• • • PREVIOUS >>> Sales of new single-family homes declined 4.4% (+14.3% y/y) during February to 765,000 (AR) from 800,000 in January............. The data in this report are available in Haver's USECON database. The consensus [...]
Global| Apr 23 2020TT
Global| Apr 23 2020Kansas City Fed Factory Index Weakens Further
• Midwest economic activity is under pressure. • New orders, employment and prices are falling. • Expectations improve modestly. The Federal Reserve Bank of Kansas City reported that its manufacturing business activity index declined [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 23 2020U.S. Claims for Unemployment Insurance Slip, but Remain Historically High
• Initial claims for jobless insurance eased to 4.427 million last week. • Roughly 26 million individuals filed new claims during the last five weeks. • The insured jobless rate jumped to 11.0%. Initial jobless claims for unemployment [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 23 2020New Home Sales Fall in March; More Drops Likely Ahead
• New single-family dropped 15.4% in March to 627,000 with meaningful downward revisions to January and February. • Despite the weakness in March and downward revisions, sales remain elevated relative to recent history. • [...]
Global| Apr 23 2020Germany: The Hammer Falls on Confidence in May
The expectation for German confidence in May has taken the sharpest, deepest and broadest turn for the worse on record. The German April reading had taken 'a step down' and a significant one at that. But the full realization of what [...]
Global| Apr 23 2020U.S. Claims for Unemployment Insurance Slip, but Remain Historically High
• Initial claims for jobless insurance eased to 4.427 million last week. • Roughly 26 million individuals filed new claims during the last five weeks. • The insured jobless rate jumped to 11.0%. Initial jobless claims for unemployment [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 23 2020U.S. Claims for Unemployment Insurance Slip, but Remain Historically High
• Initial claims for jobless insurance eased to 4.427 million last week. • Roughly 26 million individuals filed new claims during the last five weeks. • The insured jobless rate jumped to 11.0%. Initial jobless claims for unemployment [...]
by:Tom Moeller
|in:Economy in Brief
Global| Apr 22 2020U.K. Inflation Steps Back; COVID-19 Lurks Less Than People Think
U.K. inflation has remained tame. In December there was a broad-based acceleration, but that has dissipated in February and March. In March and February, only about 21% of the major categories and the headline accelerated month-to- [...]
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