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US manufacturing and trade inventories and sales, June 2024
The U.S. Census Bureau announced the following new manufacturing and trade statistics for June 2024. The combined value of distributive trade sales and manufacturers’ shipments for June, adjusted for seasonal and trading day differences but not for price changes, was estimated at $1,857.9 billion, down 0.1 percent (±0.2 percent)* from May 2024, but was up 2.2 percent (±0.3 percent) from June 2023. Inventories Manufacturers’ and trade inventories for June, adjusted for seasonal and trading day differences but not for price changes, were estimated at an end-of-month level of $2,567.5 billion, up 0.3 percent ... (full story)
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From bnnbloomberg.ca|Aug 15, 2024|5 commentsUS retail sales accelerated in July by the most since early 2023 in a broad advance that points to a resilient consumer, even in the face of high prices and borrowing costs. The ...
From @DeItaone|Aug 15, 2024|1 commentpost: FED'S MUSALEM: DON'T THINK THE FED IS BEHIND THE CURVE, ECONOMY DOING VERY WELL post: FED'S MUSALEM: JUST HAVE TO BE CONFIDENT THAT INFLATION TREND IS SECURE post: FED'S MUSALEM: RISKS TO CUTTING TOO EARLY OR TOO LATE post:
FED'S MUSALEM: **AM NOT IN FAVOR OF CHANGING INFLATION TARGET **MARKET VOLATILITY HAPPENS ALL THE TIME **AS A POLICYMAKER, ONLY CARE ABOUT VOLATILITY TO EXTENT IT TIGHTENS FINANCIAL CONDITIONS post: FED'S MUSALEM: MODELS SUGGEST INTEREST RATES GOING FORWARD LIKELY TO BE HIGHER THAN PRE PANDEMIC
From floordaily.net|Aug 15, 2024Industrial production fell 0.6% in July after increasing 0.3% in June, according to the Federal Reserve. Early July shutdowns concentrated in the petrochemical and related ...
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From nahb.org|Aug 15, 2024A lack of affordability and buyer hesitation stemming from elevated interest rates and high home prices contributed to a decline in builder sentiment in August. Builder confidence ...
From mba.org|Aug 15, 2024The delinquency rate for mortgage loans on one-to-four-unit residential properties increased to a seasonally adjusted rate of 3.97 percent of all loans outstanding at the end of ...
From conference-board.org|Aug 15, 2024The Conference Board Leading Economic Index® (LEI) for Australia ticked down by 0.1 percent in June 2024 to 113.8 (2016=100), a partial reversal of an increase of 0.3 percent in ...
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- Posted: Aug 15, 2024 10:00am
- Submitted by:Category: Low Impact Breaking NewsComments: 0 / Views: 2,346
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