Marketwatch 666

The key economic reports that were released this week were the 2nd estimate of 3rd quarter GDP and the October report on Personal Income and Spending , both from the Bureau of Economic Analysis; other major agency releases were the Advance Report on Durable Goods for October and the October report on new home sales , both from the Census bureau….The week also saw the release of the Chicago Fed National Activity Index (CFNAI) for October , a weighted composite index of 85 different economic metrics, which fell to -0.40 in October from -0.27 in September, which was revised up from the –0.28 reading reported for September last month…as a result, the more often cited 3 month average of the CFNAI fell to -0.24 in October, down from a revised –0.21 in September, which, as a negative index number, indicates that national economic activity has been below the historical trend over the most recent months…. This week also saw the release of the last three regional Fed manufacturing surveys fo...

There were just two widely watched economic reports released this past week: the October report on New Residential Construction from the Census bureau, and the Existing Home Sales Report for October from the National Association of Realtors…in addition, the Bureau of Labor Statistics released the Regional and State Employment and Unemployment for October , a report which breaks down the two employment surveys from the monthly national jobs report by state and region….while the text of that report provides a useful summary of this data, the serious statistics aggregation can be found in the tables linked at the end of the report, where one can find the civilian labor force data and the change in payrolls by industry for each of the 50 states, the District of Columbia, Puerto Rico, and the Virgin Islands… This week also saw the release of two more regional Fed manufacturing survey for November: the Philadelphia Fed Manufacturing Survey , covering most of Pennsylvania, southern New Je...

Major reports released ​last week included the September Consumer Price Index , the September Producer Price Index , and the September Import-Export Price Index , all from the Bureau of Labor Statistics, the Retail Sales Report for October and the associated Business Sales and Inventories Report for September , both from the Census Bureau, and the October report on Industrial Production and Capacity Utilization from the Fed​....T​h​e week also saw the release of the first regional Fed manufacturing survey for November: the Empire State Manufacturing Survey from the New York Fed, which covers all of New York state, a suburban NYC county in Connecticut, Puerto Rico and northern New Jersey, reported their headline general business conditions index rose from -11.9 in October to +31.2 in November, its highest reading in nearly three years, meaning that a significant majority of Second District manufacturers are now reporting improving conditions, after the had reported deteriorating busi...

Economic reports released last week included the Commerce Department's report on our International Trade for September , and the Full Report on Manufacturers’ Shipments, Inventories and Orders for September , and the September report on Wholesale Trade, Sales and Inventories , both from the Census Bureau…. The week also saw the Consumer Credit Report for September from the Fed, which reports on non-real estate consumer borrowing, and which indicated consumer credit outstanding grew by a seasonally adjusted $6.0 billion in June, or at a 1.4% annual rate, as non-revolving credit grew at an 1.6% rate to $3,745.4 billion, while revolving credit outstanding grew at a 0.9% rate to $1,357.6 billion…during the third quarter, consumer credit increased at a seasonally adjusted 3.2% rate, as revolving credit increased at a 2.8% annual rate, while nonrevolving credit increased at an 3.4% annual rate…. Privately issued reports included the widely followed service industry purchasing manage...