Jobless Claims At a Glance
Initial Claims: 554,000
Change from Last Week: Down 21,000
4-Week Moving Average: 543,750
Insured Unemployment Rate: 3.3%
Insured Unemployment: 4,384,000
All numbers seasonally adjusted.
Mortgage Applications Survey At a Glance
Adjusted seasonally
Market Composite Index: 841.4
Change: Up 2.9%
Purchase Index: 286.1
Change: Down 4.5%
Refinance Index: 4156.0
Change: Up 6.5%
4-Week Moving Average: Up 17.9%
30-year Fixed Rate: 5.18% with 1.13 points
Technorati Tags: mortgages, mortgage, interest, rates, applications, housing market
Current Account At a Glance
Current Account Deficit: $174.1 billion
Quarterly Change: Down $6.8 billion
Goods Deficit: $214.7 billion
Quarterly Change: Down $1.6 billion
Services Surplus: $38.2 billion
Quarterly Change: Up $2 billion
Income Surplus: $30.8 billion
Quarterly Change: Up $2.6 billion
Technorati Tags: current account, deficit
Federal Funds Rate: 0.0% to 0.25% range
Discount Rate: 0.5%
Overall, the outlook for economic activity has weakened further
…inflationary pressures have diminished appreciably…the Committee expects inflation to moderate further in coming quarters.
…weak economic conditions are likely to warrant exceptionally low levels of the federal funds rate for some time.
Technorati Tags: federal funds, interest, rate, Federal Reserve, Federal [...]
Housing Starts At a Glance
Seasonally Adjusted
Housing Starts: 625,000.
Monthly Change: Down 18.9%
Year-to-year Change: Down 47%
1-Family Monthly Change: Down 16.9%
Housing Completions: 1,084,000
Monthly Change: Up 3.3%
Year-to-year Change: Down 22.8%
1-Family Monthly Change: Up 0.9%
Building Permits: 616,000
Monthly Change: Down 15.6%
Year-to-year Change: Down 48.1%
1-Family Monthly Change: Down 12.3%
Technorati Tags: housing starts, new residential construction, residential construction, home construction
CPI At a Glance
CPI-U: 212.425
Monthly Change: Down 1.9%
Year-to-year Change: Up 1.1%
Core CPI-U: unchanged [Seasonally adjusted]
CPI-W: 207.296
Monthly Change: Down 2.3%
Year-to-year Change: Up 0.7%
Chained CPI-U: 124.784
Monthly Change: Down 2%
Year-to-Year Change: Up 0.7%
Important notes: Numbers are not seasonally adjusted unless noted; base year=100 for CPI-U and CPI-W is 1982-1984; base year for C-CPI-U is 1999.
Technorati Tags: Consumer, [...]
