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Showing posts with the label Services PMI

April’s jobs report; March’s trade deficit, construction spending, new home sales, factory inventories, wholesale inventories, and JOLTS

Major economic reports released last week included the Employment Situation Summary for April and the Job Openings and Labor Turnover Survey (JOLTS) for March, both from the Bureau of Labor Statistics, the Commerce Department’s report on our international trade in goods and services for March , and the March report on Construction Spending (pdf), the March report on new home sales , the Full Report on Manufacturers’ Shipments, Inventories and Orders for March , and the Wholesale Trade, Sales and Inventories report for March , all from the Census Bureau….in addition, the Fed released the Consumer Credit Report for March on Thursday of this week, which indicated that overall consumer credit, a measure of non-real estate debt, had grown by a seasonally adjusted $24.8 billion in March, or at a 5.8% annual rate, as non-revolving credit expanded at a 2.7% annual rate to $3,682.2 billion, while revolving credit outstanding grew at a 9.1% rate to $1,337.0 billion…for the first quarter of 2...

June’s trade deficit, factory inventories, and wholesale sales

Major economic reports released during the past week included the Commerce Department’s report on our International Trade for June , and the Full Report on Manufacturers’ Shipments, Inventories and Orders for June and the June report on Wholesale Trade, Sales and Inventories , both of which were from the Census Bureau…..in addition, this week also saw the Consumer Credit Report for June from the Fed, which reports on non-real estate consumer borrowing, and which indicated consumer credit outstanding grew by a seasonally adjusted ​$7.4 billion in June, or at a 1.8% annual rate, as non-revolving credit grew at a 2.7% rate to $3,757.6 billion, while revolving credit outstanding fell at a 1.0% rate to $1,297.0 billion…for the second quarter, consumer credit grew at a 2.3% annual rate, with revolving credit up at an 0.7% annual and non-revolving credit up at a 2.9% annual rate…. The major private report released this week was the July 2024 Services Report On Business from the Institute...

March trade deficit and wholesale inventories

Economic reports released during the past week included ​the Commerce Dept report on our international trade in goods and services for March and the Wholesale Trade, Sales and Inventories report for March from the Census Bureau….meanwhile, the Fed released the Consumer Credit Report for March on Wednesday of this week, which indicated that overall consumer credit, a measure of non-real estate debt, had grown by a seasonally adjusted $10.2 billion in March, or at a 2.4% annual rate, as non-revolving credit expanded at a 2.7% annual rate to $3,682.2 billion, while revolving credit outstanding grew at a 1.7% rate to $1,324.6 billion…for the first quarter of 2025, consumer credit increased at a 1.5% seasonally adjusted annual rate, as non revolving credit increased at a 1.2% rate while revolving credit increased at a 2.3% rate… The week’s major privately issued report included the April 2025 Services ISM® Report On Business , which reported their Services Index rose to 51.6% in April...

December’s jobs report; November’s trade deficit, factory inventories, wholesale trade, and JOLTS

Major economic reports released last week were the Employment Situation Summary for December and the Job Openings and Labor Turnover Survey (JOLTS) for November, both from the Bureau of Labor Statistics (BLS), the November report on our International Trade from agencies within the Commerce Dept, and the Full Report on Manufacturers’ Shipments, Inventories and Orders for November and the November report on Wholesale Trade, Sales and Inventories , both from the Census Bureau….also last week, the Fed released the Consumer Credit Report for November , which showed that overall consumer credit, a measure of non-real estate debt, decreased by a seasonally adjusted $7.5 billion, or at a 1.8% annual rate, as non-revolving credit grew at a 2.0% rate to $3,743.1 billion in November, while revolving credit outstanding shrunk at a 12.0% rate to $1,359.3 billion…. Privately issued reports released last week included the ADP Employment Report for December , and the December Services Report On ...