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Posts Tagged ‘ January ’

January 2018: Unofficial Problem Bank list declines to 101 Institutions

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January 2018: Unofficial Problem Bank list declines to 101 Institutions

Note: Surferdude808 compiles an unofficial list of Problem Banks compiled only from public sources. Here is the unofficial problem bank list for January 2018. Here are the monthly changes and a few comments from surferdude808: Update on the Unofficial Problem Bank List for January 2018. The list had a net decline of two insured...
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Chemical Activity Barometer Increased in January

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Chemical Activity Barometer Increased in January

Note: This appears to be a leading indicator for industrial production. From the American Chemistry Council: Business, Economic Activity Show No Signs of Winter Freeze as 2018 Gets off to Robust Start The Chemical Activity Barometer (CAB), a leading economic indicator created by the American Chemistry Council (ACC), expanded 0.5 percent in January on...
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Schedule for Week of January 7, 2018

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Schedule for Week of January 7, 2018

The key economic reports this week are December retail sales and the Consumer Price Index (CPI). —– Monday, Jan 8th —–3:00 PM: Consumer Credit from the Federal Reserve. The consensus is for consumer credit to increase .0 billion in November. —– Tuesday, Jan 2nd —–6:00 AM ET: NFIB Small Business Optimism Index for December....
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Lawler: Early Read on Existing Home Sales in January

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Lawler: Early Read on Existing Home Sales in January

From housing economist Tom Lawler: Early Read on Existing Home Sales in January Based on publicly-available state and/or local realtor/MLS reports released through today, I project that US existing home sales as estimated by the National Association of Realtors ran at a seasonally adjusted annual rate of 5.60 million, up 2.0% from December’s preliminary...
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Las Vegas Real Estate in January: Sales up 13.9% YoY, Inventory down Sharply

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Las Vegas Real Estate in January: Sales up 13.9% YoY, Inventory down Sharply

This is a key distressed market to follow since Las Vegas has seen the largest price decline of any of the Case-Shiller composite 20 cities. The Greater Las Vegas Association of Realtors reported Southern Nevada Home Prices Rise to Start 2017, GLVAR Housing Statistics for January 2017 The Greater Las Vegas Association of REALTORS®...
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ADP: Private Employment increased 246,000 in January

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ADP: Private Employment increased 246,000 in January

From ADP: Private sector employment increased by 246,000 jobs from December 2016 to January 2017 according to the January ADP National Employment Report®. … The report, which is derived from ADP’s actual payroll data, measures the change in total nonfarm private employment each month on a seasonally-adjusted basis.…“The U.S. labor market is hitting on...
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DOT: Vehicle Miles Driven increased 2.0% year-over-year in January

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DOT: Vehicle Miles Driven increased 2.0% year-over-year in January

The Department of Transportation (DOT) reported today: Travel on all roads and streets changed by 2.0% (4.8 billion vehicle miles) for January 2016 as compared with January 2015. Travel for the month is estimated to be 240.7 billion vehicle miles. The seasonally adjusted vehicle miles traveled for January 2016 is 264.3 billion miles, a...
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Zillow Forecast: Expect “Modestly Slower Growth” in January for the Case-Shiller Indexes than in December

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Zillow Forecast: Expect “Modestly Slower Growth” in January for the Case-Shiller Indexes than in December

The Case-Shiller house price indexes for December were released last week. Zillow forecasts Case-Shiller a month early, and I like to check the Zillow forecasts since they have been pretty close. From Zillow: January Case-Shiller Forecast: Modestly Slower Growth Expected The December Case-Shiller indices grew at a pace in line with prior months, with all...
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CPI unchanged in January, Core CPI up 2.2% YoY

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CPI unchanged in January, Core CPI up 2.2% YoY

From the BLS: The Consumer Price Index for All Urban Consumers (CPI-U) was unchanged in January on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 1.4 percent before seasonal adjustment. An increase in the index for all items less food...
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Housing Starts declined to 1.099 Million Annual Rate in January

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Housing Starts declined to 1.099 Million Annual Rate in January

From the Census Bureau: Permits, Starts and Completions Housing Starts:Privately-owned housing starts in January were at a seasonally adjusted annual rate of 1,099,000. This is 3.8 percent below the revised December estimate of 1,143,000, but is 1.8 percent above the January 2015 rate of 1,080,000. Single-family housing starts in January were at a rate...
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