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Posts Tagged ‘ July ’

Goldman: July Payrolls Preview

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Goldman: July Payrolls Preview

A few brief excerpts from a note by Goldman Sachs economist Spencer Hill: We estimate nonfarm payrolls increased by 190k in July … Our forecast reflects generally favorable labor market fundamentals and a potential boost from evolving seasonality, as July job growth has been strong in recent years in both the establishment and household...
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U.S. Light Vehicle Sales at 16.76 million annual rate in July

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U.S. Light Vehicle Sales at 16.76 million annual rate in July

Based on an estimate from WardsAuto, light vehicle sales were at a 16.76 million SAAR in July. That is down 6% from July 2016, and up 1% from last month. Click on graph for larger image. This graph shows the historical light vehicle sales from the BEA (blue) and an estimate for July (red, light...
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July 2016: Unofficial Problem Bank list declines to 134 Institutions

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July 2016: Unofficial Problem Bank list declines to 134 Institutions

Note: Surferdude808 compiles an unofficial list of Problem Banks compiled only from public sources. Here is the unofficial problem bank list for July 2017. Here are the monthly changes and a few comments from surferdude808: Update on the Unofficial Problem Bank List for July 2017.  It was a quiet month for changes to the...
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Schedule for Week of July 16, 2017

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Schedule for Week of July 16, 2017

The key economic report this week is June Housing Starts on Wednesday. For manufacturing, the July New York and Philly Fed manufacturing surveys, will be released this week. —– Monday, July 17th —–8:30 AM: The New York Fed Empire State manufacturing survey for July. The consensus is for a reading of 15.0, down from 19.8. —–...
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Schedule for Week of July 2, 2017

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Schedule for Week of July 2, 2017

The key report this week is the June employment report on Friday. Other key indicators include the June ISM manufacturing and non-manufacturing indexes, June auto sales, and the May Trade Deficit. —– Monday, July 3rd —–10:00 AM: ISM Manufacturing Index for June. The consensus is for the ISM to be at 55.1, up from 54.9...
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LA area Port Traffic Mostly Unchanged in July

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LA area Port Traffic Mostly Unchanged in July

Special note: Now that the expansion to the Panama Canal has been completed, some of the traffic that used the ports of Los Angeles and Long Beach will eventually go through the canal. This could impact TEUs on the West Coast in the future. Container traffic gives us an idea about the volume of...
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Lawler: Early Read on Existing Home Sales in July

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Lawler: Early Read on Existing Home Sales in July

From housing economist Tom Lawler: Based on publicly-available state and local realtor/MLS reports from across the country released through today, I project that existing home sales as estimated by the National Association of Realtors ran at a seasonally adjusted annual rate of 5.41 million in July, down 2.9% from June’s preliminary pace and down...
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Preview of July Employment Report

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Preview of July Employment Report

On Friday at 8:30 AM ET, the BLS will release the employment report for July. The consensus, according to Bloomberg, is for an increase of 185,000 non-farm payroll jobs in July (with a range of estimates between 150,000 to 215,000, and for the unemployment rate to decrease to 4.8%. The BLS reported 287,000 jobs...
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Tuesday: Personal Income & Outlays, July Auto Sales

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Tuesday: Personal Income & Outlays, July Auto Sales

Tuesday:• At 8:30 AM ET: Personal Income and Outlays for June. The consensus is for a 0.3% increase in personal income, and for a 0.3% increase in personal spending. And for the Core PCE price index to increase 0.1%. • All day: Light vehicle sales for July. The consensus is for light vehicle sales...
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Freddie Mac: Mortgage Serious Delinquency rates declined in June, Lowest since July 2008

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Freddie Mac: Mortgage Serious Delinquency rates declined in June, Lowest since July 2008

Freddie Mac reported that the Single-Family serious delinquency rate decreased in June to 1.08% from 1.11% in May.  Freddie’s rate is down from 1.53% in June 2015. This is the lowest rate since July 2008. Freddie’s serious delinquency rate peaked in February 2010 at 4.20%. These are mortgage loans that are “three monthly payments...
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