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Bailout

: Calculated Risk

A quick summary of the week

By Anonymous

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  • NFIB Survey showed small businesses were more pessimistic in June

  • Ceridian Diesel Fuel index showed a sharp decline in June

  • The Census Bureau reported the trade deficit increased in May.

  • The BLS reported low labor turnover in May.

  • The Association of American Railroads reported softer rail traffic in June.

  • The MBA reported the mortgage purchase index was at the lowest level since December 1996.

  • The Census Bureau reported retail sales fell 0.5% in June.

  • The minutes of the FOMC meeting showed the Fed revised down their forecast for GDP growth, and revised up their forecast for unemployment.

  • The Empire State Manufacturing Survey showed the pace of growth "slowed substantially" in July.

  • The Fed reported that Industrial production and Capacity Utilization were mostly flat in June.

  • The Philly Fed index showed slowing growth in July.

  • The Consumer Price Index declined 0.1% in June.

  • The Reuters / University of Michigan's Consumer Sentiment index declined sharply in July.

    I'll have the weekly summary on Sunday, but the news flow was definitely downbeat.

    Full post as published by Calculated Risk on July 17, 2010 (boomark / email).

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