Week in Review
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Started by TimNew - June 18, 2021, 10:50 a.m.

DatePriorCurrentRating
NFIB Small Business   OptimismM/MMay-2199.8099.60C
Empire State MfgM/MMay-2124.3017.40C
Philly Fed MfgJun-2131.5030.70C
Job Openings (JOLTS) M/MApr-218.123M9.286MB-
Quarterly Services Q/QQ12.402.40C
Consumer SentimentM/MJun-2182.9086.40C+
Retail Sales M/MMay-210.00-1.30C-
RedbookW/W 16/5/202113.0014.50C+
RedbookW/W 26/12/202114.5016.40C+
Jobless ClaimsW/W 16/5/2021385K376KC+
Jobless ClaimsW/W 26/12/2021376K412KC-
Housing Market Index M/MJun-2183.0081.00C
Housing StartsM/MMay-211.569M1.572MC+
Housing PermitsM/MMay-211.760M1.681MC-
Leading Indicators M/MMay-211.601.30C+


Jobless Claims took a hit this week.   Not big, but it bucks the trend we've seen for the last several.  A blip?   We'll see next week.

Retail Sales took a hit in spite of RedBook remaining in uncharted territory.   

Mfg took a step back, Empire State slightly and Philly, barely.   Still remain a bright spot in the economy.

Housing continues the struggle with material costs and labor issues, but remains at respectable levels.

Leading Indicators remain positive at a slightly slower pace than last month, likely influenced by the retraction in Housing Starts.   Not the only measure, of course,  but heavily weighted.

Job Openings are in completely uncharted territory. Employers are having a hard time finding willing employees.   Hopefully,  that trend will change.

I'll go with a C this week.   Nothing really notable in either direction.



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By metmike - June 18, 2021, 11:50 a.m.
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Thanks Tim!