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Posts Tagged ‘ September ’

Schedule for Week of September 2, 2018

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Schedule for Week of September 2, 2018

The key report this week is the August employment report on Friday. Other key indicators include the August ISM manufacturing and non-manufacturing indexes, August auto sales, and the July trade deficit. —– Monday, Sept 3rd —–All US markets will be closed in observance of the Labor Day holiday. —– Tuesday, Sept 4th —–8:00 AM:...
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CoreLogic: House Prices up 7.0% Year-over-year in September

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CoreLogic: House Prices up 7.0% Year-over-year in September

Notes: This CoreLogic House Price Index report is for September. The recent Case-Shiller index release was for August. The CoreLogic HPI is a three month weighted average and is not seasonally adjusted (NSA). From CoreLogic: CoreLogic US Home Price Report Reveals Nearly Half of the Nation’s Largest 50 Markets are Overvalued CoreLogic® … today...
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Vehicle Forecast: Sales Expected to Exceed 17 million SAAR in September

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Vehicle Forecast: Sales Expected to Exceed 17 million SAAR in September

The automakers will report September vehicle sales on Tuesday, October 3rd. Note: There were 26 selling days in September 2017, there were 25 in September 2016. From WardsAuto: Forecast: SAAR Expected to Surpass 17 Million in September A WardsAuto forecast calls for U.S. light-vehicle sales to reach a 17.5 million-unit seasonally adjusted annual rate...
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A few Comments on September New Home Sales

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A few Comments on September New Home Sales

New home sales for September were reported below the consensus forecast at 593,000  on a seasonally adjusted annual rate basis (SAAR). And the three previous months were all revised down significantly. However, sales were up 29.8% year-over-year in September, and this is the best month for September (NSA) since 2007. And sales are up...
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Chicago Fed “Economic Growth Picked Up in September”

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Chicago Fed “Economic Growth Picked Up in September”

From the Chicago Fed: Economic Growth Picked Up in September Led by improvements in production-related indicators, the Chicago Fed National Activity Index (CFNAI) increased to –0.14 in September from –0.72 in August. All four broad categories of indicators that make up the index increased from August, but in September, all four categories made negative...
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Leading Index for Commercial Real Estate “stumbles” in September

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Leading Index for Commercial Real Estate “stumbles” in September

Note: This index is a leading indicator for new non-residential Commercial Real Estate (CRE) investment, except manufacturing. From Dodge Data & Analytics: Dodge Momentum Index Stumbles in September The Dodge Momentum Index fell 4.3% in September to 129.0 from its revised August reading of 134.8 (2000=100). The Momentum Index is a monthly measure of...
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Preview of September Employment Report

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Preview of September Employment Report

On Friday at 8:30 AM ET, the BLS will release the employment report for September. The consensus, according to Bloomberg, is for an increase of 168,000 non-farm payroll jobs in September (with a range of estimates between 155,000 to 200,000, and for the unemployment rate to be unchanged at 4.9%. The BLS reported 151,000...
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Merrill on Fed: “See you in September”

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Merrill on Fed: “See you in September”

A few excerpts from a research piece by Michael Hanson at Merrill Lynch: See you in September Earlier this year we had expected that the Fed would shift away from risk management toward a more straight-forward data-dependent policy stance, and that the US macro data would improve enough to support a rate hike this...
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Merrill on September CPI

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Merrill on September CPI

With the Fed focused on inflation, here is an excerpt from Merrill Lynch research piece today on September CPI to be released next week: We expect headline CPI to decline for the second straight month, growing -0.3% in September after a -0.1% reading for August. Weak energy prices should more than offset a slight...
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Schedule for Week of September 27, 2015

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Schedule for Week of September 27, 2015

Special Note: If Congress shuts down the government on Wednesday, the employment report will not be released on Friday. The key report this week is the September employment report on Friday. Other key indicators include the September ISM manufacturing index and September vehicle sales, both on Thursday. There are several Federal Reserve speakers this...
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