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Retail Sales Surge In March, Beating Estimates - April 14, 2014
, which had been expected to gain a solid 0.8% last month, instead surged by an even more formidable 1.1% in March. That increase, meanwhile, was the biggest one-month uptick since September of 2012.
Producer Prices Jump Up In March - April 11, 2014
Producer Prices Index
(PPI), the leading gauge of wholesale price inflation, rose by a strong 0.5% last month, easily eclipsing the 0.1% expectation, according to data released by the U.S. Labor Department earlier this morning. The PPI had fallen slightly in February, declining by 0.1%. That was the first drop in the PPI since a similar nominal contraction last May.
Gains In Nonfarm Payrolls Seen In March; Unemployment Rate Little Changed - April 4, 2014
received some more encouraging news on the
Department of Labor
released its report on
for the month of March at 8:30 (EDT). Specifically, the report showed that the nation’s nonfarm payrolls increased by 192,000 last month and that job growth has averaged 183,000 per month over the last year.
Non-Manufacturing Activity Strengthens In March
For the second time in three days, the
Institute for Supply Management
) has issued a report on the state of the
. And for the second time in that brief span, the results have been positive.
Manufacturing Continues To Track Higher - April 1, 2014
It was not a game-changing report issued earlier this morning; indeed, no change in direction was inferred. However, the latest
was somewhat encouraging, as it suggested that after the long and arduous winter, the
was alive and well--if hardly booming.
Final Revision To Fourth-Quarter 2013 GDP Shows 2.6% Growth - March 27, 2014
With some recent negative headlines, including a moderation in China’s and Germany’s manufacturing activity, the geopolitical tensions in Eastern Europe, and a continuation in the Federal Reserve’s bond-buying tapering, investors welcomed an encouraging report this morning from the U.S. Government, which issued its final revision to its fourth-quarter 2013
estimate at 8:30 A.M. (EDT).
Durable Goods Orders Gain In A Mild February Surprise
New orders for manufactured
increased by $5.0 billion, or a solid 2.2%, to $229.4 billion in February, according to the U.S.
, in a data issuance made at 8:30 (EDT) this morning. That increase followed back-to-back declines in this volatile series in December and January.
New Home Sales Fall In February Under Pressure From The Weather - March 25, 2014
At 10:00 A.M. (EDT), we received the latest report on the
steadily improving housing market
when the U.S. Department of Commerce issued
for the month of
. The report made for disappointing reading, as
new home sales fell
both on a sequential and year-over-year basis.
Existing Home Sales Edge Lower In February - March 20, 2014
ticked a bit lower in February, edging down by less than half a percentage point from the month before, in a basically on-target economic release.
Housing Starts Edge Lower In February, But Permits Rise - March 18, 2014
In just a slight surprise, but not much in the way of bad news, the Commerce Department earlier this morning issued data showing that
U.S. housing starts
had edged nominally lower last month, while building permits, a more forward-looking metric, had moved up strongly. A gain had been forecast in the former housing category; a flattish reading had been seen for permits.