Economic News Blog

Monday, December 2, 2019

Housing Permits Hit Highest Rate Since June 2015

In October 2019, housing permits soared to their highest level since June 2015 and second highest level since June 2007.
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Friday, November 22, 2019

Capacity Utilization Contraction Accelerates for Fifth Month

The GBI: Metalworking backlog index has contracted since March and is indicating that capacity utilization will contract in 2020.
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Wednesday, November 20, 2019

Contraction Continues in Cutting Tool Orders

Cutting tool orders were less than $200 million for the third time in four months, contracting compared with one year ago for the seventh month in a row.
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Monday, November 18, 2019

Production Levels High But Contracting

The durable goods production index was above 108.0 for the 14th time in 15 months, but compared with one year ago it contracted at an accelerating rate for the second straight month.
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Friday, November 15, 2019

10-Year Treasury Rate Trend Is Positive for Manufacturing

In October, the year-over-year change in the real 10-year Treasury rate was -0.77%, which was the 10th consecutive month the change was negative.
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