U.S. Data

  • 2015-11-27 08:40

    --British Columbia Becomes First Overseas Govt to Sell Yuan Bonds Onshore
    --EU Economic Sentiment Stays At Its Highest of the Year
    --BOJ Sees Core CPI at an Annual +1.2%

    WASHINGTON (MNI) - The following are top events and news reported Friday morning ET by MNI in the world financial system:

    * China share prices slumped the most since Aug. 25 Friday with securities companies leading the falls on news of a widening government investigation into the country's brokerages. China's Shanghai Composite Index closed down 5.48% at 3,436.30. In late August, China shares crashed, carrying oil and other commodities down with it, with ripple effects around the world. This time the effect appeared to be much more contained.

  • 2015-11-25 10:00

    --NE Regions Erratic at +135%; Median Sales Price $281,500, Slowing

    WASHINGTON (MNI) - The latest U.S. home sales data show the expected bounce from a depressed level but do not suggest any surge in this sector.

    October new home sales posted a 10.7% gain to 495,000 units, about as expected after a surprising plunge in September. Sales were led by a 135.3% move in the Northeast in a rebound to 40,000 units, the highest since January 2010. But sales also gained in the Midwest and South. Sales in the West were -0.9%.

    Unadjusted sales in the Northeast are a mere 2,000-3,000 each month and the seasonal adjustment is causing the gyrations.

  • 2015-11-25 09:11

    --US Initial Claims -12K/260K, Better Than Expected
    --US Oct Personal Inc +0.4% As Expected; PCE +0.1%; Core PCE Y/Y +1.3%

    WASHINGTON (MNI) - The following are top events and news reported Wednesday morning ET by MNI in the world financial system:

    * The latest U.S. consumption, durables orders and unemployment claims data Wednesday suggested the economy was growing at a somewhat subdued pace at the beginning of the fourth quarter. First, the October durable goods report showed the expected rebound on the back of aircraft orders, but underlying details were less robust. Overall durables orders posted a 3.0% increase after two months of drops and ex-transportation orders posted a half-point increase.

  • 2015-11-25 08:46

    --October Permits Originally Reported +4.1% To 1.15 Mln Unit Rate

    WASHINGTON (MNI) - The number of U.S. building permits issued in October was revised up to an increase of up 5.1% to a 1.161 million unit annual rate, the Commerce Department's Bureau of the Census said Wednesday.

    Permits issued were originally reported up 4.1% to a 1.15 million unit rate.

    The Census Bureau revises the latest building permits data on the 18th working day of the month, three to seven days after the release of the preliminary estimate in the month housing starts and building permits report.

    Permits for single-family homes were revised higher to a gain of 3.0% at a 715,000 unit rate (previously up 2.4% at a 711,000 unit rate).

  • 2015-11-25 08:30

    --Oct Pers Inc +0.4%/PCE +0.1%;Initial Unemployment Claims a Low 260k

    WASHINGTON (MNI) - The latest U.S. consumption, durables orders, and unemployment claims data show the economy is growing at a somewhat subdued pace at the beginning of Q4.

    October Personal Income posted +0.4% and Personal Consumption Expenditures a slower +0.1%. PCE core prices were flat for +1.3% over the year, still subdued.

    Private Wages advanced $43 billion after just +1.5 billion in September. Proprietors' income, rents, income receipts, and transfers were all higher. Revisions based on actual Q2 wage data also lifted September wages a little.

    But saving jumped to its highest since December, putting the saving rate at 5.6%.

  • 2015-11-25 08:30

    WASHINGTON (MNI) - The following are the changes in unadjusted initial claims by state for the week ended November 14.

  • 2015-11-25 07:00

    WASHINGTON (MNI) - The following is the summary of the Mortgage Bankers Association report on mortgage applications last week, published Wednesday:

    Mortgage applications decreased 3.2 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending November 20, 2015. The previous week's results included an adjustment for the Veteran's Day holiday.

    The Market Composite Index, a measure of mortgage loan application volume, decreased 3.2 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index increased 6 percent compared with the previous week. The Refinance Index decreased 5 percent from the previous week.

  • 2015-11-24 08:55

    WASHINGTON (MNI) - The following is the text of the weekly retail sales report released by Johnson Redbook Tuesday, for the month-to-date through the week ended Nov. 21:

    The Johnson Redbook Retail Sales Index was up 1.5% in the third week of November following a 1.2% gain the prior week. Month-to-date, November was up 1.3% compared to November of last year (relative to a target of a 2.2% gain). Month-over-month showed a 0.9% gain versus October (relative to a target of a 1.9% gain). November is a four-week month on the retail calendar, ending on November 28th.

    Cooler weather awakened consumer interest in seasonal fall merchandise. Pre-Thanksgiving week food and special promotions drew in customers. Business remains very competitive and promotional.

  • 2015-11-24 08:42

    WASHINGTON (MNI) - The following are top events and news reported Tuesday morning ET by MNI in the world financial system:

    * The U.S. Q3 real GDP revision Tuesday about as expected at 2.1% quarterly growth, but with a slightly weaker composition that sets Q4 up for perhaps less growth. The 0.6 point upward revision to Q3 real growth was on the high side of recent changes. It was accompanied by a favorable upward revision of $61.6 billion to Q2 wages & salaries, which bodes well for consumer spending power. However, for Q3, real final sales were revised slightly lower to show a 2.7% increase. Real final sales are defined as GDP less the change in inventories.

  • 2015-11-24 07:45

    WASHINGTON (MNI) - The following is the text of the Retail Economist's report on same-store sales results, released Tuesday for the week ended Nov. 21:

    The Retail Economist-Goldman Sachs (TRE-GS) Weekly Chain Store Sales Index rebounded by 2.3 percent (seasonally adjusted) compared with its previous week for the period ending on Saturday, November 21. On a year-over-year basis, sales rose by a still sluggish 1.9 percent.

    Michael P.