Two Weeks in Review
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Started by TimNew - Feb. 20, 2021, 7:57 a.m.

DatePriorCurrentRating
NFIB Small Business Optimism   M/MJan-2195.9095.00C
JOLTS (Job Openings) M/MDec-206.527M6.646MC+
Empire State Mfg M/MFeb-203.1012.50B-
Philly Fed MFG M/MFeb-2026.5023.10C
Insustrial Production M/MJan-211.600.90C
Housing Starts M/MJan-211.669M1.589MC-
Housing Permits M/MJan-211.709M1.881MC+
Housing Market Index M/MFeb-2183.0084.00C+
Jobless Claims 1 W/W2/6/2021779K793KC-
Jobless Claims 2 W/W2/13/2021793K861KC-
Redbook W/W2/6/20214.400.70C
Retail Sales M/MJan-21-0.705.30B-


May have missied a few numbers,  but On vacation for another week so doing the best I can :-).  There's enough here.

Jobless Claims definitley moving in the wrong direction with a jump of about 90K over the last 2.  Job Openings continue a steady climb,  still far below the # of unemployed.

In spite of that Small Business Optimism is steady at a decent level.

Housing Starts dropped a bit while Permits had a decent jump and the Index remains steady at a good level. 

MFG remains very strong with Industrial Production notching another positive. Capacity Utilization also continues it's streak with an increase to 75.6. Empire State showed a healthy jump while Philly remains strong.

Retail Sales was the most pleasant surprise of the week with a big jump up by 5.3%.

I'll go with a C+ this week with a cautious eye on Jobless Claims.  Suck Factor back up to 8.




Comments
By metmike - Feb. 20, 2021, 12:26 p.m.
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Thanks very much Tim!


Here were the Weeks in Review from last year:

Here are last years reports, not quite completely updated with all of them(from Jan) :

https://www.marketforum.com/forum/topic/60893/