Date | Prior | Current | Rating | |
Case Shiller HPI_Y/Y | Mar-22 | 20.60 | 20.00 | C |
FHFA HPI_Y/Y | Mar-22 | 19.00 | 19.60 | C |
Construction Spending_M/M | Apr-22 | 0.10 | 0.20 | C+ |
Chicago PMI_M/M | May-22 | 60.30 | 56.40 | C |
PMI Mfg_M/M | May-22 | 57..5 | 57.00 | C |
PMI Svc_M/M | May-22 | 55.60 | 53.40 | C |
ISM Mfg_M/M | May-22 | 55.40 | 55.60 | C+ |
ISM Svc_M/M | May-22 | 57.10 | 55.90 | C |
Factory Orders_M/M | Apr-22 | 2.20 | 0.30 | C |
Consumer Confidence_M/M | May-22 | 106.40 | 108.60 | C+ |
Job Openings (JOLTS)_M/M | Apr-22 | 11.549M | 11.400M | C |
Jobless Claims_W/W | 5/28/2022 | 210K | 200K | C+ |
Employment Situation_M/M | May-22 | 428K | 390K | C |
No bad news this week. Moderation appears the key word.
Housing Prices continue to soar. I wonder for how much longer?
Construction Spending came up a tic.
The PMI and ISM reports remain in growth mode, but far below the upper 50's, low 60's we've been seeing for over a year. Chicago PMI came in under 60. Decent readings all, but well below recent history.
Factory Orders remained positive, but showed a significant drop.
Consumer Confidence actually looks reasonable, contrary to last weeks Consumer Sentiment.
Jobless Claims dropped 10k and remain off the radar at this range.
Job Opening remain in the stratosphere. Voluntary Quits at about 4.5 million. Is this becoming the new normal? It doesn't look anything like it did not so long ago.
Employment Situation was respectable at 390K and the participation rate was up a tic, tho not yet reaching pre-pandemic levels.
Can't go with better than a C. I am not getting a "warm fuzzy" from these metrics.