Monday, October 28, 2013

It's The Economy Stupid: Economic Stuff

Economic Event

Period

Economic Survey

Actual Reported

Original Prior

Revised Prior

Industrial Production MoM

Sep

0.4%

0.6%

0.4%

--

Capacity Utilization

Sep

78.0%

78.3%

77.8%

77.9%

Manufacturing (SIC) Production

Sep

0.3%

0.1%

0.7%

0.5%

Pending Home Sales MoM

Sep

0.0%

-5.6%

-1.6%

--

Pending Home Sales YoY

Sep

3.6%

1.1%

2.9%

2.8%

Dallas Fed Manf. Activity

Oct

10

--

12.8

--

 

Industrial Production:   Better than expected.

Capacity Utilization:   Good number.

Manufacturing Production:   Not so much a good number.  The best you can say is that it wasn’t negative.

Pending Home Sales MoM:    Yikes!   That ain’t good.

Pending Home Sales YoY:   Well, at least it’s still a positive number.  Not a good trend.

 

John Broussard

Assistant State Treasurer

Chief Investment Officer

State of Louisiana

Department of the Treasury

225-342-0013

jbroussard@treasury.state.la.us

 

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