Economic Indicator Results and News .... Click for OneWall.com

Investors using OneWall.com know the highlights of the economic events released that day. During the day updates of indicators are posted including the text of the actual release. OneWall.com also provides an easy to use daily economic calendar.

Economic Results
Beige Book: Economic Activity maintained a slight to modest pace of growth

07/17/24 02:00PM - Overall Economic Activity

Economic activity maintained a slight to modest pace of growth in a majority of Districts this reporting cycle. However, while seven Districts reported some level of increase in activity, five noted flat or declining activity—three more than in the prior reporting period. …more…

May 2024 Industrial Production rose 0.6%, Capacity Utilization moved up to 78.8%

07/17/24 09:15AM - Industrial production rose 0.6 percent in June after advancing 0.9 percent in May. For the second quarter as a whole, industrial production increased at an annual rate of 4.3 percent. Manufacturing output moved up 0.4 percent in June and rose 3.4 percent (annual rate) in the second quarter. In June, the indexes for mining and utilities …more…

June 2024 Housing Starts Increased 3.0%, Permits up 3.4%

07/17/24 08:30AM - Building Permits
Privately-owned housing units authorized by building permits in June were at a seasonally adjusted annual rate of 1,446,000. This is 3.4 percent above the revised May rate of 1,399,000, but is 3.1 percent below the June 2023 rate of 1,493,000. Single-family authorizations in June were at a rate of 934,000; this is 2.3 …more…

Purchase Apps up, Refi's up in Latest MBA Weekly Survey

07/17/24 07:00AM - Mortgage applications increased 3.9 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Applications Survey for the week ending July 12, 2024. The Market Composite Index, a measure of mortgage loan application volume, increased 3.9 percent on a seasonally adjusted basis from one week earlier. On …more…

Business Inventories up 0.5% in May 2024

07/16/24 10:00AM - The combined value of distributive trade sales and manufacturers’ shipments for May, adjusted for seasonal and trading day differences but not for price changes, was estimated at $1,861.4 billion, virtually unchanged (±0.1 percent)* from April 2024, but was up 2.0 percent (±0.3 percent) from …more…

NAHB Builder Confidence down 1 points to 42 in July 2024

07/16/24 10:00AM - Mortgage rates that averaged 6.92% in June per Freddie Mac, along with elevated rates for construction and development loans, continue to put a damper on builder sentiment.

Builder confidence in the market for newly built single-family homes was 42 in July, down one point from June, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) released today. This is the lowest reading since December …more…

U.S. Retail Sales for May 2024 unch%, Ex-Auto up 0.4%

07/16/24 08:30AM - Advance estimates of U.S. retail and food services sales for June 2024, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $704.3 billion, virtually unchanged (±0.5 percent)* from the previous month, but up 2.3 percent (±0.5 percent) above June 2023. Total sales for the April 2024 through …more…

Empire State Manufacturing Survey Conditions declined modestly in July 2024

07/15/24 08:30AM - Business activity continued to decline modestly in New York State, according to firms responding to the July 2024 Empire State Manufacturing Survey. The headline general business conditions index was little changed at -6.6. New orders remained steady, while shipments inched just slightly higher. Delivery times shortened, and supply …more…

University of Michigan Consumer Confidence Preliminary July 2024 Results down to 66.0

07/12/24 10:00AM - For the second straight month, consumer sentiment is essentially unchanged. July's reading was a statistically insignificant 2 index points below last month, well within the margin of error. Although sentiment is more than 30% above the trough from June 2022, it remains stubbornly subdued. Nearly half of consumers still object to the impact …more…

Weekly Initial Unemployment Claims Decrease 17,000 to 222,000

07/11/24 08:30AM - In the week ending July 6, the advance figure for seasonally adjusted initial claims was 222,000, a decrease of 17,000
from the previous week's revised level. The previous week's level was revised up by 1,000 from 238,000 to 239,000. The
4-week moving average was 233,500, a decrease of 5,250 from the previous week's revised average. The …more…