USA Markit Services PMI for May 53.500 vs 55.200 Est; Prior 55.600
USA Markit Services PMI for May 53.500 vs 55.200 consensus estimate. The prior reading was 55.600.
USA Business Inventories (MoM) for Mar 2.000% vs 1.900% Est; Prior 1.500%
USA Business Inventories (MoM) for Mar 2.000% vs 1.900% consensus estimate. The prior reading was 1.500%.
USA Industrial Production (YoY) for Apr 6.400%; Prior Revised from 5.470% to 5.360%
USA Industrial Production (YoY) for Apr 6.400%. The prior reading was revised from an initial 5.470%. to 5.360%.
Housing Beat: Mortgage Rates Keep Climbing As Inventory Levels Slowly Expand
More homebuyers were taking out mortgages despite climbing rates while the tight housing inventory is showing signs of improving. Nonetheless, many homebuyers are not optimistic about the housing market’s near future.
USA Continuing Claims for Apr 29 1.343M vs 1.380M Est; Prior 1.384M
USA Continuing Claims for Apr 29 1.343 million vs 1.380 million consensus estimate. The prior reading was 1.384 million.
USA CPI (MoM) for Apr 0.300% vs 0.200% Est; Prior 1.200%
USA CPI (MoM) for Apr 0.300% vs 0.200% consensus estimate. The prior reading was 1.200%.
5 Best-Selling EVs In The World In 2022
Global battery electric vehicle (BEV) sales surged 78% year-over-year in March to 666,000 units as the world auto industry continues its transition away from internal combustion engines (ICE).
USA CB Employment Trends Index for Apr 120.180; Prior Revised from 120.560 to 120.780
USA CB Employment Trends Index for Apr 120.180. The prior reading was revised from an initial 120.560. to 120.780.
USA Continuing Claims for Apr 22 1.384M vs 1.400M Est
USA Continuing Claims for Apr 22 1.384 million vs 1.400 million consensus estimate.