Recent Market Metrics

Current

Durable Goods Total New Orders

rose

2.7% in Mar, the most in 7 mos

2.7%

-1.1%

more details

Full 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, TUESDAY, APRIL 2, 2019 MONTHLY ADVANCE REPORT ON MANUFACTURERS' SHIPMENTS, INVENTORIES AND ORDERS FEBRUARY 2019 Release Number: CB 19-43 M3-1 (19)-02 April 2, 2019 The U.S. Census Bureau announces the February advance report on manufacturers' shipments, inventories and orders: New Orders New orders for manufactured durable goods in February decreased $4.2 billion or 1.6 percent to $250.6 billion, the U.S. Census Bureau announced today. This decrease, down following three consecutive monthly increases, followed a 0.1 percent January increase. Excluding transportation, new orders increased 0.1 percent. Excluding defense, new orders decreased 1.9 percent. Transportation equipment, also down following three consecutive monthly increases, drove the decrease, $4.3 billion or 4.8 percent to $86.0 billion. Shipments Shipments of manufactured durable goods in February, up three of the last four months, increased $0.5 billion or 0.2 percent to $258.6 billion. This followed a 0.4 percent January decrease. Computers and electronic products, up four of the last five months, led the increase, $0.3 billion or 1.1 percent to $28.0 billion. DURABLE GOODS NEW ORDERS FEBRUARY 2019 $250.6 billion -1.6%° JANUARY 2019 (revised) $254.7 billion +0.1%° Next release: April 25, 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, April 2, 2019. Mar-18 Apr-18 May-18 Jun-18 Jul-18 Aug-18 Sep-18 Oct-18 Nov-18 Dec-18 Jan-19 Feb-19 % Change 2.7% -1.0% -0.3% 0.9% -1.2% 4.7% 0.0% -4.3% 0.9% 1.3% 0.1% -1.6%-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, April 2, 2019.

25-Apr-19 10:35 AM ET - USCB

Next: 02-May-19

Capital Goods Core Capex

rose

1.3% in Mar, the most in 8 mos

1.3%

0.1%

more details

25-Apr-19 10:35 AM ET - USCB

Next: 02-May-19

30-Yr Fixed Mortgage Rate

rose

to 4.20% on Apr 25, up from 4.17% on Apr 18

4.20%

4.17%

more details

30-year fixed-rate mortgage (FRM) averaged 4.20 percent with an average 0.5 point for the week ending April 25, 2019, up from last week when it averaged 4.17 percent. A year ago at this time, the 30-year FRM averaged 4.58 percent.
15-year FRM this week averaged 3.64 percent with an average 0.5 point, up from last week when it averaged 3.62 percent. A year ago at this time, the 15-year FRM averaged 4.02 percent.
5-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 3.77 percent with an average 0.4 point, down from last week when it averaged 3.78 percent. A year ago at this time, the 5-year ARM averaged 3.74 percent.

25-Apr-19 10:07 AM ET - Freddie Mac

Next: 02-May-19

15-Yr Fixed Mortgage Rate

rose

to 3.64% on Apr 25, up from 3.62% on Apr 18

3.64%

3.62%

more details

30-year fixed-rate mortgage (FRM) averaged 4.20 percent with an average 0.5 point for the week ending April 25, 2019, up from last week when it averaged 4.17 percent. A year ago at this time, the 30-year FRM averaged 4.58 percent.
15-year FRM this week averaged 3.64 percent with an average 0.5 point, up from last week when it averaged 3.62 percent. A year ago at this time, the 15-year FRM averaged 4.02 percent.
5-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 3.77 percent with an average 0.4 point, down from last week when it averaged 3.78 percent. A year ago at this time, the 5-year ARM averaged 3.74 percent.

25-Apr-19 10:07 AM ET - Freddie Mac

Next: 02-May-19

5-Yr ARM

fell

to 3.77% on Apr 25, down from 3.78% on Apr 18

3.77%

3.78%

more details

30-year fixed-rate mortgage (FRM) averaged 4.20 percent with an average 0.5 point for the week ending April 25, 2019, up from last week when it averaged 4.17 percent. A year ago at this time, the 30-year FRM averaged 4.58 percent.
15-year FRM this week averaged 3.64 percent with an average 0.5 point, up from last week when it averaged 3.62 percent. A year ago at this time, the 15-year FRM averaged 4.02 percent.
5-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 3.77 percent with an average 0.4 point, down from last week when it averaged 3.78 percent. A year ago at this time, the 5-year ARM averaged 3.74 percent.

25-Apr-19 10:07 AM ET - Freddie Mac

Next: 02-May-19

Initial Unemployment Claims

rose

19.2% for the week ending Apr 20, to 230,000

230,000

193,000

more details

In the week ending April 20, the advance figure for seasonally adjusted initial claims was 230,000, an increase of 37,000

from the previous week's revised level. The previous week's level was revised up by 1,000 from 192,000 to 193,000. The

4-week moving average was 206,000, an increase of 4,500 from the previous week's revised average. The previous

25-Apr-19 9:37 AM ET - US Dept of Labor

Next: 02-May-19

Mortgage Application Volume

fell

7.3% for the week ending Apr 19

-7.3%

-3.5%

more details

WASHINGTON, D.C. (April 24, 2019) - Mortgage applications decreased 7.3 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending April 19, 2019.

The Market Composite Index, a measure of mortgage loan application volume, decreased 7.3 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index decreased 6 percent compared with the previous week. The Refinance Index decreased 11 percent from the previous week. The seasonally adjusted Purchase Index decreased 4 percent from one week earlier. The unadjusted Purchase Index decreased 3 percent compared with the previous week and was 3 percent higher than the same week one year ago.

"The 30-year fixed mortgage rate has risen 10 basis points in three weeks, and is now at its highest level in over a month. Borrowers remain extremely sensitive to rate changes, which is why there has been a 28 percent drop in refinance applications over this three-week period. Purchase activity also declined, but remains almost 3 percent higher than a year ago," said Mike Fratantoni, MBA Senior Vice President and Chief Economist. "Borrowing costs have recently drifted higher because of ebbing geopolitical concerns, as well as signs of strengthening in the U.S. economy, including the recent data pointing to robust retail sales."

Added Fratantoni, "The strong economy and job market is keeping buyer interest high, but rising mortgage rates could add pressure to the budgets of some would-be buyers."

The refinance share of mortgage activity decreased to 39.4 percent of total applications from 41.5 percent the previous week. The adjustable-rate mortgage (ARM) share of activity decreased to 6.4 percent of total applications.

The FHA share of total applications increased to 9.9 percent from 9.4 percent the week prior. The VA share of total applications decreased to 11.3 percent from 11.6 percent the week prior. The USDA share of total applications remained unchanged from 0.6 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 4.46 percent from 4.44 percent, with points increasing to 0.44 from 0.42 (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) increased to 4.35 percent from 4.33 percent, with points increasing to 0.25 from 0.23 (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 increased to 4.49 percent from 4.43 percent, with points increasing to 0.57 from 0.56 (including the origination fee) for 80 percent LTV loans. The effective rate increased from last week.

The average contract interest rate for 15-year fixed-rate mortgages increased to 3.87 percent from 3.84 percent, with points decreasing to 0.44 from 0.45 (including the origination fee) for 80 percent LTV loans. The effective rate increased from last week.

The average contract interest rate for 5/1 ARMs increased to 3.92 percent from 3.88 percent, with points increasing to 0.28 from 0.19 (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.

24-Apr-19 10:05 AM ET - MBA

Next: 01-May-19

New Home Sales

rose

4.5% in Mar, to 692,000/yr, the highest level in 16 mos

692,000

662,000

more details

Data Inquiries Media Inquiries Economic Indicators Division, Residential Construction Branch Public Information Office 301-763-5160 301-763-3030 eid.rcb.customer.service@census.gov pio@census.gov FOR RELEASE AT 10:00 AM EDT, FRIDAY, MARCH 29, 2019 MONTHLY NEW RESIDENTIAL SALES, FEBRUARY 2019 Release Number: CB19-31 Data collection and processing were delayed for this indicator release due to the lapse in federal funding from December 22, 2018 through January 25, 2019. Processing and data quality were monitored and no systematic issues were identified. March 29, 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 February 2019: NEW RESIDENTIAL SALES FEBRUARY 2019 New Houses Sold 1 : 667,000 New Houses For Sale 2 : 340,000 Median Sales Price: $315,300 Next Release: April 23, 2019 1 Seasonally Adjusted Annual Rates 2 Seasonally Adjusted Source: U.S. Census Bureau, HUD, March 29, 2019 New Home Sales Sales of new single-family houses in February 2019 were at a seasonally adjusted annual rate of 667,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 4.9 percent (±14.4 percent)* above the revised January rate of 636,000 and is 0.6 percent (±13.1 percent)* above the February 2018 estimate of 663,000. Sales Price The median sales price of new houses sold in February 2019 was $315,300. The average sales price was $379,600. For Sale Inventory and Months' Supply The seasonally-adjusted estimate of new houses for sale at the end of February was 340,000. This represents a supply of 6.1 months at the current sales rate. The March report is scheduled for release on April 23, 2019. View the full schedule in the Economic Briefing Room: . The full text and tables for this release can be found at . 0200400600800Feb-14 Feb-15 Feb-16 Feb-17 Feb-18 Feb-19 Thousands of Units New Residential Sales (Seasonally Adjusted Annual Rate) Houses Sold Source: U.S. Census Bureau, HUD, March 29, 2019

23-Apr-19 10:29 AM ET - USCB

Next: 23-May-19

Existing Home Sales

fell

4.9% in Mar, to 5,210,000/yr

5,210,000

5,480,000

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 4.9% from February to a seasonally adjusted annual rate of 5.21 million in March. Sales as a whole are down 5.4% from a year ago (5.51 million in March 2018).

22-Apr-19 1:09 PM ET - National Association of Realtors

Next: 21-May-19

Home Sales Inventory

rose

8.3% in Mar, to 3.9 months

3.9

3.6

more details

Total housing inventory at the end of March increased to 1.68 million, up from 1.63 million existing homes available for sale in February and a 2.4% increase from 1.64 million a year ago. Unsold inventory is at a 3.9-month supply at the current sales pace, up from 3.6 months in February and up from 3.6 months in March 2018.

22-Apr-19 1:09 PM ET - National Association of Realtors

Next: 21-May-19

US Retail Sales

rose

1.6% in Mar, to $514.1 Billion

1.6%

0.2%

more details

U.S. retail and food services sales for March 2019 were $514.1 billion, an increase of 1.6 percent (+/-0.5%) from the previous month.

March 2019: +1.6 % change
February 2019 (r): -0.2* % change

18-Apr-19 8:34 AM ET - USCB

Next: 15-May-19

Housing Starts

fell

8.7% in Feb, to 1,162,000/yr

1,162,000

1,273,000

more details

Privately-owned housing starts in February 2019 were at a seasonally adjusted annual rate of 1,162,000. This is 8.7 percent (+/- 10.3%)* below the revised January 2019 estimate of 1,273,000.

February 2019: -8.7* % change
January 2019 (r): +11.7* % change

17-Apr-19 10:12 AM ET - USCB

Next: 16-May-19

Canada Inflation

rose

to 1.8% in Mar, up from 1.5% in Feb

1.8%

1.5%

more details

The Consumer Price Index (CPI) rose 1.9% on a year-over-year basis in March, up from a 1.5% increase in February. Energy prices decreased 1.2% in March, following a larger decline in February (-5.7%), as downward pressure from gasoline prices eased and prices for natural gas and fuel oil grew. Excluding energy, the CPI rose 2.2% year over year.

17-Apr-19 8:37 AM ET - Statistics Canada

Next: 10-May-19

EU Inflation (HICP)

fell

to 1.4% in Mar, down from 1.5% in Feb

1.4%

1.5%

more details

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

17-Apr-19 8:30 AM ET - Eurostat

Next: 17-May-19

UK Producer/Wholesale Price Inflation

remained at

2.4% in Mar

2.4%

more details

The headline rate of output inflation for goods leaving the factory gate was 2.4% on the year to March 2019, which is unchanged from February 2019.
The growth rate of prices for materials and fuels used in the manufacturing process was 3.7% on the year to March 2019, down from 4.0% in February 2019.
All product groups provided upward contributions to output annual inflation.
Fuel provided the largest upward contribution to the annual rate of input inflation, despite falling on the month.

17-Apr-19 8:29 AM ET - UK Office of National Statistics

Next: 22-May-19

UK Inflation

remained at

1.8% in Mar

1.8%

more details

The Consumer Prices Index including owner occupiers housing costs (CPIH) 12-month inflation rate was 1.8% in March 2019, unchanged from February 2019.
Rising prices for motor fuels and clothing produced the largest upward contributions to change in the rate between February and March 2019.
The largest, offsetting, downward contributions came from across a range of recreational and cultural goods, food and motor vehicles.
The Consumer Prices Index (CPI) 12-month rate was 1.9% in March 2019, unchanged from February 2019.

17-Apr-19 8:29 AM ET - UK Office of National Statistics

Next: 22-May-19

UK Unemployment Rate

remained at

3.9% in Feb

3.9%

more details

16-Apr-19 8:39 AM ET - UK Office of National Statistics

Next: 14-May-19

US Producer/Wholesale Price Index

rose

0.6% in Mar

0.6%

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.

11-Apr-19 8:35 AM ET - U.S. Bureau of Labor Statistics

Next: 09-May-19

US Treasury reported a

deficit

of $147 Billion in Mar

-$147

-$234

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.

10-Apr-19 2:05 PM ET - US Department of the Treasury

Next: 10-May-19

Overall US Inflation

rose

0.4% in Mar, the most in 14 mos

0.4%

0.2%

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

Next: 10-May-19

Core US Inflation

rose

0.1% in Mar

0.1%

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

Next: 10-May-19

UK GDP

grew

0.3% in the 3 months to Mar

0.3%

0.2%

more details

UK gross domestic product (GDP) grew by 0.3% in the three months to February 2019

10-Apr-19 7:58 AM ET - UK Office of National Statistics

Next: 10-May-19

Canada Unemployment Rate

remained at

5.8% in Mar

5.8%

more details

The Canadian unemployment rate is reported monthly by Statistics Canada.

08-Apr-19 8:31 AM ET - Statistics Canada

Next: 30-Apr-19

US Unemployment Rate

remained at

3.8% in Mar

3.8%

more details

Total nonfarm payroll employment increased by 196,000 in March, and theunemployment rate was unchanged at 3.8 percent, the U.S. Bureau of LaborStatistics reported today. Notable job gains occurred in health care andin professional and technical services.

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

Household Survey Data

The unemployment rate remained at 3.8 percent in March, and the number ofunemployed persons was essentially unchanged at 6.2 million. (See table A-1.)

05-Apr-19 8:40 AM ET - U.S. Bureau of Labor Statistics

Next: 03-May-19

US NonFarm Payroll

rose

196,000 in Mar

196,000

33,000

more details

05-Apr-19 8:40 AM ET - U.S. Bureau of Labor Statistics

Next: 03-May-19

ADP NonFarm Payroll

rose

129,000 in Mar, the least in 18 mos

129,000

197,000

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.

03-Apr-19 8:34 AM ET - ADP

Next: 01-May-19

ISM Manufacturing Index

rose

to 55.3% in Mar, up from 54.2% in Feb

55.3%

54.2%

more details

(Tempe, Arizona) — Economic activity in the manufacturing sector expanded in March, and the overall economy grew for the 119th 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 55.3 percent, an increase of 1.1 percentage points from the February reading of 54.2 percent. The New Orders Index registered 57.4 percent, an increase of 1.9 percentage points from the February reading of 55.5 percent. The Production Index registered 55.8 percent, a 1-percentage point increase compared to the February reading of 54.8 percent. The Employment Index registered 57.5 percent, an increase of 5.2 percentage points from the February reading of 52.3 percent. The Supplier Deliveries Index registered 54.2 percent, a 0.7 percentage point decrease from the February reading of 54.9 percent. The Inventories Index registered 51.8 percent, a decrease of 1.6 percentage points from the February reading of 53.4 percent. The Prices Index registered 54.3 percent, a 4.9-percentage point increase from the February reading of 49.4 percent, indicating a return of increasing raw materials prices after a two-month respite.

“Comments from the panel reflect continued expanding business strength, supported by gains in new orders and employment. Demand expansion continued, with the New Orders Index returning to the high 50s, the Customers’ Inventories Index improving but remaining too low, and the Backlog of Orders Index softening to marginal expansion levels. Consumption (production and employment) continued to expand and regained its footing with a combined 6.2-percentage point gain from the previous month’s levels, recovering most of February’s loss. Inputs — expressed as supplier deliveries, inventories and imports — were lower this month, primarily due to inventory consumption exceeding inputs, resulting in a combined 2.3-point decline in the Supplier Deliveries and Inventories indexes that contributed negatively to the PMI^®. Imports expansion declined to near-zero expansion levels. Overall, inputs continue to reflect an easing business environment, but to a lesser extent than in February, confirmed by the Prices Index returning to expansion.

“Exports orders continue to expand, but at marginal levels. Prices reversed two months of contraction by returning to a robust mid-50s level. The manufacturing sector continues to expand, demonstrated by improvements in the PMI^® three-month rolling average, which is consistent with overall manufacturing growth projections,” says Fiore.

Of the 18 manufacturing industries, 16 reported growth in March, in the following order: Printing and Related Support Activities; Textile Mills; Food, Beverage and Tobacco Products; Petroleum and Coal Products; Computer and Electronic Products; Electrical Equipment, Appliances and Components; Furniture and Related Products; Chemical Products; Plastics and Rubber Products; Wood Products; Nonmetallic Mineral Products; Transportation Equipment; Miscellaneous Manufacturing; Fabricated Metal Products; Primary Metals; and Machinery. The two industries reporting contraction in March are: Apparel, Leather and Allied Products; and Paper Products.

01-Apr-19 10:12 AM ET - Institute of Supply Management

Next: 01-May-19

US Construction Spending

rose

1.0% in Feb, to $1320.3 Billion/yr, the highest level in 9 mos

1.0%

2.5%

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-19 10:07 AM ET - USCB

Next: 01-May-19

US Consumer Confidence

rose

to 98.4 in Mar, up from 93.8 in Feb

98.4

93.8

more details

ANN ARBORThe March gain in the Consumer Sentiment Index was entirely due to households with incomes in the bottom two-thirds of the income distribution, whereas the February gain was concentrated among upper income households, according to the latest University of Michigan Surveys of Consumers.

Reports of income gains were at record levels, the largest proportion to report income gains since 1966. Rising incomes were accompanied by lower expected year-ahead inflation rates, resulting in more favorable real income expectations, said U-M economist Richard Curtin, director of the surveys.

01-Apr-19 10:01 AM ET - Thompson Reuters U. Michigan

Next: 26-Apr-19

EU Unemployment Rate

remained at

7.8% in Feb

7.8%

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-19 7:54 AM ET - Eurostat

Next: 30-Apr-19

Canada GDP

grew

at an annualized rate of 1.6% in Jan

1.6%

1.1%

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.

29-Mar-19 9:03 AM ET - Statistics Canada

Next: 30-Apr-19

US Consumer Spending (PCE)

fell

0.1% in Jan, the largest drop in 20 mos

-0.1%

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.

29-Mar-19 8:44 AM ET - U.S. Bureau of Economic Analysis

Next: 29-Apr-19

US Personal Income

fell

0.1% in Jan, the largest drop since Nov 2016

-0.1%

1.0%

more details

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

29-Mar-19 8:44 AM ET - U.S. Bureau of Economic Analysis

Next: 29-Apr-19

US Personal Savings was 7.5% in Jan, down from 7.7% in Dec

7.5%

7.7%

more details

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

29-Mar-19 8:44 AM ET - U.S. Bureau of Economic Analysis

Next: 29-Apr-19

US Core Consumer Spending PCE

rose

0.1% in Jan

0.1%

0.2%

more details

29-Mar-19 8:44 AM ET - U.S. Bureau of Economic Analysis

Next: 29-Apr-19

US Disposable Income

fell

0.2% in Jan, the largest drop since Jan 2015

-0.2%

1.1%

more details

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

29-Mar-19 8:44 AM ET - U.S. Bureau of Economic Analysis

Next: 29-Apr-19

US Corporate Profits

rose

11.1% in Q4 (vs. Q4 2017), to $1.95 Trillion/yr

11.1%

6.1%

more details

Revised Estimate:
Profits from current production (corporate profits with inventory valuation and capital consumption adjustments) decreased $9.7 billion in the fourth quarter, in contrast to an increase of $78.2 billion in the third quarter.

Profits of domestic financial corporations decreased $25.2 billion in the fourth quarter, compared with a decrease of $6.1 billion in the third quarter. Profits of domestic nonfinancial corporations increased $13.6 billion, compared with an increase of $83.0 billion. Rest-of-the-world profits increased $1.9 billion, compared with an increase of $1.3 billion. In the fourth quarter, receipts increased $8.8 billion, and payments increased $6.9 billion.

28-Mar-19 8:36 AM ET - U.S. Bureau of Economic Analysis

Next: 30-May-19

US Real GDP

grew

at an annualized rate of 2.2% in Q4, revised from 2.6%

2.2%

3.4%

more details

Third Estimate:
Real gross domestic product (GDP) increased at an annual rate of 2.2 percent in the fourth quarter of 2018 (table 1), according to the "third" estimate released by the Bureau of Economic Analysis. In the third quarter, real GDP increased 3.4 percent.

The GDP estimate released today is based on more complete source data than were available for the "initial" estimate issued last month. In the initial estimate, the increase in real GDP was 2.6 percent. With this estimate for the fourth quarter, the general picture of economic growth remains the same; personal consumption expenditures (PCE), state and local government spending, and nonresidential fixed investment were revised down; imports, which are a subtraction in the calculation of GDP, were also revised down (see "Updates to GDP" on page 2).

28-Mar-19 8:34 AM ET - U.S. Bureau of Economic Analysis

Next: 26-Apr-19

Case-Shiller 20-City Home Price Index

rose

3.6% in Jan vs. previous year, to 212.41, the lowest level in 8 mos

3.6%

4.2%

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.

26-Mar-19 9:13 AM ET - Standard & Poor's

Next: 30-Apr-19

US Productivity

increased

at an annualized rate of 1.9% in Q4, revised from 1.3%

1.9%

2.3%

more details

Revised:
Fourth Quarter and Annual Averages 2018, Revised

Nonfarm business sector labor productivity increased 1.9 percent in the fourth quarter of 2018, the U.S. Bureau of Labor Statistics reported today, as output increased 3.1 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 2017 to the fourth quarter of 2018, productivity increased 1.8 percent, reflecting a 3.7-percent increase in output and a 1.9-percent increase in hours worked. (See tables A1 and 2.) Annual average productivity increased 1.3 percent from 2017 to 2018. (See table C1.)

07-Mar-19 8:40 AM ET - U.S. Bureau of Labor Statistics

Next: 02-May-19

EU GDP

grew

at an annualized rate of 3.0% in Q3, unrevised from previous estimate, the least in 18 mos

3.0%

3.5%

more details

Second Estimate:
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.

07-Mar-19 8:36 AM ET - ECB

Next: 30-Apr-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