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Posts Tagged ‘ Spending ’

Wednesday: FOMC Announcement., ISM Mfg, ADP Employment, Construction Spending, Vehicle Sales

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Wednesday: FOMC Announcement., ISM Mfg, ADP Employment, Construction Spending, Vehicle Sales

Wednesday:• At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index. • At 8:15 AM, The ADP Employment Report for July. This report is for private payrolls only (no government). The consensus is for 172,000 payroll jobs added in July, up from 177,000 added in...
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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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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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Construction Spending unchanged in May

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Construction Spending unchanged in May

Earlier today, the Census Bureau reported that overall construction spending was unchanged in May: Construction spending during May 2017 was estimated at a seasonally adjusted annual rate of ,230.1 billion, nearly the same as the revised April estimate of ,230.4 billion. The May figure is 4.5 percent above the May 2016 estimate of ,177.0...
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Tuesday: ISM Manufacturing, Construction Spending

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Tuesday: ISM Manufacturing, Construction Spending

Weekend:• Schedule for Week of Jan 1, 2017 Tuesday:• 10:00 AM ET, ISM Manufacturing Index for December. The consensus is for the ISM to be at 53.8, up from 53.2 in November. The ISM manufacturing index indicated expansion at 53.2% in November. The employment index was at 52.3%, and the new orders index was...
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Thursday: ISM Mfg, Auto sales, Unemployment claims, Construction Spending

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Thursday: ISM Mfg, Auto sales, Unemployment claims, Construction Spending

A few comments from Steven Kopits of Princeton Energy Advisors LLC: “OPEC today struck what increasingly appears to be a historic deal, with both cuts and participation well in excess of earlier expectations.  Total OPEC cuts, compared to OPEC production as recorded by secondary sources for October 2016, are forecast at 1.2 mbpd.  To...
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Construction Spending declined in August

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Construction Spending declined in August

Earlier today, the Census Bureau reported that overall construction spending declined in August: The U.S. Census Bureau of the Department of Commerce announced today that construction spending during August 2016 was estimated at a seasonally adjusted annual rate of ,142.2 billion, 0.7 percent below the revised July estimate of ,150.6 billion. The August figure...
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Energy expenditures as a percentage of consumer spending

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Energy expenditures as a percentage of consumer spending

Here is a graph of expenditures on energy goods and services as a percent of total personal consumption expenditures through December 2015. This is one of the measures that Professor Hamilton at Econbrowser looks at to evaluate any drag on GDP from energy prices. Click on graph for larger image. Data source: BEA Table...
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Construction Spending decreased 0.4% in November, Up 10.5% YoY

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Construction Spending decreased 0.4% in November, Up 10.5% YoY

The Census Bureau reported that overall construction spending decreased in November compared to October: The U.S. Census Bureau of the Department of Commerce announced today that construction spending during November 2015 was estimated at a seasonally adjusted annual rate of ,122.5 billion, 0.4 percent below the revised October estimate of ,127.0 billion. The November...
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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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