Household Change in Net Worth 1.39 Trillion vs 1.49 Trillion Prior Sep 18, 2014 12:00PM

Household Change in Net Worth 1.39 Trillion vs 1.49 Trillion Prior


Natural Gas Inventory 90 bcf vs 91 bcf Expected Sep 18, 2014 10:31AM

Natural Gas Inventory 90 bcf vs 91 bcf Expected


Philadelphia Fed Business Outlook 22.5 vs 23 Expected Sep 18, 2014 10:00AM

Philadelphia Fed Business Outlook 22.5 vs 23 Expected


UPDATE: U.S. Housing Starts Miss Expectations at 956K in August (XHB) Sep 18, 2014 08:36AM

(Updated - September 18, 2014 8:36 AM EDT)

August Housing Starts 956K vs 1037K Expected, Down 14.4% MoM

UPDATE - More from the U.S. Dept. of Housing and Urban Development:

The U.S. Census Bureau and the Department of Housing and Urban Development jointly announced the following new residential
construction statistics for August 2014:

BUILDING PERMITS

Privately-owned housing units authorized by building permits in August were at a seasonally adjusted annual rate of 998,000. This is 5.6 percent (±1.4%) below the revised July rate of 1,057,000, but is 5.3 percent (±1.7%) above the August 2013 estimate of 948,000.

Single-family authorizations in August were at a rate of 626,000; this is 0.8 percent (±1.5%)* below the revised July figure of 631,000. Authorizations of units in buildings with five units or more were at a rate of 343,000 in August.

HOUSING STARTS

Privately-owned housing starts in August were at a seasonally adjusted annual rate of 956,000. This is 14.4 percent (±7.9%) below the revised July estimate of 1,117,000, but is 8.0 percent (±11.2%)* above the August 2013 rate of 885,000.

Single-family housing starts in August were at a rate of 643,000; this is 2.4 percent (±9.7%)* below the revised July figure of 659,000. The August rate for units in buildings with five units or more was 304,000.

HOUSING COMPLETIONS

Privately-owned housing completions in August were at a seasonally adjusted annual rate of 892,000. This is 3.2 percent (±13.0%)* above the revised July estimate of 864,000 and is 16.9 percent (±14.7%) above the August 2013 rate of 763,000.

Single-family housing completions in August were at a rate of 591,000; this is 8.2 percent (±9.7%)* below the revised July rate of 644,000. The August rate for units in buildings with five units or more was 292,000.

Traders are watching the following stocks and ETFs:

D.R. Horton, Inc. (NYSE: DHI)
Pulte Group (NYSE: PHM)
KB Home (NYSE: KBH)
Lennar Corp. Cl A (NYSE: LEN)
Hovnanian Enterprises Inc. Cl A (NYSE: HOV)
Standard Pacific Corp. (NYSE: SPF)
Toll Brothers, Inc. (NYSE: TOL)
Ryland Group, Inc. (NYSE: RYL)
Meritage Homes Corp. (NYSE: MTH)
Beazer Homes USA, Inc. (NYSE: BZH)
SPDR S&P Homebuilders ETF (NYSE: XHB)


Initial Jobless Claims Rose to 280K Last Week, Coming in Below Expectations Sep 18, 2014 08:32AM

(Updated - September 18, 2014 8:32 AM EDT)

Initial Jobless Claims280 K vs 305K Expected

UPDATE - More from the Dept. of Labor:

In the week ending September 13, the advance figure for seasonally adjusted initial claims was 280,000, a decrease of 36,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 315,000 to 316,000. The 4-week moving average was 299,500, a decrease of 4,750 from the previous week's revised average. The previous week's average was revised up by 250 from 304,000 to 304,250.

There were no special factors impacting this week's initial claims.

The advance seasonally adjusted insured unemployment rate was 1.8 percent for the week ending September 6, a decrease of 0.1 percentage point from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending September 6 was 2,429,000, a decrease of 63,000 from the previous week's revised level. This is the lowest level for insured unemployment since May 19, 2007 when it was 2,417,000. The previous week's level was revised up 5,000 from 2,487,000 to 2,492,000. The 4-week moving average was 2,481,750, a decrease of 18,250 from the previous week's revised average. This is the lowest level for this average since June 23, 2007 when it was 2,477,250. The previous week's average was revised up by 1,250 from 2,498,750 to 2,500,000.


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Sep 18, 2014 08:36AM UPDATE: U.S. Housing Starts Miss Expectations at 956K in August (XHB)
Sep 18, 2014 08:32AM Initial Jobless Claims Rose to 280K Last Week, Coming in Below Expectations
Sep 18, 2014 07:27AM China Home Prices Continue Slump Through August (FXI)
Sep 17, 2014 10:36AM UPDATE: Crude Inventories Rose 3.67 Million Barrels
Sep 17, 2014 10:34AM NAHB Housing Market Index Rose to 59 in Sept.; Registeres Highest Reading Since Nov. 2005 (XHB)
Sep 17, 2014 10:36AM UPDATE: Crude Inventories Rose 3.67 Million Barrels
Sep 17, 2014 10:34AM NAHB Housing Market Index Rose to 59 in Sept.; Registeres Highest Reading Since Nov. 2005 (XHB)
Sep 17, 2014 08:31AM Q2 Current Account Balance -$98.5B vs -$113.4B Expected
Sep 17, 2014 08:30AM August MoM CPI -0.2% vs 0.0% Expected; Ex-Food, Energy 0.0% vs 0.2
Sep 17, 2014 07:00AM MBA Mortgage Applications 7.9% vs -7.2% Prior
Sep 16, 2014 04:01PM July Long-Term TIC Flows -$18.6B vs $25B Expected
Sep 16, 2014 08:30AM August MoM PPI 0.0% vs 0.0% Expected; Ex-Food and Energy 0.1% vs 0.1%
Sep 15, 2014 09:15AM August MoM Industrial Production -0.1% vs 0.3% Expected
Sep 15, 2014 08:30AM Sept. Empire Manufacturing 27.5 vs 16 Expected
Sep 12, 2014 01:04PM Baker Hughes Total Rig Count 1,931
Sep 12, 2014 09:55AM Prelim. UofM Consumer Sentiment at 84.6 in Sept.; Est. at 83.3
Sep 12, 2014 08:40AM Advance U.S. Retail Sales Rose 0.6% in August, Flat with Expectations (XRT)
Sep 12, 2014 08:40AM Advance U.S. Retail Sales Rose 0.6% in August, Flat with Expectations (XRT)
Sep 11, 2014 02:01PM August US Budget Statement -$128.7B vs $-130B Expected
Sep 11, 2014 10:30AM Natural Gas Inventory 92 bcf vs 84 bcf Expected
Sep 11, 2014 08:39AM Initial Jobless Claims Rose More than Expected to 315K Last Week; California, New York Led Gains
Sep 11, 2014 08:39AM Initial Jobless Claims Rose More than Expected to 315K Last Week; California, New York Led Gains
Sep 10, 2014 10:33AM UPDATE: Crude Inventory -972K Barrels vs -1M Expected
Sep 10, 2014 10:33AM UPDATE: Crude Inventory -972K Barrels vs -1M Expected
Sep 10, 2014 10:00AM July Wholesale Inventories MoM 0.1% vs 0.5% Expected
Sep 10, 2014 07:00AM MBA Mortgage Applications -7.2% vs 0.2%% Prior
Sep 8, 2014 03:00PM July Consumer Credit $26 Billion vs $17.35 Billion Expected
Sep 5, 2014 08:47AM Nonfarm Payrolls Rose 142K in August, Missing Expectations; Unemployment Rate Flat at 6.1%
Sep 5, 2014 08:47AM Nonfarm Payrolls Rose 142K in August, Missing Expectations; Unemployment Rate Flat at 6.1%
Sep 4, 2014 11:03AM UPDATE: Crude Inventory -905k Barrels vs -770K Expected
Sep 4, 2014 11:03AM UPDATE: Crude Inventory -905k Barrels vs -770K Expected
Sep 4, 2014 10:30AM Natural Gas Inventory 79 bcf vs 74 bcf Expected
Sep 4, 2014 10:00AM ISM Non-Manf 59.6 vs 57.7 Expected
Sep 4, 2014 09:45AM Markit US Services PMI 59.5 vs 58.5
Sep 4, 2014 08:30AM July Trade Balance -$40.5B vs -$42.4B Expected
Sep 4, 2014 08:30AM Initial Jobless Claims 302K vs 300K Expected
Sep 4, 2014 08:15AM ADP Reports 204K Nonfarm Payrolls Added in August, Lagging Views as Small Business Growth Ebbs
Sep 3, 2014 10:00AM July Factory Orders 10.5% vs 11% Expected
Sep 3, 2014 09:45AM ISM New York 57.1 vs 68.1 Prior
Sep 3, 2014 07:00AM MBA Mortgage Applications 0.2%% vs 2.8% Prior
Sep 2, 2014 10:18AM New Orders Growth Pushes Manufacturing ISM to Three-Year High
Sep 2, 2014 10:00AM July Construction Spending 1.8% vs 1% Expected
Sep 2, 2014 10:00AM ISM Manufacturing 59 vs 57 Expected
Sep 2, 2014 09:45AM Markit August US Manufacturing PMI 57.9 vs 58 Expected
Aug 29, 2014 09:55AM August University of Michigan Confidence 82.5 vs 80 Expected
Aug 29, 2014 09:45AM August Chicago Purchasing Manager 64.3 vs 56.5 Expected
Aug 29, 2014 09:05AM Personal Income Growth Slows in July Amid Drop in Expenditures
Aug 29, 2014 08:31AM Personal Income 0.2% vs 03% Expected; Spending -0.1% vs 0.2%
Aug 28, 2014 10:30AM Natural Gas Inventory 75 bcf vs 78 bcf Expected
Aug 28, 2014 10:00AM MoM Pending Home Sales 3.3% vs 0.5%
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