Last week’s key releases highlighted rising inflation pressures and weak economic conditions. Headline CPI rose 1.1% in June, lifting yr/yr headline inflation to 5.0%, and the core CPI rose to 2.4%. The 12- month headline inflation has been above 4% in every month but one since last November, as well as on occasion in 2005 [...]
Entries Tagged as 'United States US Economy'
US Economic - Last week’s key releases
July 19th, 2008 · No Comments
Tags: United States US Economy
Major US Economic Indicators - Week of July 21
July 19th, 2008 · No Comments
Mon 21 14:00 Leading Indicators
Tue 22 14:00 Richmond Fed Survey
Wed 23 18:00 Beige Book
Thu 24 12:30 Jobless Claims Wk 7/19
Thu 24 14:00 Existing Home Sales
Fri 25 12:30 Durable Goods Orders
Fri 25 14:00 Consumer Sentiment
Fri 25 14:00 New Home Sales
Leading Indicators
After posting two consecutive small monthly increases, the Conference Board’s index of leading indicators is [...]
Tags: United States US Economy
US May non-farm payrolls drop 49,000, unemployment jumps to 5.5% - worse than expected
June 9th, 2008 · No Comments
NEWS
US May non-farm payrolls drop 49,000, unemployment jumps to 5.5% - worse than expected. Consensus was -60,000 with 5.1% unemployment. This compares to 5.0% in April and -28,000 NFP. There were net -15,000 more NFP losses from revisions. Biggest job losses were in transport/utilities at -41,000 with goods production overall losing 57,000 and construction [...]
Tags: United States US Economy