Key things to watch in the Personal Income and Outlays report

At 8:30 on Friday, the U.S. Department of Commerce will release its monthly report on Personal Income and Outlays for March. Economists polled by Bloomberg predict a modest rise for the Personal Income, with a median estimate of 0.3% gain. The median estimate on the consumptions is at a weak […]

5 Things To Watch For In The Durable Goods Report

The Commerce Department publishes its first look at the durable goods report at 8:30 a.m. EST Tuesday. Economists expect the headline figure to increase 1.9 percent. That would be a moderate gain from 1 percent decline last month. Here’s what to look for in the report. 1. Boeing effect The […]

Five Things to Watch in the March Housing Starts Report

Five Things to Watch in the March Housing Starts Report

At 8:30 this morning, the Census Bureau will release its monthly report on housing starts for March. Economists polled by Bloomberg predicted a modest drop in housing starts for March, with a median estimate of 1.16 million, slightly down from February’s seasonally adjusted rate of 1.2 million. Economists attribute the […]

Five things to watch in March retail sales

Q1 is almost in the books and so far it’s been a weak quarter for retail sales. At 8.30 AM today the Department of Commerce delivers the last piece in the puzzle. Expectations in the market are a small 0.1 increase in the headline number but the main event is […]

Broad-Based Decline In Durable Goods Last Month

  Low oil prices and weak global economies play major roles as new orders declined for durable goods last month, which was the third drop in the last four months. The headline figure for the new orders of these long lasting manufactured goods fell 2.8 percent. While this did not […]

Tire Industry Struggles Against Imports Despite Strong Year

Tire manufacturers are riding the auto boom to increase production but they continue to lose market share to imports they cannot compete with.   Last year tire shipments, which represent the amount of tires sent to customers, crossed 310 million units – the highest in a decade. But production increased […]