Gross Domestic Product

Gross Domestic Product

February 28, 2017 – Gross Domestic Product (GDP) is the broadest measure of economic activity within a country and measures the market value of all final goods and services produced within a country over a certain period.  There are four components GDP is created from:  investment (including residential and nonresidential expenditures), consumption (including durable goods, non-durable goods, and services spending), …

20-City Index

S&P / Case-Shiller 20-City Index

February 28, 2017 – The 20-city S&P/Case-Shiller index is a measure of existing home values across 20 metropolitan areas throughout the U.S.  Home values have a broad impact on the economy, including the housing and consumer sectors. The 20-city S&P/Case-Shiller index rose 0.9% in December, equal to the November level and above estimates of a 0.7% increase.  This marks a …

Durable Goods Orders

Durable Goods Orders

February 27, 2017 – Durable goods orders, which are orders to buy products that are expected to last at least 3 years, indicates how busy factories will be in the near future.  As the name suggests, durable orders provide a look into the demand for equipment such as machinery along with other big ticket purchases such as vehicles and appliances. …

Home Sales

Existing Home Sales

February 22, 2017 – Existing home sales provide the number of purchases made for homes, condominiums, and co-ops that have already been built.  Existing home sales give an indication of demand for housing.  While home resales may not generate new construction jobs like those that housing starts do, they have a similar effect on consumer spending as people purchase items …

Retail Sales

Retail Sales

February 15, 2017 – Retail Sales are the total amount of merchandise and related services sold to consumers.  It is considered a sign of strength of U.S. Consumer spending, which accounts for roughly two-thirds of the economy.  This indicator also provides insight into which areas of the retail space are experiencing strong sales, such as auto sales. Retail sales increased …

Consumer Price Index

Consumer Price Index

February 15, 2017 – The Consumer Price Index (CPI) tells us of any inflationary pressures in the economy.  The CPI measures the average price levels of a basket of goods and services purchased by consumers.  The index starts with a base time period (1982-1984, currently) and shows the overall increase since that time.  As with many economic indicators, it can …

Industrial Production Index

Industrial Production Index

February 15, 2017 – The Industrial Production Index (IPI) measures the manufacturing, electric, mining, and gas industries output on a monthly basis. Industrial output fell 0.3% in December, well below December’s revised 0.6% increase and below expectations of no change.  Manufacturing rose 0.2% in line with expectations while the capacity utilization rate came in at 75.3%, slightly below estimates.  The …

Producer Price Index

Producer Price Index

February 14, 2017 – The Producer Price Index (PPI) looks at the average change in selling prices from the viewpoint of domestic producers of both goods and services. Three areas of production are observed: industry-based, commodity-based and commodity-based final demand-intermediate demand. The Producer Price Index experienced a 0.6% increase in January, above consensus expectations of a 0.3% increase; however, it …

Jop Openings and Labor Turnover Survey

JOLTs since 2000

February 7, 2017 – The JOLTs report is the Job Openings and Labor Turnover Survey that tracks several trends in evaluating the labor market. Through JOLTs we are able to see voluntary and involuntary separations from employment in addition to new job openings and hires that have taken place. Job openings in December totaled 5.501 million, slightly below November’s revised …

International Trade Balance

International Trade Balance

February 7, 2017 – The International Trade Balance looks at the U.S. Economy’s transactions with trading partners around the world for goods, services, income, and financial claims on liabilities. It is the major indicator for foreign trade and has implications for the net exports portion of GDP. A positive trade balance represents more exports than imports while the opposite is …