down Oil-Price Drop Falling oil prices are a boost to the U.S. consumer. But lower prices also are putting downward pressure on already low inflation, potentially moving the nation further away from the Fed’s objective of 2% annual increases in consumer prices. If Ms. Yellen and her...
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Thursday: Industrial Production, Unemployment Claims, Homebuilder Survey, Philly Fed Mfg Survey

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Thursday: Industrial Production, Unemployment Claims, Homebuilder Survey, Philly Fed Mfg Survey

Just a highlight of a few prices … Brent oil futures are down to .78 per barrel, down from 0 a year ago. National gasoline prices are down to .18 per gallon and under .00 in many states.  This is down from .35 per gallon a year ago.   If oil prices stay at...
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Wednesday: Yellen, Industrial Production, PPI, Beige Book, Homebuilder Survey

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Wednesday: Yellen, Industrial Production, PPI, Beige Book, Homebuilder Survey

For enjoyment, some thoughts from Paul Krugman on Life Without Cars. I’ve been thinking about “IT-mediated car services” combined with self-driving cars. I agree with Krugman’s points, but what does this mean for real estate and housing? How about no home garages? (I dislike big ugly home garages at the front of homes –...
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Tuesday: Housing Starts, CPI, Industrial Production

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Tuesday: Housing Starts, CPI, Industrial Production

From Annie Lowery at the NY Times: Europe Split Over Austerity as a Path to Growth Economic fortunes during the recovery from the Great Recession have diverged, with new estimates of growth by the monetary fund expected on Tuesday. But they will not change the basic picture, which Ms. Lagarde has taken to describing...
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Wednesday: CPI, Industrial Production, Homebuilder Confidence, Beige Book

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Wednesday: CPI, Industrial Production, Homebuilder Confidence, Beige Book

Former Republican Senator Alan Simpson was on CNBC today. Here was the Q&A on the debt ceiling: Maria Bartiromo: “Do you believe the GOP should be using the debt ceiling as leverage point to get the President to agree to the cuts?” Alan Simpson: “I think that would be a grave mistake. I don’t...
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Friday: CPI, Industrial Production

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Friday: CPI, Industrial Production

A couple of articles for light evening reading: From Derek Thompson at the Atlantic: The Best Idea for the Debt Ceiling? Abolish It Forever. It really should be called the “default ceiling”. I’ve been arguing for years – since Reagan demanded a clean bill from Congress in the ’80s – that the default ceiling...
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Wednesday: CPI, Industrial Production, NY Fed Manufacturing Survey, Homebuilder Confidence

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Wednesday: CPI, Industrial Production, NY Fed Manufacturing Survey, Homebuilder Confidence

First on Europe, from the WSJ: Euro Zone Economy Shrinks, Darkening Outlook Economic activity in the 17-country currency bloc fell at an annualized rate of 0.7% in the second quarter after stagnating in the first three months of 2012, according to data from the European Union’s statistics arm. And on Greece from the Financial...
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Tuesday: Bernanke, CPI, Industrial Production, Builder Confidence

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Tuesday: Bernanke, CPI, Industrial Production, Builder Confidence

This will be a busy day for economic data, but first from Tim Duy: A Slap in The Face The retail sales number should be a slap in the face for any FOMC members sitting on the fence. … Note … that the 2010 slowdown in sales did not foreshadow a recession. But it...
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