Economy in Brief: November 2006

In October, a 2.8% decline in U.S. sales of light vehicles to 16.16M units retraced most of the prior month's 3.5% increase, according to the Autodata Corporation. During the first ten months of 2006 vehicle sales averaged 16.58M [...]

In October, a 2.8% decline in U.S. sales of light vehicles to 16.16M units retraced most of the prior month's 3.5% increase, according to the Autodata Corporation. During the first ten months of 2006 vehicle sales averaged 16.58M [...]

Purchasing Managers surveys for a number of large countries indicate a modest slowing of manufacturing growth through October. Changes from September are not big, but most are in the same direction and the overall indexes are [...]

The value of construction put in place fell 0.3% during September after a slight decline the prior month which was downwardly revised. Consensus expectations had been for a 0.1% gain and it was the third decline in three months. [...]

The total number of mortgage applications fell a hard 3.0% last week and pulled the average number of applications down 0.6% during October, according to the Mortgage Bankers Association. That was the first m/m decline in total [...]

The Institute for Supply Management reported that last month's composite index of manufacturing sector activity fell to 51.2 from 52.9 during September. The decline was the fifth in the last six months and was to the lowest level [...]

The payroll processor ADP reported that the Nat'l Employment Report indicated a rise in private nonfarm payrolls of 128,000 last month. The October figure from the U.S. Bureau of Labor Statistics will be published this Friday. ADP's [...]

The payroll processor ADP reported that the Nat'l Employment Report indicated a rise in private nonfarm payrolls of 128,000 last month. The October figure from the U.S. Bureau of Labor Statistics will be published this Friday. ADP's [...]