U.S. Data

  • 2019-03-22 10:12


    --Jan Wholesale Sales Up 0.5%; Inv/Sales Ratio Rises To 1.34
    --Business Sales Tracking +0.1%

    WASHINGTON (MNI) - January wholesale inventories increased by 1.2%, vs. +0.1% expected by both a Bloomberg consensus and an MNI survey of analysts, while wholesale sales were up 0.5% in the month, data released by the U.S. Commerce Department Friday showed.

    Retail trade sales, those excluding food services sales, were already reported up 0.2% in January's retail sales release, while factory shipments fell 0.4%, so an MNI calculation sees business sales tracking for a 0.1% gain.

    Factory inventories were already reported up 0.5%. Since advance retail inventories have not been released, MNI cannot calculate a preliminary estimate for business inventories.

  • 2019-03-20 07:00


    WASHINGTON (MNI) - The following is the text of the Mortgage Bankers Association's Mortgage Applications Survey released Wednesday morning:

    Mortgage applications increased 1.6 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending March 15, 2019.

    The Market Composite Index, a measure of mortgage loan application volume, increased 1.6 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index increased 2 percent compared with the previous week. The Refinance Index increased 4 percent from the previous week.

  • 2019-03-19 10:15


    --Factory Inventories Up 0.5%
    --Orders Up On Machinery, Electrical Equipment, and Transportation

    WASHINGTON (MNI) - The value of new factory orders rose 0.1% in January, below the 0.3% increase expected by analysts in an MNI survey and the Bloomberg consensus, data released by the Commerce Department Tuesday morning showed.

    Durable goods orders were revised down to a 0.3% gain from the 0.4% increase in the advanced estimate. Nondurable goods orders fell 0.2% on declines in chemical products, petroleum and coal products, and textile products. Nondurable goods new orders are equivalent to nondurable goods shipments in this report.

  • 2019-03-13 07:00


    WASHINGTON (MNI) - The following is the text of the Mortgage Bankers Association's Mortgage Applications Survey released Wednesday morning:

    Mortgage applications increased 2.3 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending March 8, 2019.

    The Market Composite Index, a measure of mortgage loan application volume, increased 2.3 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index increased 3 percent compared with the previous week. The Refinance Index decreased 0.2 percent from the previous week.

  • 2019-03-06 09:30


    --Census Goods Gap $80.4b Vs $79.5b Advance Estimate

    WASHINGTON (MNI) - The U.S. international trade gap widened to $59.8 billion in December from $50.3 billion, a wider gap than both the $57.2 billion deficit expected by an MNI survey and the $57.9 billion expected by the Bloomberg consensus, data released by the Commerce Department Wednesday morning showed.

    The December gap was the largest since October 2008 and the 2018 total gap, at $621.0 billion after $552.3 billion in 2017, was the largest since 2008, at the start of the last recession.

    The unadjusted trade gap actually narrowed in December to $73.8 billion from $74.8 billion in November, so seasonal adjustment factors accounted for much of wider headline December gap.

  • 2019-03-06 08:00


    WASHINGTON (MNI) - The following is the text of the Mortgage Bankers Association's Mortgage Applications Survey released Wednesday morning:

    Mortgage applications decreased 2.5 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending March 1, 2019. The results for the week ending February 22, 2019, included an adjustment for the Washington's Birthday (Presidents' Day) holiday.

    The Market Composite Index, a measure of mortgage loan application volume, decreased 2.5 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index increased 10 percent compared with the previous week. The Refinance Index decreased 2 percent from the previous week.

  • 2019-03-05 07:13


    SYDNEY (MNI) - Australian National Accounts data for the December quarter will be released Wednesday and will be closely watched by the Reserve Bank of Australia for growth forecasts.

    Here are five things to look for in the release from the Australian Bureau of Statistics.

    --Annual growth expected at 2.4%.

    The market is anticipating Q4 growth data tomorrow to come in at around 0.2%, delivering an annualised rate of 2.4%.

    --Growth slowing rapidly.

    The Q3 data showed seasonally adjusted 0.3% growth in the September quarter for an annualised GDP figure of 2.8%, and this result came in much lower than market expectations. The Q2 growth figure was 3.0%, illustrates the pace at which the Australian economy is slowing.

    --Implications for RBA.

  • 2019-02-27 11:09


    --Factory Inventories Flat; Business Inventories Tracking +0.6%

    WASHINGTON (MNI) - The value of new factory orders rose 0.1% in December, well below the 0.9% increase expected by analysts in an MNI survey and the Bloomberg consensus for a 0.8% gain, data released by the Commerce Department Wednesday morning showed.

    Durable goods orders were revised up to a 1.2% gain from the 0.1% decrease reported in the advance estimate. Nondurable goods orders down 1.0% on declines in petroleum and coal products, beverages, and food products. Nondurable goods new orders are equivalent to nondurable goods shipments in this report.

  • 2019-02-27 08:00


    WASHINGTON (MNI) - The following is the text of the Mortgage Bankers Association's Mortgage Applications Survey released Wednesday morning:

    Mortgage applications increased 5.3 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending February 22, 2019. This week's results include an adjustment for the Washington's Birthday (Presidents' Day) holiday.

    The Market Composite Index, a measure of mortgage loan application volume, increased 5.3 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index decreased 3 percent compared with the previous week. The Refinance Index increased 5 percent from the previous week.

  • 2019-02-25 11:00


    --Dec Wholesale Sales Down 1.0%; Inv/Sales Ratio Rises To 1.33

    WASHINGTON (MNI) - December wholesale inventories increased by 1.1%, vs. +0.1% expected by an MNI survey of analysts and the +0.4% Bloomberg consensus, while wholesale sales were down 1.0% in the month, data released by the U.S. Commerce Department on Monday showed.

    Retail trade sales, that is those excluding food services sales, were already reported down 1.3% in December's retail sales release.

    Advance retail inventories and factory inventories and shipments will all be released on Wednesday, allowing MNI to make a preliminary calculation of business inventories and sales at that point.