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Posts Tagged ‘ Sales ’

U.S. Light Vehicle Sales decrease to 16.9 million annual rate in May

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U.S. Light Vehicle Sales decrease to 16.9 million annual rate in May

Based on a preliminary estimate from AutoData, light vehicle sales were at a 16.9 million SAAR in May. That is up 1% year-over-year from April 2017, and down 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...
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Monday: Existing Home Sales

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Monday: Existing Home Sales

Weekend:• Schedule for Week of Apr 22, 2018 Monday:• At 8:30 AM ET, Chicago Fed National Activity Index for March. This is a composite index of other data. • At 10:00 AM, Existing Home Sales for March from the National Association of Realtors (NAR). The consensus is for 5.28 million SAAR, down from 5.54...
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Friday: New Home Sales, Durable Goods

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Friday: New Home Sales, Durable Goods

Friday:• At 8:30 AM ET, Durable Goods Orders for February from the Census Bureau. The consensus is for a 0.1.72% increase in durable goods orders. • At 10:00 AM, New Home Sales for February from the Census Bureau. The consensus is for 626 thousand SAAR, up from 593 thousand in January. • Also at...
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Wednesday: FOMC Announcement, Existing Home Sales

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Wednesday: FOMC Announcement, Existing Home Sales

Here is my FOMC preview and a preview from Goldman Sachs economists. Wednesday:• At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index. • At 10:00 AM, Existing Home Sales for February from the National Association of Realtors (NAR). The consensus is for 5.42 million...
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Wednesday: GDP, Pending Home Sales, Chicago PMI

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Wednesday: GDP, Pending Home Sales, Chicago PMI

Wednesday:• At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index. • At 8:30 AM, Gross Domestic Product, 4th quarter 2017 (Second estimate). The consensus is that real GDP increased 2.5% annualized in Q4, down from the advance estimate of 2.6%. • 9:45 AM: Chicago...
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Monday: New Home Sales

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Monday: New Home Sales

Weekend:• Schedule for Week of Feb 25, 2018 Monday:• 8:30 AM ET, Chicago Fed National Activity Index for January. This is a composite index of other data. • 10:00 AM, New Home Sales for January from the Census Bureau. The consensus is for 600 thousand SAAR, down from 625 thousand in December. • 10:30...
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Thursday: Unemployment Claims, ISM Mfg Index, Construction Spending, Vehicle Sales

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Thursday: Unemployment Claims, ISM Mfg Index, Construction Spending, Vehicle Sales

Thursday:• At 8:30 AM ET, The initial weekly unemployment claims report will be released.  The consensus is for 235 thousand initial claims, up from 233 thousand the previous week. • At 10:00 AM, ISM Manufacturing Index for January. The consensus is for the ISM to decrease to 58.7.  The PMI was at 59.7% in...
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A few Comments on December New Home Sales

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A few Comments on December New Home Sales

New home sales for December were reported at 625,000 on a seasonally adjusted annual rate basis (SAAR). This was well below the consensus forecast, and the three previous months were revised down significantly. On an annual basis, sales were up 8.3% in 2017 compared to 2016.  This was a solid year-over-year gain. Here is...
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Tuesday: Vehicle Sales

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Tuesday: Vehicle Sales

From Matthew Graham at Mortgage News Daily: Mortgage Rates Mixed, but Higher on Average Mortgage rates were lower today for a few lenders, but higher for most others, dragging the average 0.01% higher in terms of effective rates.  Note rates (which don’t factor in the upfront costs associated with a loan quote), on the other hand,...
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Wednesday: Durable Goods, Pending Home Sales

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Wednesday: Durable Goods, Pending Home Sales

Wednesday:• At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index. • At 8:30 AM, Durable Goods Orders for August from the Census Bureau. The consensus is for a 1.5% increase in durable goods orders. • At 10:00 AM, Pending Home Sales Index for August. The...
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