Project Description
US
S&P500 -14.98% (2,304.92); NASDAQ -12.64% (6,879.52); DJIA -17.30% (19,173.98)
This week’s reports:
- March’s NY Empire State Manufacturing Index dropped to -21.5 from February’s 12.9.
- March’s Philadelphia Fed Manufacturing Index fell to -12.7 from February’s 36.7.
- February’s Retail Sales fell 0.5% from January’s +0.6%. Retail Sales ex Autos fell 0.4% from January’s +0.6%.
- February’s Industrial Production rose 0.6% from January’s -0.5%. Capacity Utilization rose to 77% from January’s 76.6%.
- March’s NAHB Housing Market Index fell to 72 from February’s 74.
- February’s Housing Starts fell 1.5% from January’s +1.4%. Building Permits fell 5.5% from January’s +9.2%.
- February’s Existing Home Sales rose 6.5% from January’s -1.3%.
- Initial Jobless Claims for the week ending March 13th rose by 70K to 281K. Continuing Jobless Claims for the week ending March 6th rose by 2K to 1.701M.