Economics News Results

  • Housing Starts and Existing Home Sales on the Docket -- Data Week Ahead

    The following are forecasts for next week's U.S. data from a survey compiled by The Wall Street Journal. DATE TIME RELEASE PERIOD CONSENSUS PREVIOUS Monday 0915 Industrial Production Sep +0.2% +0.4% 0915 Capacity Utilization Sep 76.5% 76.4% 1000 Housing Mkt Index Oct 76 76 Tuesday 0830 Housing Starts Sep 1.61 M 1.615 M-- percent change Sep -0.3% +3.9% 0830 Building Permits Sep 1.69 M 1.728 M-- percent change Sep -2.2% +6.0% Thursday 0830 Jobless Claims Oct 16 293 K 293 K 0830 Phila...

  • U.S. Consumer Sentiment Decreased in Early October -University of Michigan

    Consumer sentiment in the U.S. fell slightly in early October as the spread of the Covid-19 Delta variant and supply- chain strains weighed on Americans' mood. The preliminary estimate of the index of consumer sentiment released Friday by the University of Michigan decreased to 71.4 in October from 72.8 in September. The reading missed estimates from economists polled by The Wall Street Journal, who expected the indicator to come in at 73.0.

  • Inflation in Nigeria Eased Again in September

    Special to Dow Jones Newswires. IBADAN, Nigeria--The annual rate of inflation in Nigeria fell to 16.63% in September from 17.01% in August, the National Bureau of Statistics said in a report released Friday. The NBS report said food-price inflation slid to 19.57% in September from 20.30% the previous month.

  • Canada Housing Sales, Prices Jump in September on Tight Supply

    OTTAWA--Canadian existing home sales rose in September, the first month-over-month increase since March, and prices also jumped, partly reflecting a real-estate market with little inventory available for would-be buyers. Sales increased 0.9% in September from August, the Canadian Real Estate Association said Friday. On an actual, non- seasonally adjusted basis, transactions fell nearly 18% in September from a year ago.

  • U.S. Retail Sales Rose 0.7% in September

    Retail sales rose 0.7% as American consumers stepped up their spending in September, a sign of resilient demand and rising inflation. Write to David Harrison at david.harrison@wsj.com. (END) Dow Jones Newswires 10-15-21 0847 ET Copyright (c) 2021 Dow Jones& Company, Inc..

  • New York Factory Activity Eased in October Amid Severe Supply-Chain Shortages -- NY Fed

    Manufacturing activity in New York expanded in October at a slower pace than the previous month amid persisting supply-chain disruptions, according to a survey from the Federal Reserve Bank of New York released Friday. The Empire State Manufacturing Survey's general business conditions index eased to 19.8 in October from 34.3 in September, missing the 26.5 level expected by economists polled by The Wall Street Journal. Any reading above zero suggests that the region's...

  • Retail Sales Seen Down in September -- Data Week Ahead

    The following are forecasts for this week's U.S. data from a survey compiled by The Wall Street Journal. Forecasts were last updated Monday afternoon. DATE TIME RELEASE PERIOD CONSENSUS PREVIOUS Friday 0830 Retail Sales Sep -0.2% +0.7%-- ex autos Sep +0.5% +1.8% 0830 Import Prices Sep +0.5% -0.3% 0830 NY Empire St Fed Svy Oct 26.5 34.3 1000 Consumer Sentiment Oct 73.0 72.8* 1000 Business Inventories Aug +0.6% +0.5%* End-Sept Reading.

  • Fed Minutes Hint at November Start for Tapering; Bowman, Summers Give Inflation Warnings as Price Increases Accelerate

    Minutes of the Federal Reserve's Sept. 21-22 meeting showed a stronger consensus over reducing the central bank's bond buying amid signs that higher inflation and strong demand could call for tighter monetary policy next year. Under plans discussed last month, the Fed would reduce its purchases by $15 billion a month, potentially starting the taper in mid-November. If the Fed follows that schedule, purchases would conclude in July.

  • New Zealand House Price Increases Appear to Moderate in September

    WELLINGTON, New Zealand--House price increases moderated in New Zealand in September and the number of sales fell due to a pandemic lockdown in Auckland, the largest city. The median house sale price of 795,000 New Zealand dollars was 15.4% higher than a year earlier, but the rate of increase was less than August's 25% jump, according to Real Estate Institute figures released Thursday. The institute said its house price index was 30.4% higher than a year earlier in September...

  • Retail Sales Seen Down in September -- Data Week Ahead

    The following are forecasts for this week's U.S. data from a survey compiled by The Wall Street Journal. Forecasts were last updated Monday afternoon. DATE TIME RELEASE PERIOD CONSENSUS PREVIOUS Thursday 0830 Jobless Claims Oct 9 318 K 326 K 0830 Producer Price Index Sep +0.6% +0.7%-- ex food& energy Sep +0.5% +0.6%-- ex food, energy, trade Sep +0.4% +0.3% Friday 0830 Retail Sales Sep -0.2% +0.7%-- ex autos Sep +0.5% +1.8% 0830 Import Prices Sep +0.5% -0.3% 0830 NY Empire St Fed Svy Oct 26.5...

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