dshort: AP Charts & Analysis

S&P 500 Snapshot: Up 2.75% YTD

The S&P 500 started the week out fairly steady, only to drop upon open Thursday. The index continued its decline on Friday only to bounce back slightly at close. It is down 1.12% from Thursday, 2.75% YTD, and is 7.3% below its record close. 

dshort: AP Charts & Analysis

Underlying Inflation Gauge: August Update

The latest full set UIG for August is 1.28% while the prices-only measure is 2.12%. Current Headline CPI is now 1.31% and Core CPI is 1.74%.

dshort: AP Charts & Analysis

ECRI Weekly Leading Index Update

This morning's release of the publicly available data from ECRI puts the WLI at 139.4, up 0.2 from the previous week. The WLIg is at 2.3, also up from last week and the WLI YoY is at -3.77, down from last week.

dshort: AP Charts & Analysis

Michigan Consumer Sentiment: September Prelim Improved

The September Preliminary came in at 78.9, up 4.8 from the August Final. Investing.com had forecast 75.0.

dshort: AP Charts & Analysis

Conference Board Leading Economic Index Remains in Recession Territory

The latest Conference Board Leading Economic Index (LEI) for August was up 1.2% from the July final figure of 105.2. Investing.com predicted a 1.3% increase.

dshort: AP Charts & Analysis

Updated: U.S. Household Incomes - A 50+ Year Perspective

This month, the Census Bureau released its annual report on household income data for 2019. Last year the median (middle) average household income rose to $68,703. Let's take a closer look at the quintile averages, which dates from 1967, along with the statistics for the top 5%.

dshort: AP Charts & Analysis

Weekly Unemployment Claims: 860K New Claims Last Week

This morning's seasonally adjusted 860K new claims, down 33K from the previous week's revised figure, was worse than the Investing.com forecast of 850K.

dshort: AP Charts & Analysis

New Residential Housing Starts at 1.4M in August

The U.S. Census Bureau and the Department of Housing and Urban Development have now published their findings for August new residential housing starts. The latest reading of 1.416M was below the Investing.com forecast of 1.478M and a decrease from the previous month's revised 1.492M.

dshort: AP Charts & Analysis

New Residential Building Permits: Down in August

The U.S. Census Bureau and the Department of Housing and Urban Development have now published their findings for August new residential building permits. The latest reading of 1.470M was a decrease from 1.483M in July and below the Investing.com forecast of 1.520M.

dshort: AP Charts & Analysis

Philly Fed Mfg Index: Continued Expansion in September

The latest Manufacturing Index came in at 15, down 2.2 from last month's 17.2. The 3-month moving average came in at 18.8, down from 21.0 last month. Since this is a diffusion index, negative readings indicate contraction, positive ones indicate expansion. The Six-Month Outlook came in at 56.6, up 17.8 from the previous month's 38.8.

dshort: AP Charts & Analysis

Cryptocurrencies Through September 15

Here's the latest on the three largest cryptocurrencies by market share: bitcoin, Ether, and XRP.

dshort: AP Charts & Analysis

The Big Four: August Retail Sales Sees Nominal All Time High

Month-over-month nominal sales in August increased by 0.56%. Real Retail Sales, calculated with the seasonally adjusted Consumer Price Index, increased by 0.18%.

dshort: AP Charts & Analysis

NAHB Housing Market Index: "Builder Confidence Soars to an All-Time High, Lumber Risks Remain"

The National Association of Home Builders (NAHB) Housing Market Index (HMI) is a gauge of builder opinion on the relative level of current and future single-family home sales. It is a diffusion index, which means that a reading above 50 indicates a favorable outlook on home sales; below 50 indicates a negative outlook. The latest reading of 83 is up 5 from last month's 78 and at its highest level in the indicator's history, exceeding its December 1998 record.

dshort: AP Charts & Analysis

Retail Sales Up 0.6% in August, Worse Than Forecast

The Census Bureau's Advance Retail Sales Report for August was released this morning. Headline sales came in at 0.6% month-over-month to one decimal and was below the Investing.com forecast of 1.0%. Core sales (ex Autos) came in at 0.7% MoM.

dshort: AP Charts & Analysis

The Big Four Economic Indicators: Industrial Production Up in August

Today's report on Industrial Production for August shows a 0.36% increase month-over-month, which was below the Investing.com consensus of 1.0%. The year-over-year change is -7.73%, up from last month's YoY decrease.