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Posts Tagged ‘ October ’

Personal Income increased 0.4% in October, Spending increased 0.3%

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Personal Income increased 0.4% in October, Spending increased 0.3%

The BEA released the Personal Income and Outlays report for October: Personal income increased .1 billion (0.4 percent) in October according to estimates released today by the Bureau of Economic Analysis. Disposable personal income (DPI) increased .1 billion (0.5 percent) and personal consumption expenditures (PCE) increased .4 billion (0.3 percent). …Real DPI increased 0.3...
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AAR: Rail Carloads decreased Slightly, Intermodal at Record Levels, in October

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AAR: Rail Carloads decreased Slightly, Intermodal at Record Levels, in October

From the Association of American Railroads (AAR) Rail Time Indicators. Graphs and excerpts reprinted with permission. If you care about total U.S. rail carloads, October 2017 was not a particularly good month — total carloads were down 0.1%, or 1,220 carloads, from October 2016. Average weekly total carloads in October 2017 (266,444) were the...
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A Few Comments on October Existing Home Sales

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A Few Comments on October Existing Home Sales

Earlier: Existing Home Sales increased in October to 5.60 million SAAR First, these October existing home sales closed escrow before the recent increase in mortgage rates (rates started increasing after the election). Also, the recent increase in mortgage rates will probably have little impact on November closed sales, since most of those sales were...
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Lawler: Early Read on Existing Home Sales in October

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Lawler: Early Read on Existing Home Sales in October

From housing economist Tom Lawler: Based on publicly-available local realtor/MLS reports from across the country 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 5.47 million in October, unchanged from September’s preliminary pace and up 3.4% from...
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October Employment Preview

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October Employment Preview

On Friday at 8:30 AM ET, the BLS will release the employment report for October. The consensus, according to Bloomberg, is for an increase of 178,000 non-farm payroll jobs in October (with a range of estimates between 155,000 to 200,000), and for the unemployment rate to decrease to 4.9%. The BLS reported 156,000 jobs...
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U.S. Light Vehicle Sales increase to 17.9 million annual rate in October

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U.S. Light Vehicle Sales increase to 17.9 million annual rate in October

Based on a preliminary estimate from WardsAuto (estimate for Ford), light vehicle sales were at a 17.9 million SAAR in October. That is down about slightly from October 2015, and up 1.3% from the 17.65 million annual sales rate last month. From Erin Sunde at WardsAuto October 2016 U.S. LV Sales Thread: Automakers Hit 17.9...
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LA area Port Traffic declined in October

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LA area Port Traffic declined in October

First, from the WSJ: Quiet U.S. Ports Spark Slowdown Fears For the first time in at least a decade, imports fell in both September and October at each of the three busiest U.S. seaports, according to data from trade researcher Zepol Corp. analyzed by The Wall Street Journal. …… The declines came during a...
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Schedule for Week of October 18th

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Schedule for Week of October 18th

The key economic reports this week are September housing starts on Tuesday, and September Existing Home Sales on Thursday. —– Monday, October 19th —–10:00 AM: The October NAHB homebuilder survey. The consensus is for a reading of 62, unchanged from September.  Any number above 50 indicates that more builders view sales conditions as good...
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Schedule for Week of October 11, 2015

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Schedule for Week of October 11, 2015

The key economic reports this week is September retail sales on Tuesday. For manufacturing, September Industrial Production will be released on Friday, and the October NY and Philly Fed manufacturing surveys will be released this week. For prices, CPI will be released on Thursday. —– Monday, October 12th —–The Bond Market and Banks will...
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New Home Sales at 458,000 Annual Rate in October

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New Home Sales at 458,000 Annual Rate in October

The Census Bureau reports New Home Sales in October were at a seasonally adjusted annual rate (SAAR) of 458 thousand. September sales were revised down from 467 thousand to 455 thousand, and August sales were revised down from 466 thousand to 453 thousand. “Sales of new single-family houses in October 2014 were at a seasonally adjusted...
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