Experience the Decision Economics Difference for yourself.
Category: U.S. OLD
Second-quarter GDP grows an in-line 1.5% (Consensus: +1.4%; Decision Economics: +1.6%) with no gross surprises in the demand-side breakdown. However, Fed doves may see a further nudge towards easing.[private] US_12-0727_E1[/private]
Revised July University of Michigan Consumer Sentiment data show the headline reading resolutely stable–coming in at 72.3 versus the original 72.0 (Consensus: 72.0; Decision Economics: 71.0), and against a prior-month level of 73.2.[private] That picture read more
[private]June new home sales sharply undershoot expectations. Dropping 8.4% (Consensus: +0.3%; Decision Economics: +3.5%), from a prior-month level revised up by 3.5%. US_12-0725_E1[/private]
[private]The headline July Philadelphia Fed index improves by less than expected, rising only to -12.9 (Consensus: -8.0; Decision Economics: -13.0) from the -16.6 June level. Component indexes–running completely independent of the headline number–improve very marginally read more
[private]June existing home sales disappoint severely, dropping 5.4% (Consensus: +1.5%; Decision Economics: +0.7%) from a prior-month level revised up by 1.5%. US_12-0719_E2[/private]
[private]Initial claims rise a more-than-expected 35,000 (Consensus and Decision Economics: +15,000) from a prior-week level revised up by 2,000. The new figure covered the July payroll-survey week, closing out the four-week month, and, at 386,000, read more