CCL Market Update: Retail Sales, Business Inventories, Housing Market Index, Mortgage Applications, Housing Starts, Jobless Claims, Leading Indicators

Retail Sales

US retail sales rose at a solid pace in April, a sign that consumers may be rebounding from weak spending seen earlier this year and is driving stronger economic growth. Retail sales increased at a 0.3 percent rate in April, down from a 0.8 percent gain in March, revised higher from the original 0.6 […]

By |May 21st, 2018|CCL Market Updates|0 Comments

CCL Market Update: Consumer Credit, Jerome Powell Fed Chair Speaks, JOLTS, Mortgage Applications, PPI-FD, Wholesale Trade, Consumer Price Index, Jobless Claims, Treasury Budget, Import & Export Prices, Consumer Sentiment

Consumer Credit

The Federal Reserve claimed consumer credit in March grew at a seasonally adjusted annual rate of 3.6% or $11.6 billion, this is down from a 4.3% rate in February and marks the slowest gain since September of last year. Economists’ predicted an expected $15.6 billion increase. February’s gain was revised higher to show a […]

By |May 14th, 2018|CCL Market Updates|0 Comments

CCL Market Update: Personal Income & Outlays, Pending Home Sales, PMI Manufacturing Index, ISN Non Mfg Index, Construction Spending, Mortgage Applications, FOMC Meeting, Jobless Claims, Employment Situation

Personal Income and Outlays

Personal income and outlays post gains for the fifth straight month. The personal income and outlays report, recorded by the BEA, show wages and salaries increasing for the fifth straight month. Personal income increased by an estimated $47.8 billon or 0.3 percent in March. Disposable income increased by 0.3 percent as well, […]

By |May 7th, 2018|CCL Market Updates|0 Comments

CCL Market Update: Existing Homes Sales, S&P Corelogice Case-Shiller HPI, FHFA House Price Index, New Home Sales, Consumer Confidence, Durable Goods Orders, International Trade In Goods, Jobless Claims, GDP, Employment Cost Index

Existing Homes Sales

Existing home sales increased in March for the second consecutive month, however inventory shortages continue to be an issue, as home sales continue to fall below last year’s levels. Existing home sales increased 1.1 percent on a monthly basis in March; from 5.54 million in February to 5.60 million in March. Even though […]

By |April 30th, 2018|Uncategorized|0 Comments

CCL Market Update: PMI Manufacturing Index, ISM Mfg Index, Construction Spending, Mortgage Applications, PMI Services Index, ISM Non-Mfg Index, Jobless Claims, Employment Situation

PMI Manufacturing Index

The manufacturing PMI finished March at a steady and firm rate of 55.6, 1 tenth lower than the mid month flash and three tenths above February’s reading. Strength in new orders; including export orders, is a highlight of the March report as is a 3-year high for business expectations. Output is strong but […]

By |April 9th, 2018|CCL Market Updates|0 Comments

CCL Market Update: S&P Corelogic Case-Shiller HPI, Consumer Confidence, Mortgage Applications, GDP, International Trade In Goods, Pending Home Sales, Jobless Claims, Personal Income & Outlays, Consumer Sentiment

S & P Corelogic Case-Shiller HPI

Home prices are up; first it was at three and half year highs last week in FHFA’s data and today and Case-Shiller beats the top end of estimates with a very strong 0.8 percent monthly gain for a 6.4 percent year on year rate that matches November of last year’s […]

By |April 2nd, 2018|CCL Market Updates|0 Comments

CCL Market Update: Mortgage Applications, Existing Home Sales, FOMC Meeting Announcement, Fed Chair Press Conference, Jobless Claims, FHFA House Price Index, PMI Composite Flash, Durable Goods Orders, New Home Sales

Mortgage Applications

Purchase applications for home mortgages rose a seasonally adjusted one percent in the week of March 16th; this raises the year on year gain in the unadjusted Purchase Index by three percentage points to six percent. But applications for refinancing continued their decline driven by rising rates, the fell 5 percent from the […]

By |March 26th, 2018|CCL Market Updates|0 Comments

CCL Market Update: Consumer Price Index, Mortgage Applciations, PPI, Retail Sales, Business Inventories, Jobless Claims, Import and Export Prices, Housing Starts, Consumer Sentiment, JOLTS

Consumer Price Index

Last week’s average hourly earnings set the pace for February’s inflation readings, where the reading is subdued. Both the CPI and core CPI, increased by only 0.2 percent as was expected with the yearly rate at 2.2 percent overall; also expected. But, the core was only at 1.8 percent for a reading 1 […]

By |March 20th, 2018|CCL Market Updates|0 Comments

CCL Market Update: PMI Services Index, ISM Non-Mfg Index, Factory Orders, Mortgage Applications, International Trade, Beige Book, Jobless Claims, Employment Situation

PMI Services Index

PMI services in comparison to other sample surveys have been soft but this index reports strength and signs of acceleration. Driven by new orders, PMI held on to its strong gains seen mid-month; as it matched the level of the February flash, with a final score of 55.9. This is up sharply increasing […]

By |March 12th, 2018|CCL Market Updates|0 Comments

CCL Market Update: New Home Sales, Durable Goods Orders, International Trade in Goods, Fed Chair Speech, S & P Corelogic Case-Shiller HPI, FHFA House Price Index, Consumer Confidence, Mortgage Applications, GDP, Pending Home Sales, Jobless Claims, Personal Income & Outlays, Construction Spending, Consumer Sentiment

New Home Sales

Sales of new homes slowed but not all the data in January’s new home sales report are negative. New home sales came in at a much lower than expected 593,000 annualized rate in January though, in offsets, the two prior months are revised a net 25,000 higher. Supply saw a much needed lift […]

By |March 5th, 2018|CCL Market Updates|0 Comments