Saturday, June 19, 2021

Angry Bear

Angry Bear


May housing permits and starts continue down from recent peak

Posted: 19 Jun 2021 04:02 AM PDT

May housing permits and starts continue down from recent peak In May housing permits (blue in the graph below), including the least volatile single-family permits (red, right scale), continued to decline from their January peak. Meanwhile, the more volatile and slightly lagging housing starts (green) increased, but remained below their March peak: The level of […]

The post May housing permits and starts continue down from recent peak appeared first on Angry Bear.

The decline in new jobless claims stalls, as the “delta” variant is ready to strike the unvaccinated States

Posted: 18 Jun 2021 06:40 PM PDT

The decline in new jobless claims stalls, as the "delta" variant is ready to strike the unvaccinated States New jobless claims continue to be the most important weekly economic data point, as increasing numbers of vaccinated people and outdoor activities have led to an abatement of the pandemic, with both new infections and deaths at […]

The post The decline in new jobless claims stalls, as the "delta" variant is ready to strike the unvaccinated States appeared first on Angry Bear.

May Retail Sales Fell 1.3% After April Sales Were Revised 1.4% Higher

Posted: 18 Jun 2021 08:50 AM PDT

Commenter RJS and MarketWatch 666 blogger Seasonally adjusted retail sales fell 1.3% in May after retail sales for April were revised 1.4% higher . . . the Advance Retail Sales Report for May (pdf) from the Census Bureau estimated that our seasonally adjusted retail and food services sales totaled $620.2 billion for the month, which was a […]

The post May Retail Sales Fell 1.3% After April Sales Were Revised 1.4% Higher appeared first on Angry Bear.

Open thread June 18, 2021

Posted: 18 Jun 2021 05:39 AM PDT

The post Open thread June 18, 2021 appeared first on Angry Bear.

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