Recent Market Metrics

Current

30-Yr Fixed Mortgage Rate

remained at

3.33% on Apr 9

3.33%

more details

30-year fixed-rate mortgage averaged 3.33 percent with an average 0.7 point for the week ending April 9, 2020, unchanged from last week. A year ago at this time, the 30-year FRM averaged 4.12 percent.
15-year fixed-rate mortgage averaged 2.77 percent with an average 0.6 point, down from last week when it averaged 2.82 percent. A year ago at this time, the 15-year FRM averaged 3.60 percent.
5-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 3.40 percent with an average 0.3 point, unchanged from last week. A year ago at this time, the 5-year ARM averaged 3.80 percent.

09-Apr-20 10:03 AM ET - Freddie Mac

Next: 16-Apr-20

15-Yr Fixed Mortgage Rate

fell

to 2.77% on Apr 9, down from 2.82% on Apr 2

2.77%

2.82%

more details

30-year fixed-rate mortgage averaged 3.33 percent with an average 0.7 point for the week ending April 9, 2020, unchanged from last week. A year ago at this time, the 30-year FRM averaged 4.12 percent.
15-year fixed-rate mortgage averaged 2.77 percent with an average 0.6 point, down from last week when it averaged 2.82 percent. A year ago at this time, the 15-year FRM averaged 3.60 percent.
5-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 3.40 percent with an average 0.3 point, unchanged from last week. A year ago at this time, the 5-year ARM averaged 3.80 percent.

09-Apr-20 10:03 AM ET - Freddie Mac

Next: 16-Apr-20

5-Yr ARM

remained at

3.40% on Apr 9

3.40%

more details

30-year fixed-rate mortgage averaged 3.33 percent with an average 0.7 point for the week ending April 9, 2020, unchanged from last week. A year ago at this time, the 30-year FRM averaged 4.12 percent.
15-year fixed-rate mortgage averaged 2.77 percent with an average 0.6 point, down from last week when it averaged 2.82 percent. A year ago at this time, the 15-year FRM averaged 3.60 percent.
5-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 3.40 percent with an average 0.3 point, unchanged from last week. A year ago at this time, the 5-year ARM averaged 3.80 percent.

09-Apr-20 10:03 AM ET - Freddie Mac

Next: 16-Apr-20

US Producer/Wholesale Price Index

fell

0.2% in Mar

-0.2%

-0.6%

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.

09-Apr-20 8:52 AM ET - U.S. Bureau of Labor Statistics

Next: 13-May-20

Canada Unemployment Rate

rose

to 7.8% in Mar, up from 5.6% in Feb & the highest since Feb 2011

7.8%

5.6%

more details

The Canadian unemployment rate is reported monthly by Statistics Canada.

09-Apr-20 8:34 AM ET - Statistics Canada

Next: 08-May-20

Initial Unemployment Claims

fell

3.8% for the week ending Apr 4, to 6,606,000

6,606,000

6,867,000

more details

In the week ending April 4, the advance figure for seasonally adjusted initial claims was 6,606,000, a decrease of261,000 from the previous week's revised level. The previous week's level was revised up by 219,000 from 6,648,000 to6,867,000. The 4-week moving average was 4,265,500, an increase of 1,598,750 from the previous week's revisedaverage. The previous week's average was revised up by 54,750 from 2,612,000 to 2,666,750.

09-Apr-20 8:31 AM ET - US Dept of Labor

Next: 16-Apr-20

UK GDP

grew

0.1% in the 3 months to Feb

0.1%

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.

09-Apr-20 8:24 AM ET - UK Office of National Statistics

Next: 12-May-20

Mortgage Application Volume

fell

17.9% for the week ending Apr 3

-17.9%

15.3%

more details

WASHINGTON, D.C. (April 8, 2020) - Mortgage applications decreased 17.9 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending April 3, 2020.

The Market Composite Index, a measure of mortgage loan application volume, decreased 17.9 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index decreased 18 percent compared with the previous week. The Refinance Index decreased 19 percent from the previous week and was 144 percent higher than the same week one year ago. The seasonally adjusted Purchase Index decreased 12 percent from one week earlier. The unadjusted Purchase Index decreased 12 percent compared with the previous week and was 33 percent lower than the same week one year ago.

"Mortgage applications fell last week, as economic weakness and the surge in unemployment continues to weigh heavily on the housing market. Purchase activity declined again, with the index dropping to its lowest level since 2015 and now down 33 percent compared to a year ago," said Jl Kan, MBA's Associate Vice President of Economic and Industry Forecasting. "With much less liquidity and tighter credit in the jumbo market, average loan sizes declined, and mortgage rates for jumbo loans increased to a high last seen in January."

Added Kan, "Refinance applications dropped 19 percent, reversing a 25 percent increase the week before. Given the ongoing rate volatility, along with the persistent lack of liquidity in certain sectors of the MBS market, we expect to see continued weekly swings in refinance activity."

The refinance share of mortgage activity decreased to 74.2 percent of total applications from 75.9 percent the previous week. The adjustable-rate mortgage (ARM) share of activity increased to 3.3 percent of total applications. Looking at the impact at the state level, here are results showing the non-seasonally adjusted, week-over-week percent change in the number of purchase applications from Washington, California and New York:

The FHA share of total applications increased to 10.6 percent from 9.1 percent the week prior. The VA share of total applications increased to 14.3 percent from 12.5 percent the week prior. The USDA share of total applications remained unchanged from 0.4 percent the week prior.

The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($510,400 or less) increased to 3.49 percent from 3.47 percent, with points decreasing to 0.28 from 0.33 (including the origination fee) for 80 percent loan-to-value ratio (LTV) loans. The effective rate remained unchanged from last week.

The average contract interest rate for 30-year fixed-rate mortgages with jumbo loan balances (greater than $510,400) increased to 3.87 percent from 3.84 percent, with points decreasing to 0.26 from 0.31 (including the origination fee) for 80 percent LTV loans. The effective rate increased from last week.

The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA decreased to 3.54 percent from 3.57 percent, with points decreasing to 0.19 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 15-year fixed-rate mortgages decreased to 3.04 percent from 3.05 percent, with points decreasing to 0.25 from 0.27 (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 3.39 percent from 3.35 percent, with points increasing to -0.02 from -0.03 (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.

08-Apr-20 8:57 AM ET - MBA

Next: 15-Apr-20

US Unemployment Rate

rose

to 4.4% in Mar, up from 3.5% in Feb & the highest since Aug 2017

4.4%

3.5%

more details

Total nonfarm payroll employment fell by 701,000 in March, and the unemploymentrate rose to 4.4 percent, the U.S. Bureau of Labor Statistics reported today.The changes in these measures reflect the effects of the coronavirus (COVID-19)and efforts to contain it. Employment in leisure and hospitality fell by 459,000,mainly in food services and drinking places. Notable declines also occurred inhealth care and social assistance, professional and business services, retailtrade, and construction.

This news release presents statistics from two monthly surveys. The householdsurvey measures labor force status, including unemployment, by demographic characteristics. The establishment survey measures nonfarm employment, hours,and earnings by industry. Note that the March survey reference periods for bothsurveys predated many coronavirus-related business and school closures that occurred in the second half of the month. For more information about the conceptsand statistical methodology used in these two surveys, see the Technical Note.

03-Apr-20 8:30 AM ET - U.S. Bureau of Labor Statistics

Next: 08-May-20

US NonFarm Payroll

fell

701,000 in Mar

-701,000

275,000

more details

03-Apr-20 8:30 AM ET - U.S. Bureau of Labor Statistics

Next: 08-May-20

Durable Goods Total New Orders

rose

0.9% in Feb, the most in 7 mos

0.9%

0.0%

more details

Full Report:
New orders for manufactured durable goods in February increased $2.9 billion or 1.2 percent to $249.4 billion, the U.S. Census Bureau announced today. This increase, up four of the last five months, followed a 0.1 percent January increase. Excluding transportation, new orders decreased 0.6 percent. Excluding defense, new orders increased 0.1 percent. Transportation equipment, up two of the last three months , drove the increase, $3.8 billion or 4.6 percent to $87.0 billion.

02-Apr-20 10:05 AM ET - USCB

Next: 04-May-20

Capital Goods Core Capex

fell

0.9% in Feb, the largest drop in 10 mos

-0.9%

1.0%

more details

02-Apr-20 10:05 AM ET - USCB

Next: 04-May-20

US Construction Spending

fell

1.3% in Feb, to $1366.7 Billion/yr

-1.3%

1.8%

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-Apr-20 10:13 AM ET - USCB

Next: 01-May-20

ISM Manufacturing Index

fell

to 49.1% in Mar, down from 50.1% in Feb

49.1%

50.1%

more details

(Tempe, Arizona) — Economic activity in the manufacturing sector contracted in March, and the overall economy grew for the 131st 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 March PMI^® registered 49.1 percent, down 1 percentage point from the February reading of 50.1 percent. The New Orders Index registered 42.2 percent, a decrease of 7.6 percentage points from the February reading of 49.8 percent. The Production Index registered 47.7 percent, down 2.6 percentage points compared to the February reading of 50.3 percent. The Backlog of Orders Index registered 45.9 percent, a decrease of 4.4 percentage points compared to the February reading of 50.3 percent. The Employment Index registered 43.8 percent, a decrease of 3.1 percentage points from the February reading of 46.9 percent.

“The Supplier Deliveries Index registered 65 percent, up 7.7 percentage points from the February reading of 57.3 percent, and limited the decrease in the composite PMI^®. The Supplier Deliveries Index is one of five equally weighted subindexes that directly factor into the PMI^®, along with New Orders, Production, Employment and Inventories. Supplier Deliveries is the only ISM® Report On Business^® index that is inversed — a reading of above 50 percent indicates slower deliveries, which is typical as the economy improves and customer demand increases. However, the high index reading in March was primarily a product of coronavirus-related supply problems.

“The Inventories Index registered 46.9 percent, 0.4 percentage point higher than the February reading of 46.5 percent. The Prices Index registered 37.4 percent, down 8.5 percentage points compared to the February reading of 45.9 percent. The New Export Orders Index registered 46.6 percent, a decrease of 4.6 percentage points compared to the February reading of 51.2 percent. The Imports Index registered 42.1 percent, a 0.5-percentage point decrease from the February reading of 42.6 percent.

“Comments from the panel were negative regarding the near-term outlook, with sentiment clearly impacted by the coronavirus (COVID-19) pandemic and energy market volatility. The PMI^® returned to contraction territory, and with a negative trajectory. Demand slumped, with (1) the New Orders Index contracting at a strong level, in part pushed by new export order contraction, (2) the Customers’ Inventories Index remaining at ‘too low’ status, but increasing at a level considered a negative for future production, (3) the Backlog of Orders Index contracting again, at a moderate rate. Consumption (measured by the Production and Employment indexes) contributed negatively (a combined 5.7-percentage point decrease) to the PMI^® calculation, with activity contracting at a faster rate. Inputs — expressed as supplier deliveries, inventories and imports — strengthened in March, due primarily to supplier delivery difficulties; inventory contraction stabilized. Despite imports contracting at strong rates due primarily to coronavirus impacts, inputs contributed positively to the PMI^® calculation (the Imports Index ds not directly factor into the PMI^®). Prices continued to contract (and at a faster rate in March), supporting a negative outlook.

“The coronavirus pandemic and shocks in global energy markets have impacted all manufacturing sectors. Among the six big industry sectors, Food, Beverage & Tobacco Products remains strongest, followed by Chemical Products, which in addition to the pharmaceutical component, is a significant contributor to the Food, Beverage & Tobacco Products Industry and beneficiary of low energy and feedstock prices. Transportation Equipment and Petroleum & Coal Products are the weakest sectors. Sentiment regarding near-term growth this month is strongly negative, by a 2-to-1 ratio,” says Fiore.

Of the 18 manufacturing industries, the 10 that reported growth in March — listed in order — are: Printing & Related Support Activities; Food, Beverage & Tobacco Products; Apparel, Leather & Allied Products; Wood Products; Paper Products; Chemical Products; Computer & Electronic Products; Primary Metals; Miscellaneous Manufacturing; and Plastics & Rubber Products. The six industries reporting contraction in March, in order, are: Petroleum & Coal Products; Textile Mills; Transportation Equipment; Furniture & Related Products; Fabricated Metal Products; and Machinery.

01-Apr-20 10:00 AM ET - Institute of Supply Management

Next: 01-May-20

ADP NonFarm Payroll

fell

27,000 in Mar, the largest drop since Sep 2017

-27,000

183,000

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.

01-Apr-20 9:11 AM ET - ADP

Next: 06-May-20

EU Unemployment Rate

fell

to 7.3% in Feb, down from 7.4% in Jan & the lowest since Jul 2008

7.3%

7.4%

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.

01-Apr-20 7:54 AM ET - Eurostat

Next: 30-Apr-20

Canada GDP

grew

at an annualized rate of 1.8% in Jan

1.8%

1.9%

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.

31-Mar-20 10:09 AM ET - Statistics Canada

Next: 30-Apr-20

Case-Shiller 20-City Home Price Index

rose

3.1% in Jan vs. previous year, to 218.62

3.1%

2.9%

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.

31-Mar-20 10:06 AM ET - Standard & Poor's

Next: 28-Apr-20

US Consumer Confidence

fell

to 89.1 in Mar, down from 101.0 in Feb & the lowest level since Oct 2016

89.1

101.0

more details

The Surveys of Consumers is a rotating panel survey based on a nationally representative sample that gives each household in the coterminous U.S. an equal probability of being selected. Interviews are conducted throughout the month by telephone. The minimum monthly change required for significance at the 95% level in the Sentiment Index is 4.8 points; for Current and Expectations Index the minimum is 6 points.

27-Mar-20 10:07 AM ET - Thompson Reuters U. Michigan

Next: 24-Apr-20

US Personal Savings was 8.2% in Feb, up from 7.9% in Jan & the highest in 11 mos

8.2%

7.9%

more details

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

27-Mar-20 8:41 AM ET - U.S. Bureau of Economic Analysis

Next: 30-Apr-20

US Consumer Spending (PCE)

rose

0.1% in Feb

0.1%

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-Mar-20 8:41 AM ET - U.S. Bureau of Economic Analysis

Next: 30-Apr-20

US Core Consumer Spending PCE

rose

0.2% in Feb

0.2%

more details

27-Mar-20 8:41 AM ET - U.S. Bureau of Economic Analysis

Next: 30-Apr-20

US Personal Income

rose

0.6% in Feb

0.6%

more details

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

27-Mar-20 8:41 AM ET - U.S. Bureau of Economic Analysis

Next: 30-Apr-20

US Disposable Income

rose

0.5% in Feb

0.5%

0.6%

more details

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

27-Mar-20 8:41 AM ET - U.S. Bureau of Economic Analysis

Next: 30-Apr-20

US Corporate Profits

rose

4.1% in Q4 (vs. Q4 2018), to $1.90 Trillion/yr

4.1%

-1.2%

more details

Revised Estimate:
Profits from current production (corporate profits with inventory valuation and capital consumption adjustments) increased $53.0 billion in the fourth quarter, in contrast to a decrease of $4.7 billion in the third quarter (table 10).

Profits of domestic financial corporations increased $0.7 billion in the fourth quarter, in contrast to a decrease of $4.7 billion in the third quarter. Profits of domestic nonfinancial corporations increased $53.7 billion, in contrast to a decrease of $5.5 billion. Rest-of-the-world profits decreased $1.4 billion, in contrast to an increase of $5.5 billion. In the fourth quarter, receipts increased $3.4 billion, and payments increased $4.8 billion.

26-Mar-20 8:55 AM ET - U.S. Bureau of Economic Analysis

Next: 28-May-20

US Real GDP

grew

at an annualized rate of 2.1% in Q4, unrevised from previous estimate

2.1%

more details

Third Estimate:
Real gross domestic product (GDP) increased at an annual rate of 2.1 percent in the fourth quarter of 2019 (table 1), according to the "third" estimate released by the Bureau of Economic Analysis. In the third quarter, real GDP also increased 2.1 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 2.1 percent. In the third estimate, an upward revision to personal consumption expenditures (PCE) was largely offset by downward revisions to federal government spending and nonresidential fixed investment (see "Updates to GDP" on page 2).

26-Mar-20 8:51 AM ET - U.S. Bureau of Economic Analysis

Next: 19-Apr-20

UK Producer/Wholesale Price Inflation

fell

to 0.4% in Feb, down from 1.0% in Jan & the lowest since Jul 2016

0.4%

1.0%

more details

The headline rate of output inflation for goods leaving the factory gate was 0.4% on the year to February 2020, down from 1.0% in January 2020.
The price for materials and fuels used in the manufacturing process displayed negative growth of 0.5% on the year to February 2020, down from positive growth of 1.6% in January 2020.
Petroleum products made the largest downward contribution to the change in the annual rate of output inflation.
Crude oil provided the largest downward contribution to the change in the annual rate of input inflation.
The Office for National Statistics has released a public statement on COVID-19 and the production of statistics. Specific queries must be directed to the Media Relations Office.

25-Mar-20 8:32 AM ET - UK Office of National Statistics

Next: 22-Apr-20

UK Inflation

fell

to 1.7% in Feb, down from 1.8% in Jan

1.7%

1.8%

more details

The Consumer Prices Index including owner occupiers housing costs (CPIH) 12-month inflation rate was 1.7% in February 2020, down from 1.8% in January 2020.
The largest contribution to the CPIH 12-month inflation rate in February 2020 came from housing, water, electricity, gas and other fuels (0.52 percentage points), which fell by 0.03 percentage points from January.
The contributions to change in the CPIH 12-month inflation rate were relatively small compared with movements in most months.
Falls in the price of motor fuels, and games, toys and hobbies resulted in the largest downward contributions to the change in the CPIH 12-month inflation rate between January and February 2020.
Price rises for recording media, and for restaurant and hotel services produced the largest, partially offsetting, upward contributions to change.
The Consumer Prices Index (CPI) 12-month rate was 1.7% in February 2020, down from 1.8% in January.
The Office for National Statistics (ONS) has released a public statement on the coronavirus (COVID-19) and the production of statistics. Measuring the data describes the situation in relation to the Consumer price inflation, UK: February 2020 bulletin.

25-Mar-20 8:32 AM ET - UK Office of National Statistics

Next: 22-Apr-20

New Home Sales

fell

4.4% in Feb, to 765,000/yr

765,000

800,000

more details

New Home Sales Sales of new single-family houses in February 2020 were at a seasonally adjusted annual rate of 765,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 4.4 percent (±14.8 percent)* below the revised January rate of 800,000, but is 14.3 percent (±17.5 percent)* above the February 2019 estimate of 669,000.

24-Mar-20 10:36 AM ET - USCB

Next: 23-Apr-20

Existing Home Sales

rose

6.5% in Feb, to 5,770,000/yr

5,770,000

5,420,000

more details

The Existing-Home Sales data measures sales and prices of existing single-family homes for the nation overall, and gives breakdowns for the West, Midwest, South, and Northeast regions of the country. These figures include condos and co-ops, in addition to single-family homes.

20-Mar-20 10:04 AM ET - National Association of Realtors

Next: 21-Apr-20

Home Sales Inventory

remained at

3.1 months in Feb

3.1

more details

20-Mar-20 10:04 AM ET - National Association of Realtors

Next: 21-Apr-20

Housing Starts

fell

1.5% in Feb, to 1,599,000/yr

1,599,000

1,624,000

more details

Privately-owned housing starts in February 2020 were at a seasonally adjusted annual rate of 1,599,000. This is 1.5 percent (+/- 12.4%)* below the revised January 2020 estimate of 1,624,000.

February 2020: -1.5* % change
January 2020 (r): +1.4* % change

18-Mar-20 10:12 AM ET - USCB

Next: 16-Apr-20

Canada Inflation

fell

to 2.2% in Feb, down from 2.3% in Jan

2.2%

2.3%

more details

The Consumer Price Index (CPI) represents changes in prices as experienced by Canadian consumers. It measures price change by comparing, through time, the cost of a fixed basket of goods and services.

The goods and services in the CPI basket are divided into 8 major components: Food; Shelter; Household operations, furnishings and equipment; Clothing and footwear; Transportation; Health and personal care; Recreation, education and reading, and Alcoholic beverages, tobacco products and recreational cannabis. CPI data are published at various levels of geography including Canada, the ten provinces, Whitehorse, Yellowknife and Iqaluit, and select cities.

18-Mar-20 8:35 AM ET - Statistics Canada

Next: 22-Apr-20

EU Inflation (HICP)

fell

to 1.2% in Feb, down from 1.4% in Jan

1.2%

1.4%

more details

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

18-Mar-20 8:35 AM ET - Eurostat

Next: 17-Apr-20

US Retail Sales

fell

0.5% in Feb, to $528.1 Billion

-0.5%

0.3%

more details

U.S. retail and food services sales for February 2020 were $528.1 billion, a decrease of 0.5 percent (+/-0.4%) from the previous month.

February 2020: -0.5 % change
January 2020 (r): 0.6 % change

17-Mar-20 10:54 AM ET - USCB

Next: 15-Apr-20

UK Unemployment Rate

rose

to 3.9% in Jan, up from 3.8% in Dec

3.9%

3.8%

more details

Estimates of employment, unemployment, economic inactivity and other employment-related statistics for the UK.

17-Mar-20 7:42 AM ET - UK Office of National Statistics

Next: 21-Apr-20

US Treasury reported a

deficit

of $235 Billion in Feb

-$235

-$33

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-Mar-20 10:44 AM ET - US Department of the Treasury

Next: 10-Apr-20

Overall US Inflation

rose

0.1% in Feb

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

11-Mar-20 8:35 AM ET - U.S. Bureau of Labor Statistics

Next: 10-Apr-20

Core US Inflation

rose

0.2% in Feb

0.2%

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

11-Mar-20 8:35 AM ET - U.S. Bureau of Labor Statistics

Next: 10-Apr-20

US Productivity

increased

at an annualized rate of 1.2% in Q4

1.2%

-0.2%

more details

Final:
Fourth Quarter and Annual Averages 2019, Revised

Nonfarm business sector labor productivity increased 1.2 percent in the fourth quarter of 2019, the U.S. Bureau of Labor Statistics reported today, as output increased 2.4 percent and hours worked increased 1.2 percent. (All quarterly percent changes in this release are seasonally adjusted annual rates.) From the fourth quarter of 2018 to the fourth quarter of 2019, productivity increased 1.8 percent, reflecting a 2.6-percent increase in output and a 0.8-percent increase in hours worked. (See table A1.)

05-Mar-20 8:34 AM ET - U.S. Bureau of Labor Statistics

Next: 04-Jun-20

EU GDP

grew

at an annualized rate of 3.0% in Q3, revised from 2.9%, the most in 12 mos

3.0%

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.

21-Jan-20 8:06 AM ET - ECB

Next: 31-Jan-20

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