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.