Recent Market Metrics

Current

Existing Home Sales

fell

2.2% in Sep, to 5,380,000/yr

5,380,000

5,500,000

more details

Total existing-home sales, https://www.nar.realtor/existing-home-sales, completed transactions that include single-family homes, townhomes, condominiums and co-ops, fell 2.2% from August to a seasonally adjusted annual rate of 5.38 million in September. Despite the decline, overall sales are up 3.9% from a year ago (5.18 million in September 2018).

22-Oct-19 11:00 AM ET - National Association of Realtors

Next: 21-Nov-19

Home Sales Inventory

rose

2.5% in Sep, to 4.1 months

4.1

4.0

more details

Total housing inventory at the end of September sat at 1.83 million, approximately equal to the amount of existing-homes available for sale in August, but a 2.7% decrease from 1.88 million one year ago. Unsold inventory is at a 4.1-month supply at the current sales pace, up from 4.0 months in August and down from the 4.4-month figure recorded in September 2018.

22-Oct-19 11:00 AM ET - National Association of Realtors

Next: 21-Nov-19

30-Yr Fixed Mortgage Rate

rose

to 3.69% on Oct 17, up from 3.57% on Oct 10

3.69%

3.57%

more details

30-year fixed-rate mortgage averaged 3.69 percent with an average 0.6 point for the week ending October 17, 2019, up from last week when it averaged 3.57 percent. A year ago at this time, the 30-year FRM averaged 4.85 percent.
15-year fixed-rate mortgage averaged 3.15 percent with an average 0.5 point, up from last week when it averaged 3.05 percent. A year ago at this time, the 15-year FRM averaged 4.26 percent.
5-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 3.35 percent with an average 0.4 point, unchanged from last week. A year ago at this time, the 5-year ARM averaged 4.10 percent.

17-Oct-19 10:11 AM ET - Freddie Mac

Next: 24-Oct-19

15-Yr Fixed Mortgage Rate

rose

to 3.15% on Oct 17, up from 3.05% on Oct 10

3.15%

3.05%

more details

30-year fixed-rate mortgage averaged 3.69 percent with an average 0.6 point for the week ending October 17, 2019, up from last week when it averaged 3.57 percent. A year ago at this time, the 30-year FRM averaged 4.85 percent.
15-year fixed-rate mortgage averaged 3.15 percent with an average 0.5 point, up from last week when it averaged 3.05 percent. A year ago at this time, the 15-year FRM averaged 4.26 percent.
5-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 3.35 percent with an average 0.4 point, unchanged from last week. A year ago at this time, the 5-year ARM averaged 4.10 percent.

17-Oct-19 10:10 AM ET - Freddie Mac

Next: 24-Oct-19

5-Yr ARM

remained at

3.35% on Oct 17

3.35%

more details

30-year fixed-rate mortgage averaged 3.69 percent with an average 0.6 point for the week ending October 17, 2019, up from last week when it averaged 3.57 percent. A year ago at this time, the 30-year FRM averaged 4.85 percent.
15-year fixed-rate mortgage averaged 3.15 percent with an average 0.5 point, up from last week when it averaged 3.05 percent. A year ago at this time, the 15-year FRM averaged 4.26 percent.
5-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 3.35 percent with an average 0.4 point, unchanged from last week. A year ago at this time, the 5-year ARM averaged 4.10 percent.

17-Oct-19 10:09 AM ET - Freddie Mac

Next: 24-Oct-19

Housing Starts

fell

9.4% in Sep, to 1,256,000/yr

1,256,000

1,386,000

more details

Privately-owned housing starts in September 2019 were at a seasonally adjusted annual rate of 1,256,000. This is 9.4 percent (+/- 9.4%)* below the revised August 2019 estimate of 1,386,000.

September 2019: -9.4* % change
August 2019 (r): +15.1 % change

17-Oct-19 10:02 AM ET - USCB

Next: 19-Nov-19

Initial Unemployment Claims

rose

1.9% for the week ending Oct 12, to 214,000

214,000

210,000

more details

In the week ending October 12, the advance figure for seasonally adjusted initial claims was 214,000, an increase of 4,000 from the previous week's unrevised level of 210,000. The 4-week moving average was 214,750, an increase of 1,000 from the previous week's unrevised average of 213,750.

17-Oct-19 8:47 AM ET - US Dept of Labor

Next: 24-Oct-19

Mortgage Application Volume

rose

0.5% for the week ending Oct 11

0.5%

5.2%

more details

WASHINGTON, D.C. (October 16, 2019) - Mortgage applications increased 0.5 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending October 11, 2019.

The Market Composite Index, a measure of mortgage loan application volume, increased 0.5 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index increased 1 percent compared with the previous week. The Refinance Index increased 4 percent from the previous week and was 199 percent higher than the same week one year ago. The seasonally adjusted Purchase Index decreased 4 percent from one week earlier. The unadjusted Purchase Index decreased 4 percent compared with the previous week and was 12 percent higher than the same week one year ago.

"The ongoing interest rate volatility is impacting a borrowers' ability to lock in the lowest rate possible. Despite a slight rise in mortgage rates last week, refinance applications increased 4 percent and were 199 percent higher than a year ago," said Jl Kan, Associate Vice President of Economic and Industry Forecasting. "Purchase applications slowed for the second week in a row. While near term economic uncertainty is still a factor, other fundamental issues, such as a lack of housing inventory in many markets, is preventing purchase activity from meaningfully rising. However, purchase applications were still much higher than a year ago. This is a reminder that the purchase environment in 2019 continues to be stronger than in 2018."

The refinance share of mortgage activity increased to 62.2 percent of total applications from 60.4 percent the previous week. The adjustable-rate mortgage (ARM) share of activity increased to 5.5 percent of total applications.

The FHA share of total applications increased to 11.3 percent from 10.3 percent the week prior. The VA share of total applications increased to 12.9 percent from 12.3 percent the week prior. The USDA share of total applications decreased to 0.4 percent from 0.5 percent the week prior.

The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($484,350 or less) increased to 3.92 percent from 3.90 percent, with points decreasing to 0.35 from 0.37 (including the origination fee) for 80 percent loan-to-value ratio (LTV) loans. The effective rate increased from last week.

The average contract interest rate for 30-year fixed-rate mortgages with jumbo loan balances (greater than $484,350) remained unchanged at 3.90 percent, with points decreasing to 0.23 from 0.28 (including the origination fee) for 80 percent LTV loans. The effective rate decreased from last week.

The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA increased to 3.77
percent from 3.75 percent, with points decreasing to 0.19 from 0.29 (including the origination fee) for 80 percent LTV loans. The effective rate decreased from last week.

The average contract interest rate for 15-year fixed-rate mortgages decreased to 3.32 percent from 3.35 percent, with points increasing to 0.31 from 0.30 (including the origination fee) for 80 percent LTV loans. The effective rate decreased from last week.

The average contract interest rate for 5/1 ARMs increased to 3.37 percent from 3.25 percent, with points decreasing to 0.23 from 0.34 (including the origination fee) for 80 percent LTV loans. The effective rate increased from last week.

If you would like to purchase a subscription of MBA's Weekly Applications Survey, please visit www.mba.org/WeeklyApps, contact mbaresearch@mba.org or click here.

The survey covers over 75 percent of all U.S. retail residential mortgage applications, and has been conducted weekly since 1990. Respondents include mortgage bankers, commercial banks and thrifts. Base period and value for all indexes is March 16, 1990=100.

16-Oct-19 9:22 AM ET - MBA

Next: 23-Oct-19

Canada Inflation

fell

to 1.8% in Sep, down from 1.9% in Aug & the lowest in 6 mos

1.8%

1.9%

more details

The Consumer Price Index (CPI) rose 1.9% on a year-over-year basis in September, matching the increase in August. Excluding gasoline, the CPI rose 2.4% for the third consecutive month.

On a seasonally adjusted monthly basis, the CPI edged down 0.1% in September, matching the decline in August.

16-Oct-19 9:20 AM ET - Statistics Canada

Next: 20-Nov-19

US Retail Sales

fell

0.3% in Sep, to $525.6 Billion

-0.3%

0.4%

more details

U.S. retail and food services sales for September 2019 were $525.6 billion, a decrease of 0.3 percent (+/-0.5%)* from the previous month.

September 2019: -0.3* % change
August 2019 (r): +0.6 % change

16-Oct-19 9:14 AM ET - USCB

Next: 15-Nov-19

EU Inflation (HICP)

fell

to 0.8% in Sep, down from 1.0% in Aug & the lowest since Nov 2016

0.8%

1.0%

more details

The Harmonised Index of Consumer Prices (HICP) is an indicator of inflation and price stability for the European Central Bank (ECB).

16-Oct-19 7:36 AM ET - Eurostat

Next: 15-Nov-19

UK Producer/Wholesale Price Inflation

fell

to 1.2% in Sep, down from 1.6% in Aug & the lowest since Sep 2016

1.2%

1.6%

more details

The headline rate of output inflation for goods leaving the factory gate was 1.2% on the year to September 2019, down from 1.7% in August 2019.
The growth rate of prices for materials and fuels used in the manufacturing process was negative 2.8% on the year to September 2019, down from negative 0.9% in August 2019.
Clothing, textiles and leather products provided the largest upward contribution to the annual rate of output inflation.
Crude oil provided the largest downward contribution to the annual rate of input inflation.

16-Oct-19 7:35 AM ET - UK Office of National Statistics

Next: 13-Nov-19

UK Inflation

remained at

1.7% in Sep

1.7%

more details

The Consumer Prices Index including owner occupiers housing costs (CPIH) 12-month inflation rate was 1.7% in September 2019, unchanged from August 2019.
The largest downward contributions to change in the CPIH 12-month inflation rate, between August and September 2019, came from motor fuels, second-hand cars, and electricity, gas and other fuels.
These downward movements were offset by upward movements from furniture, household appliances, hotel overnight stays, and from recreation and culture items.
The Consumer Prices Index (CPI) 12-month inflation rate was 1.7% in September 2019, unchanged from August 2019.

16-Oct-19 7:35 AM ET - UK Office of National Statistics

Next: 13-Nov-19

UK Unemployment Rate

rose

to 3.9% in Aug, up from 3.8% in Jul

3.9%

3.8%

more details

The UK employment rate was estimated at 75.9%, higher than a year earlier (75.6%) but 0.2 percentage points lower than the previous quarter.

The UK unemployment rate was estimated at 3.9%, this is lower than a year earlier (4.0%) but 0.1 percentage points higher than the previous quarter.

The UK economic inactivity rate was estimated at 21.0%, this is lower than a year earlier (21.2%) but 0.1 percentage points higher on the previous quarter.

15-Oct-19 7:23 AM ET - UK Office of National Statistics

Next: 12-Nov-19

Canada Unemployment Rate

fell

to 5.5% in Sep, down from 5.7% in Aug

5.5%

5.7%

more details

The Canadian unemployment rate is reported monthly by Statistics Canada.

11-Oct-19 8:56 AM ET - Statistics Canada

Next: 08-Nov-19

Overall US Inflation

remained flat

in Sep, the largest drop in 8 mos

0.0%

0.1%

more details

The Consumer Price Index (CPI) is a measure of the average change in prices over time of goods and services purchased by households. The Bureau of Labor Statistics publishes CPIs for two population groups:

(1) the CPI for Urban Wage Earners and Clerical Workers (CPI-W),which covers households of wage earners and clerical workers that comprise approximately 29 percent of the total population and

10-Oct-19 8:35 AM ET - U.S. Bureau of Labor Statistics

Next: 13-Nov-19

Core US Inflation

rose

0.1% in Sep

0.1%

0.3%

more details

(1) the CPI for Urban Wage Earners and Clerical Workers (CPI-W),which covers households of wage earners and clerical workers that comprise approximately 29 percent of the total population and

10-Oct-19 8:35 AM ET - U.S. Bureau of Labor Statistics

Next: 13-Nov-19

UK GDP

grew

0.3% in the 3 months to Aug

0.3%

0.0%

more details

The UK Office for National Statistics publishes Preliminary Estimates of GDP approximately one month after the end of a given quarter, followed by Second Estimates a month later and the Final Estimates a month after that.

10-Oct-19 7:44 AM ET - UK Office of National Statistics

Next: 11-Nov-19

US Producer/Wholesale Price Index

fell

0.3% in Sep, the largest drop since Jul 2016

-0.3%

0.1%

more details

The Producer Price Index (PPI) of the Bureau of Labor Statistics (BLS) is a family of indexes that measure the average change over time in the prices received by domestic producers of goods and services. PPIs measure price change from the perspective of the seller. This contrasts with other measures, such as the Consumer Price Index (CPI). CPIs measure price change from the purchaser's perspective. Sellers' and purchasers' prices can differ due to government subsidies, sales and excise taxes, and distribution costs.

08-Oct-19 8:34 AM ET - U.S. Bureau of Labor Statistics

Next: 14-Nov-19

US Unemployment Rate

fell

to 3.5% in Sep, down from 3.7% in Aug

3.5%

3.7%

more details

The unemployment rate declined to 3.5 percent in September, and total nonfarm payroll employment rose by 136,000, the U.S. Bureau of Labor Statistics reported today. Employment in health care and in professional and business services continued to trend up.

This news release presents statistics from two monthly surveys. The household survey measures labor force status, including unemployment, by demographic characteristics. The establishment survey measures nonfarm employment, hours, and earnings by industry. For more information about the concepts and statistical methodology used in these two surveys, see the Technical Note.

Household Survey Data

In September, the unemployment rate declined by 0.2 percentage point to 3.5 percent. The last time the rate was this low was in December 1969, when it also was 3.5 percent.Over the month, the number of unemployed persons decreased by 275,000 to 5.8 million. (See table A-1.)

04-Oct-19 8:32 AM ET - U.S. Bureau of Labor Statistics

Next: 01-Nov-19

US NonFarm Payroll

rose

136,000 in Sep

136,000

168,000

more details

04-Oct-19 8:32 AM ET - U.S. Bureau of Labor Statistics

Next: 01-Nov-19

Capital Goods Core Capex

fell

0.4% in Aug, revised from -0.2%

-0.4%

0.0%

more details

Advance Report:
Data Inquiries Media Inquiries Economic Indicators Division, Shipments, Inventories, and Orders Branch (M3) Public Information Office 301-763-4832 301-763-3030 eid.m3.qs@census.gov pio@census.gov FOR RELEASE AT 8:30 AM EDT, FRIDAY, SEPTEMBER 27, 2019 MONTHLY ADVANCE REPORT ON MANUFACTURERS' SHIPMENTS, INVENTORIES AND ORDERS AUGUST 2019 Release Number: CB 19-146 M3-1 (19)-08 September 27, 2019 The U.S. Census Bureau announces the August advance report on manufacturers' shipments, inventories and orders: New Orders New orders for manufactured durable goods in August increased $0.5 billion or 0.2 percent to $250.7 billion, the U.S. Census Bureau announced today. This increase, up three consecutive months, followed a 2.0 percent July increase. Excluding transportation, new orders increased 0.5 percent. Excluding defense, new orders decreased 0.6 percent. Fabricated metal products, up four of the last five months, led the increase, $0.4 billion or 1.3 percent to $34.4 billion. Shipments Shipments of manufactured durable goods in August, up three of the last four months, increased $0.3 billion or 0.1 percent to $254.2 billion. This followed a 1.2 percent July decrease. Machinery, up four of the last five months, drove the increase, $0.5 billion or 1.6 percent to $33.4 billion. DURABLE GOODS NEW ORDERS AUGUST 2019 $250.7 billion +0.2%° JULY 2019 (revised) $250.2 billion +2.0%° Next release: October 24, 2019 Data adjusted for seasonal variation but not for price changes. °Statistical significance is not measurable for this survey. The Manufacturers' Shipments, Inventories, and Orders estimates are not based on a probability sample, so the sampling error of these estimates cannot be measured nor can the confidence intervals be computed. Source: U.S. Census Bureau, Manufacturers' Shipments, Inventories and Orders, September 27, 2019. Sep-18 Oct-18 Nov-18 Dec-18 Jan-19 Feb-19 Mar-19 Apr-19 May-19 Jun-19 Jul-19 Aug-19 % Change 1.5% -4.4% 0.6% 1.1% 0.5% -2.6% 1.7% -2.8% -2.3% 1.8% 2.0% 0.2%-8.0%-7.0%-6.0%-5.0%-4.0%-3.0%-2.0%-1.0%0.0%1.0%2.0%3.0%4.0%5.0%6.0%7.0%8.0% DURABLE GOODS NEW ORDERS 2018-2019Seasonally Adjusted, Month-To-Month Percentage Change Source: U.S. Census Bureau, Manufacturers' Shipments, Inventories, and Orders, September 27, 2019.

03-Oct-19 10:05 AM ET - USCB

Next: 24-Oct-19

Durable Goods Total New Orders

rose

0.2% in Aug, unrevised from previous estimate

0.2%

2.0%

more details

03-Oct-19 10:05 AM ET - USCB

Next: 24-Oct-19

ADP NonFarm Payroll

rose

135,000 in Sep

135,000

157,000

more details

Broadly distributed to the public each month, free of charge, the ADP National Employment Report is produced by the ADP Research Institute in collaboration with Moody's Analytics. The report, which is derived from ADP's actual payroll data, measures the change in total nonfarm private employment each month on a seasonally-adjusted basis.

02-Oct-19 8:21 AM ET - ADP

Next: 30-Oct-19

ISM Manufacturing Index

fell

to 47.8% in Sep, down from 49.1% in Aug & the lowest level since Jul 2009

47.8%

49.1%

more details

(Tempe, Arizona) — Economic activity in the manufacturing sector contracted in September, and the overall economy grew for the 125th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM^® Report On Business^®.

The report was issued today by Timothy R. Fiore, CPSM, C.P.M., Chair of the Institute for Supply Management^® (ISM^®) Manufacturing Business Survey Committee: “The September PMI^® registered 47.8 percent, a decrease of 1.3 percentage points from the August reading of 49.1 percent. The New Orders Index registered 47.3 percent, an increase of 0.1 percentage point from the August reading of 47.2 percent. The Production Index registered 47.3 percent, a 2.2-percentage point decrease compared to the August reading of 49.5 percent. The Employment Index registered 46.3 percent, a decrease of 1.1 percentage points from the August reading of 47.4 percent. The Supplier Deliveries Index registered 51.1 percent, a 0.3-percentage point decrease from the August reading of 51.4 percent. The Inventories Index registered 46.9 percent, a decrease of 3 percentage points from the August reading of 49.9 percent. The Prices Index registered 49.7 percent, a 3.7-percentage point increase from the August reading of 46 percent. The New Export Orders Index registered 41 percent, a 2.3-percentage point decrease from the August reading of 43.3 percent. The Imports Index registered 48.1 percent, a 2.1-percentage point increase from the August reading of 46 percent.

“Comments from the panel reflect a continuing decrease in business confidence. September was the second consecutive month of PMI^® contraction, at a faster rate compared to August. Demand contracted, with the New Orders Index contracting at August levels, the Customers’ Inventories Index moving toward ‘about right’ territory and the Backlog of Orders Index contracting for the fifth straight month (and at a faster rate). The New Export Orders Index continued to contract strongly, a negative impact on the New Orders Index. Consumption (measured by the Production and Employment indexes) contracted at faster rates, again primarily driven by a lack of demand, contributing negative numbers (a combined 3.3-percentage point decrease) to the PMI^® calculation. Inputs — expressed as supplier deliveries, inventories and imports — were again lower in September, due to inventory tightening for the fourth straight month. This resulted in a combined 3.3-percentage point decline in the Supplier Deliveries and Inventories indexes. Imports contraction slowed. Overall, inputs indicate (1) supply chains are meeting demand and (2) companies are continuing to closely match inventories to new orders. Prices decreased for the fourth consecutive month, but at a slower rate.

“Global trade remains the most significant issue, as demonstrated by the contraction in new export orders that began in July 2019. Overall, sentiment this month remains cautious regarding near-term growth,” says Fiore.

Of the 18 manufacturing industries, three reported growth in September: Miscellaneous Manufacturing; Food, Beverage & Tobacco Products; and Chemical Products. The 15 industries reporting contraction in September — in the following order — are: Apparel, Leather & Allied Products; Printing & Related Support Activities; Wood Products; Electrical Equipment, Appliances & Components; Textile Mills; Paper Products; Fabricated Metal Products; Plastics & Rubber Products; Petroleum & Coal Products; Primary Metals; Transportation Equipment; Nonmetallic Mineral Products; Machinery; Furniture & Related Products; and Computer & Electronic Products.

01-Oct-19 10:10 AM ET - Institute of Supply Management

Next: 01-Nov-19

US Construction Spending

rose

0.1% in Aug, to $1287.3 Billion/yr

0.1%

-2.7%

more details

The Value of Construction Put in Place Survey provides monthly estimates of the total dollar value of construction work done in the U.S. The United States Code, Title 13, authorizes this program. The survey covers construction work done each month on new structures or improvements to existing structures for private and public sectors. Data estimates include the cost of labor and materials, cost of architectural and engineering work, overhead costs, interest and taxes paid during construction, and contractor's profits. Data collection and estimation activities begin on the first day after the reference month and continue for about three weeks. Reported data and estimates are for activity taking place during the previous calendar month. The survey has been conducted monthly since 1964.

01-Oct-19 10:05 AM ET - USCB

Next: 01-Nov-19

Canada GDP

grew

at an annualized rate of 1.3% in Jul

1.3%

1.5%

more details

Canadian GDP is reported monthly by Statistics Canada. The annual growth rate is the percentage change of current-month GDP at basic prices from the same month one year ago.

01-Oct-19 8:50 AM ET - Statistics Canada

Next: 31-Oct-19

EU Unemployment Rate

fell

to 7.4% in Aug, down from 7.5% in Jul & the lowest since Jul 2008

7.4%

7.5%

more details

The euro area (EA17) unemployment rate is published at the end of each month by Eurostat, the statistical office of the European Union. It is a seasonally-adjusted rate.

30-Sep-19 10:51 AM ET - Eurostat

Next: 31-Oct-19

US Consumer Confidence

rose

to 93.2 in Sep, up from 89.8 in Aug

93.2

89.8

more details

Final:
U.S. consumers are getting increasingly anxious about the trade war with China despite a recent thaw in the tensions ahead of the trade talks next month.

The University of Michigan's Surveys of Consumers showed in September that a near-record number of consumers cited trade policies as a negative factor weighing on the economy.

Trade policies have had the greatest negative impact on consumers, with a near record one-third of all consumers negatively mentioning trade policies in September when asked to explain in their own words the factors underlying their economic expectations, Richard Curtin, chief economist of the Surveys of Consumers, said in a statement.

27-Sep-19 2:46 PM ET - Thompson Reuters U. Michigan

Next: 25-Oct-19

US Consumer Spending (PCE)

was flat

in Aug, the largest drop in 7 mos

0.0%

0.2%

more details

The US Bureau of Economic Analysis publishes seasonally adjusted data for Personal Consumption Expenditures monthly. A healthy Personal Spending figure means that consumers are buying goods and services, fueling the economy and spurring output growth. The report is particularly valued for forecasting inflationary pressures. Taken in excess these high levels of consumption and production may lead to an overall increase in prices. Indeed, the Fed uses a measure of inflation derived from the PCE as their primary gauge of inflation.

27-Sep-19 8:42 AM ET - U.S. Bureau of Economic Analysis

Next: 31-Oct-19

US Personal Income

rose

0.4% in Aug

0.4%

0.1%

more details

The US Bureau of Economic Analysis publishes seasonally adjusted data for Personal Income monthly.

27-Sep-19 8:42 AM ET - U.S. Bureau of Economic Analysis

Next: 31-Oct-19

US Personal Savings was 8.1% in Aug, up from 7.8% in Jul

8.1%

7.8%

more details

The US Bureau of Economic Analysis publishes seasonally adjusted data for Personal Saving monthly.

27-Sep-19 8:42 AM ET - U.S. Bureau of Economic Analysis

Next: 31-Oct-19

US Core Consumer Spending PCE

rose

0.1% in Aug

0.1%

0.2%

more details

27-Sep-19 8:42 AM ET - U.S. Bureau of Economic Analysis

Next: 31-Oct-19

US Disposable Income

rose

0.5% in Aug, the most in 6 mos

0.5%

0.3%

more details

The US Bureau of Economic Analysis publishes seasonally adjusted data for Disposable Personal Income monthly.

27-Sep-19 8:42 AM ET - U.S. Bureau of Economic Analysis

Next: 31-Oct-19

US Corporate Profits

rose

0.3% in Q2 (vs. Q2 2018), revised from 1.7%, to $1.86 Trillion/yr

0.3%

3.3%

more details

Revised Estimate:
Profits from current production (corporate profits with inventory valuation and capital consumption adjustments) increased $75.8 billion in the second quarter, in contrast to a decrease of $78.7 billion in the first quarter (table 10).

Profits of domestic financial corporations increased $2.5 billion in the second quarter, compared with an increase of $22.2 billion in the first quarter. Profits of domestic nonfinancial corporations increased $34.7 billion, in contrast to a decrease of $108.2 billion. Rest-of-the-world profits increased $38.7 billion, compared with an increase of $7.3 billion. In the second quarter, receipts increased $25.3 billion, and payments decreased $13.4 billion.

26-Sep-19 8:37 AM ET - U.S. Bureau of Economic Analysis

Next: 27-Nov-19

US Real GDP

grew

at an annualized rate of 2.0% in Q2, unrevised from previous estimate, the least since Mar 2017

2.0%

3.1%

more details

Third Estimate:
Real gross domestic product (GDP) increased at an annual rate of 2.0 percent in the second quarter of 2019 (table 1), according to the "third" estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP increased 3.1 percent.

The GDP estimate released today is based on more complete source data than were available for the "second" estimate issued last month. In the second estimate, the increase in real GDP was also 2.0 percent. Downward revisions to personal consumption expenditures (PCE) and nonresidential fixed investment were primarily offset by upward revisions to state and local government spending and exports. Imports, which are a subtraction in the calculation of GDP, were revised down (see "Updates to GDP" on page 2).

26-Sep-19 8:34 AM ET - U.S. Bureau of Economic Analysis

Next: 30-Oct-19

New Home Sales

rose

7.1% in Aug, to 713,000/yr

713,000

666,000

more details

Data Inquiries Media Inquiries Economic Indicators Division, Residential Construction Branch ublic Information Office 301-763-5160 301-763-3030 eid.rcb.customer.service@census.gov pio@census.gov FOR RELEASE AT 10:00 AM EDT, WEDNESDAY, SEPTEMBER 25, 2019 MONTHLY NEW RESIDENTIAL SALES, AUGUST 2019 Release Number: CB19-142 September 25, 2019 - The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced the following new residential sales statistics for August 2019: NEW RESIDENTIAL SALES AUGUST 2019 New Houses Sold 1 : New Houses For Sale 2 : Median Sales Price: Next Release: October 24, 2019 1 Seasonally Adjusted Annual Rates 2 Seasonally Adjusted Source: U.S. Census Bureau, HUD, September 25, 2019 New Home Sales Sales of new single-family houses in August 2019 were at a seasonally adjusted annual rate of 713,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 7.1 percent (±20.3 percent)* above the revised July rate of 666,000 and is 18.0 percent (±19.9 percent)* above the August 2018 estimate of 604,000. Sales Price The median sales price of new houses sold in August 2019 was $328,400. The average sales price was $404,200. For Sale Inventory and Months' Supply The seasonally-adjusted estimate of new houses for sale at the end of August was 326,000. This represents a supply of 5.5 months at the current sales rate. The September report is scheduled for release on October 24, 2019. View the full schedule in the Economic Briefing Room: . The full text and tables for this release can be found at . 0200400600800Aug-14Aug-16Aug-18 Thousands of Units New Residential Sales (Seasonally Adjusted Annual Rate) Houses Sold Source: U.S. Census Bureau, HUD, September 25, 2019

25-Sep-19 10:16 AM ET - USCB

Next: 24-Oct-19

Case-Shiller 20-City Home Price Index

rose

2.0% in Jul vs. previous year, to 218.00

2.0%

2.1%

more details

The S&P/Case-Shiller Home Price Indices are the leading measures for the US residential housing market, tracking changes in the value of residential real estate both nationally as well as in 20 metropolitan regions.

24-Sep-19 9:47 AM ET - Standard & Poor's

Next: 29-Oct-19

EU GDP

grew

at an annualized rate of 2.8% in Q2

2.8%

more details

European Union gross domestic product (GDP) is published by the Europan Central Bank at market prices. It is a measure of the economic activity, defined as the value of all goods and services produced less the value of any goods or services used in their creation. The calculation of the annual growth rate of GDP volume is intended to allow comparisons of the dynamics of economic development both over time and between economies of different sizes.

17-Sep-19 6:19 AM ET - ECB

Next: 31-Oct-19

US Treasury reported a

deficit

of $200 Billion in Aug

-$200

-$120

more details

The US Treasury publishes the Monthly Treasury Statement (MTS) at 2:00 PM on the 8th business day of each month.

The MTS summarizes the financial activities of the federal government and off-budget federal entities in accordance with the Budget of the U.S. Government, inlcuding:

Receipts and outlays
Surplus or deficit
Means of financing on a modified cash basis

Data provided by federal entities, disbursing officers, and Federal Reserve Banks.

12-Sep-19 2:03 PM ET - US Department of the Treasury

Next: 10-Oct-19

US Productivity

increased

at an annualized rate of 2.3% in Q2, unrevised from previous estimate

2.3%

3.4%

more details

Revised:
Second Quarter 2019, Revised

Nonfarm business sector labor productivity increased 2.3 percent in the second quarter of 2019, the U.S. Bureau of Labor Statistics reported today, as output increased 1.9 percent and hours worked decreased 0.4 percent. (All quarterly percent changes in this release are seasonally adjusted annual rates.) From the second quarter of 2018 to the second quarter of 2019, productivity increased 1.8 percent, reflecting a 2.6-percent increase in output and a 0.9-percent increase in hours worked. The four-quarter increase in hours is the lowest estimate since the second quarter of 2010 (-0.3 percent). (See table A1.)

05-Sep-19 8:34 AM ET - U.S. Bureau of Labor Statistics

Next: 06-Nov-19

1-Yr ARM

remained at

2.68% on Dec 31

2.68%

more details

Mortgage Rates Top Four Percent

MCLEAN, VA--(Marketwired - Dec 31, 2015) - Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS^®), showing fixed mortgage rates moving higher with the 30-year fixed-rate mortgage breaking above four percent for the first time in five months.

News Facts

30-year fixed-rate mortgage (FRM) averaged 4.01 percent with an average 0.6 point for the week ending December 31, 2015, up from last week when it averaged 3.96 percent. A year ago at this time, the 30-year FRM averaged 3.87 percent.
15-year FRM this week averaged 3.24 percent with an average 0.6 point, up from 3.22 percent last week. A year ago at this time, the 15-year FRM averaged 3.15 percent.
5-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 3.08 percent this week with an average 0.4 point, up from last week when it averaged 3.06 percent. A year ago, the 5-year ARM averaged 3.01 percent.
1-year Treasury-indexed ARM averaged 2.68 percent this week with an average 0.2 point, unchanged from last week. At this time last year, the 1-year ARM averaged 2.40 percent.

Average commitment rates should be reported along with average fees and points to reflect the total upfront cost of obtaining the mortgage. Visit the following links for the Regional and National Mortgage Rate Details and Definitions. Borrowers may still pay closing costs which are not included in the survey.

As of January 1, 2016, the PMMS will no longer provide results for the 1-year ARM. Additionally, the regional breakouts will not be provided for the 30-year and 15-year fixed rate mortgages, and the 5/1 Hybrid ARM.

Quote
Attributed to Sean Becketti, chief economist, Freddie Mac.

"In the final week of 2015, Treasury yields jumped reacting in part to strong consumer confidence in December. In response, the 30-year mortgage rate rose 5 basis points to 4.01 percent, ending a 5-month span below 4 percent. After averaging 3.9 percent in the fourth quarter of 2015, we expect the 30-year mortgage rate to average 4.7 percent for the fourth quarter of 2016."

Freddie Mac was established by Congress in 1970 to provide liquidity, stability and affordability to the nation's residential mortgage markets. Freddie Mac supports communities across the nation by providing mortgage capital to lenders. Today Freddie Mac is making home possible for one in four home borrowers and is one of the largest sources of financing for multifamily housing. Additional information is available at FreddieMac.com, Twitter @FreddieMac and Freddie Mac's blog FreddieMac.com/blog.

31-Dec-15 10:48 AM ET - Freddie Mac

Next: 07-Jan-16