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Posts Tagged ‘ October ’

Personal Income increased Slightly in October, Spending increased 0.3%, Core PCE increase 0.1%

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Personal Income increased Slightly in October, Spending increased 0.3%, Core PCE increase 0.1%

The BEA released the Personal Income and Outlays report for October: Personal income increased .3 billion (less than 0.1 percent) in October according to estimates released today by the Bureau of Economic Analysis. Disposable personal income (DPI) decreased .6 billion (-0.1 percent) and personal consumption expenditures (PCE) increased .7 billion (0.3 percent). Real DPI...
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AAR: October Rail Carloads down 8.4% YoY, Intermodal Down 7.8% YoY

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AAR: October Rail Carloads down 8.4% YoY, Intermodal Down 7.8% YoY

From the Association of American Railroads (AAR) Rail Time Indicators. Graphs and excerpts reprinted with permission. A combination of a weak domestic manufacturing sector, feeble economic growth abroad that’s limiting exports, continued trade spats that are disrupting global supply chains, and general economic uncertainty are creating strong headwinds for U.S. rail volumes. In October...
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Schedule for Week of October 27, 2019

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Schedule for Week of October 27, 2019

The key report this week is the October employment report on Friday. Other key indicators include the October ISM manufacturing index, Personal Income and Outlays for September, and Case-Shiller house prices for August. For manufacturing, the Dallas Fed manufacturing survey will be released this week. The FOMC meets this week and is expected to...
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Schedule for Week of October 13, 2019

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Schedule for Week of October 13, 2019

The key economic reports this week are September Housing Starts and Retail Sales. For manufacturing, September Industrial Production, and the October New York and Philly Fed surveys, will be released this week. —– Monday, Oct 14th —–Columbus Day Holiday: Banks will be closed in observance of Columbus Day. The stock market will be open....
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Schedule for Week of October 6, 2019

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Schedule for Week of October 6, 2019

The key report this week is the September CPI on Thursday. Fed Chair Jerome Powell speaks on data dependence on Tuesday. —– Monday, Oct 7th —–3:00 PM: Consumer Credit from the Federal Reserve. —– Tuesday, Oct 8th —–6:00 AM: NFIB Small Business Optimism Index for September. 8:30 AM: The Producer Price Index for September...
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BLS: Job Openings increase to 7.1 Million in October

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BLS: Job Openings increase to 7.1 Million in October

Notes: In October there were 7.0709 million job openings, and, according to the October Employment report, there were 6.075 million unemployed. So, for the seventh consecutive month, there were more job openings than people unemployed. Also note that the number of job openings has exceeded the number of hires since January 2015 (almost 4...
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Freddie Mac: Mortgage Serious Delinquency Rate Decreased in October

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Freddie Mac: Mortgage Serious Delinquency Rate Decreased in October

Freddie Mac reported that the Single-Family serious delinquency rate in October was 0.71%, down from 0.73% in September. Freddie’s rate is down from 0.86% in October 2017. Freddie’s serious delinquency rate peaked in February 2010 at 4.20%. This is the lowest serious delinquency rate for Freddie Mac since January 2008. These are mortgage loans...
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Philly Fed: State Coincident Indexes increased in 42 states in October

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Philly Fed: State Coincident Indexes increased in 42 states in October

From the Philly Fed: The Federal Reserve Bank of Philadelphia has released the coincident indexes for the 50 states for October 2018. Over the past three months, the indexes increased in 43 states, decreased in four states, and remained stable in three, for a three-month diffusion index of 78. In the past month, the...
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California Bay Area Home Sales Decline 8% YoY in October, Inventory up 21% YoY

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California Bay Area Home Sales Decline 8% YoY in October, Inventory up 21% YoY

Here are some Bay Area stats from Pacific Union chief economist Selma Hepp: • Bay Area home sales dipped by 8 percent year over year in October; however, the 19 percent increase from September was the highest monthly increase between September and October going back to 1990. • Santa Clara County and East Bay...
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Small Business Optimism Index decreased in October

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Small Business Optimism Index decreased in October

CR Note: Most of this survey is noise, but there is some information, especially on the labor market and the “Single Most Important Problem”. From the National Federation of Independent Business (NFIB): October 2018 Report: Small Business Optimism Index The Optimism Index shed a modest 0.5 points, with slight declines in five components, no...
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