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Posts Tagged ‘ June ’

Construction Spending increased 0.1% in June

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Construction Spending increased 0.1% in June

The Census Bureau reported that overall construction spending increased slightly in June: The U.S. Census Bureau of the Department of Commerce announced today that construction spending during June 2015 was estimated at a seasonally adjusted annual rate of ,064.6 billion, 0.1 percent above the revised May estimate of ,063.5 billion. The June figure is...
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June NFP: Merrill and Nomura Forecasts

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June NFP: Merrill and Nomura Forecasts

The June employment report will be released on Thursday, July 2nd. Here are a couple of forecasts: From Nomura: e forecast a 230k increase in private payrolls, with a 5k increase in government jobs, implying that total nonfarm payrolls will gain 235k. We forecast that manufacturing employment increased by 5k in June. We forecast...
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Schedule for Week of June 21, 2015

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Schedule for Week of June 21, 2015

The key reports this week are May New Home sales on Tuesday, the 3rd estimate of Q1 GDP on Wednesday, and May Existing Home Sales on Monday. For manufacturing, the May Richmond and Kansas City Fed surveys will be released this week. —– Monday, June 22nd —–8:30 AM ET: Chicago Fed National Activity Index...
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Report: Greece will not make June IMF Payment

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Report: Greece will not make June IMF Payment

From the WSJ: Greece Won’t Meet IMF Repayments in June, Interior Minister Says Greece said Sunday that it won’t have the money it is due to repay to the International Monetary Fund next month unless it strikes a deal with international creditors over further rescue funding. Interior Minister Nikos Voutsis told privately owned television...
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Freddie Mac: Mortgage Serious Delinquency rate declined in June, Lowest since January 2009

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Freddie Mac: Mortgage Serious Delinquency rate declined in June, Lowest since January 2009

Freddie Mac reported that the Single-Family serious delinquency rate declined in June to 2.07% from 2.10% in May. Freddie’s rate is down from 2.79% in June 2013, and this is the lowest level since January 2009. Freddie’s serious delinquency rate peaked in February 2010 at 4.20%. These are mortgage loans that are “three monthly...
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CPI increases 0.3% in June, Core CPI 0.1%

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CPI increases 0.3% in June, Core CPI 0.1%

From the Bureau of Labor Statistics (BLS): Consumer Price Index – June 2014 The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3 percent in June on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 2.1 percent before seasonal...
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Lawler: Preliminary Table of Distressed Sales and Cash buyers for Selected Cities in June

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Lawler: Preliminary Table of Distressed Sales and Cash buyers for Selected Cities in June

Economist Tom Lawler sent me the preliminary table below of short sales, foreclosures and cash buyers for several selected cities in June. Comments from CR: Tom Lawler has been sending me this table every month for several years. I think it is very useful for looking at the trend for distressed sales and cash buyers...
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Schedule for Week of June 29th

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Schedule for Week of June 29th

This will be a busy holiday week for economic data with several key reports including the June employment report on Thursday. Other key reports include the ISM manufacturing index on Tuesday, June vehicle sales on Tuesday, and the May Trade Deficit and June ISM non-manufacturing index on Thursday. Fed Chair Janet Yellen will speak...
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Schedule for Week of June 15th

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Schedule for Week of June 15th

The key report this week is housing starts for May on Tuesday. For manufacturing, the May Industrial Production and Capacity Utilization report, and the June NY Fed (Empire State) and Philly Fed surveys, will be released this week.  For prices, CPI will be released on Tuesday. The FOMC meets on Tuesday and Wednesday, and...
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CoreLogic: House Prices up 11.9% Year-over-year in June

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CoreLogic: House Prices up 11.9% Year-over-year in June

Notes: This CoreLogic House Price Index report is for June. The recent Case-Shiller index release was for May. The CoreLogic HPI is a three month weighted average and is not seasonally adjusted (NSA). From CoreLogic: CoreLogic Reports June Home Prices Rise by 11.9 Percent Year Over Year Home prices nationwide, including distressed sales, increased...
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