In a reort for Natural gas storage rose 47 billion cubic feet for the April 15 week to 1,654 bcf. A 50 bcf injection was expected.… read more
Tag Archives: economic reports
Economic Reports for Tomorrow April 21,2011
Be prepared for the following Economic Reports for Tomorrow April 21,2011: Weekly Bill Settlement Jobless Claims 8:30 AM ET Philadelphia Fed Survey 10:00 AM ET Leading Indicators 10:00 AM ET EIA Natural Gas Report 10:30 AM ET 3-Month Bill Announcement 11:00 AM ET 6-Month Bill Announcement 11:00 AM ET 2-Yr Note Announcement 11:00 AM ET 5-Yr Note Announcement 11:00 AM ET 7-Yr Note Announcement… read more
MBA Purchase Applications
FHA insurance premiums scheduled to increase helped cause a 10% surge in Mortgage applications during the week of April 15th 2011. According to the refinance index there was a 2.7% increase due to the fall in 30 yr. interest rates to an of average of 4.83% (What is MBA: Mortgage Banker’s Association)… read more
Retail sales increase for the ninth consecutive gain.
Released on 4/13/2011 8:30:00 AM For Mar, 2011 Prior Consensus Consensus Range Actual Retail Sales – M/M change 1.0 % 0.5 % 0.0 % to 1.2 % 0.4 % Retail Sales less autos – M/M change 0.7 % 0.7 % 0.2 % to 1.8 % 0.8 % Market Consensus Before Announcement Retail sales in February surged 1.0 percent, following a 0.7 percent boost in January and a 0.6 percent… read more
Market News – Jobless claims drop last week
WASHINGTON (AP) — Fewer people applied for unemployment benefits last week, a sign that layoffs are dropping and employers may be hiring more workers. The Labor Department says the number of people seeking benefits dropped 10,000 to 382,000 in the week ending April 2. That’s the third drop in four weeks. The four-week average of applications, a less… read more
Consumer Spending rises 0.7 % in February
By MARTIN CRUTSINGERAP Economics Writer WASHINGTON (AP) — Consumers spending rise in February at the fastest pace in four months, but a big part of the increase went to cover higher prices for gas. The Commerce Department says consumer spending rose 0.7 percent in February. Personal incomes rose 0.3 percent. That was after a 1.2 percent January… read more
U.S. fourth quarter growth revised up to 3.1%
WASHINGTON, March 25 (Reuters) – The U.S. economy grew more quickly than previously estimated in the fourth quarter as businesses maintained fairly solid spending and restocked shelves to meet rising demand, while corporate profits increased 3.3 percent, a government report showed on Friday. Gross domestic product growth was revised up to an annualized rate of… read more
New U.S. Jobless claims fell last week.
WASHINGTON, March 24 (Reuters) – New U.S. claims for unemployment benefits fell as expected last week, with the four-week moving average dropping to its lowest level in more than 2-1/2 years, showing the labor market healing was becoming entrenched. Initial claims for state unemployment benefits slipped 5,000 to a seasonally adjusted 382,000, the Labor Department said… read more
New-home sales plunged in February to record low.
WASHINGTON (AP) — Buyers of new homes plunged in February to the fewest on records dating back nearly half a century, a dismal sign for an already-weak housing market. The Commerce Department says new-home sales fell 16.9 percent last month to a seasonally adjusted annual rate of 250,000 homes. It’s the third straight monthly decline and far below the… read more
Market news – Retails sales spike in February.
Released on 3/11/2011 8:30:00 AM For Feb, 2011 Prior Consensus Consensus Range Actual Retail Sales – M/M change 0.3 % 1.0 % 0.1 % to 1.5 % 1.0 % Retail Sales less autos – M/M change 0.3 % 0.7 % 0.3 % to 1.3 % 0.7 % Highlights Retail sales spiked in February on higher auto sales and on higher gasoline sales. But other components were mostly robust. And… read more