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U.S. producer prices jump 0.5% in April

  • May 11, 2017
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U.S. producer prices showed a broad-based gain in April, which pushed the annual increase up to the largest gain in five years, government data showed. The Labor Department said on Thursday its producer price index for final demand rose 0.5% last month. That was above expectations. Economists surveyed had predicted the producer price index would

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Continued jobless claims at lowest level in 28 years

  • May 11, 2017
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The number of people receiving jobless benefits fell to the lowest level in 28 years, the Labor Department said Thursday, a further sign of a healthy labor market. Initial claims slipped 2,000 to a seasonally adjusted 236,000 for the week ended May 6, the Labor Department said on Thursday. Claims have now been below 300,000,

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Treasury yields gain on jobless claims and producer-price

  • May 11, 2017
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  • realestate

Treasury prices slipped, pushing up yields, after producer prices rose and continued jobless claims sank to its lowest levels in more than 28 years, setting up the Federal Reserve to hike rates in preparation for higher inflation.

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April Import Prices Improve

  • May 10, 2017
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  • realestate

April Import Prices 0.5% vs. estimates of 0.2%. Import Prices YOY 4.1% vs. estimates of 4.2%. A slight negative for interest rate pricing, but generally not a large factor.

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March JOLTS better

  • May 9, 2017
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  • realestate

March JOLTS (Job Openings and Labor Turnover Survey) shows vacant jobs, 5.743 vs. estimates of 5.670M. Not a large factor for interest rate pricing.

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March Wholesale Investories better

  • May 9, 2017
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  • realestate

March Wholesale Inventories 0.2% vs. estimates of -0.1%. This will not have an influence for interest rates.

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U.S. adds 211,000 jobs in April; unemployment 4.4%

  • May 5, 2017
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  • realestate

The economy generated 211,000 new jobs in April, rebounding from a disappointing March and pointing to steady U.S. economic growth ahead. Economists polled by MarketWatch had predicted a 190,000 increase in nonfarm jobs. The unemployment rate dipped to 4.4% from 4.5%, a postrecession low last matched in May 2007, the government said Friday. Average wages

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U.S. initial jobless claims sink 19,000 to 238,000

  • May 4, 2017
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  • realestate

Initial U.S. jobless claims fell by 19,000 to 238,000 in the last week of April, the government said Thursday. Economists polled by MarketWatch has expected new claims to total a seasonally adjusted 245,000 in the seven days stretching from April 23 to April 29. The more stable monthly average of jobless claims rose by 750

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U.S. trade deficit with Mexico highest since 2007

  • May 4, 2017
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  • realestate

U.S. trade deficits with Mexico and Japan hit the highest levels in March in almost a decade, though the nation’s trade gap overall was virtually unchanged. The deficit dipped 0.1% to $43.7 billion in March to reach a five-month low, the Commerce Department said Thursday. Economists polled by MarketWatch had forecast a $44.5 billion gap.

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U.S. productivity slumps in first quarter

  • May 4, 2017
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  • realestate

The productivity of American firms and their employees fell in the first quarter at the fastest rate in a year, reflecting a cutback in the amount of goods and services made available to customers. U.S. productivity — the key to a higher standard of living — declined at a 0.6% annual pace in the first

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