by Calculated Risk on 8/04/2025 03:47:00 PM This graph shows heavy truck sales since 1967 using data from the BEA. The dashed line is the July 2025 seasonally adjusted annual sales rate (SAAR) of 455 thousand. Note: “Heavy trucks – trucks more than 14,000 pounds gross vehicle weight.” Click on graph for larger image. Heavy…
by Calculated Risk on 8/04/2025 02:00:00 PM From the Federal Reserve: The July 2025 Senior Loan Officer Opinion Survey on Bank Lending Practices The July 2025 Senior Loan Officer Opinion Survey on Bank Lending Practices (SLOOS) addressed changes in the standards and terms on, and demand for, bank loans to businesses and households over the…
In August, eight OPEC+ countries, including Russia and Saudi Arabia, plan to increase oil production by 548 thousand bpd. Earlier, since the beginning of 2024, these countries, including Iraq, the United Arab Emirates, Kazakhstan, Algeria, Oman and Kuwait, voluntarily reduced oil production by a total of 2.2 million bpd. However, since April 2025, countries have…
by Calculated Risk on 8/03/2025 06:14:00 PM Weekend:• Schedule for Week of August 3, 2025 Monday:• At 2:00 PM ET, Senior Loan Officer Opinion Survey on Bank Lending Practices (SLOOS) for July. From CNBC: Pre-Market Data and Bloomberg futures S&P 500 are down 9 and DOW futures are down 43 (fair value). Oil prices were…
by Calculated Risk on 8/03/2025 08:21:00 AM IMPORTANT: It is critical that the Fed stay independent, data driven, and immune to political pressure. This is also true for the Federal statistical agencies, and the firing of the highly respected BLS commissioner on Friday (because of the bad employment report) is very concerning. The U.S. Senate…
At the Calculated Risk Real Estate Newsletter this week: Click on graph for larger image. • Case-Shiller: National House Price Index Up 2.3% year-over-year in May • Freddie Mac House Price Index Declined in June; Up 2.0% Year-over-year • Inflation Adjusted House Prices 2.0% Below 2022 Peak • Fannie and Freddie: Single Family Serious Delinquency…
by Calculated Risk on 8/02/2025 08:11:00 AM This will be a light week for economic data. The key report this week is the June Trade Deficit. —– Monday, August 4th —– 2:00 PM: Senior Loan Officer Opinion Survey on Bank Lending Practices (SLOOS) for July. —– Tuesday, August 5th —– 8:30 AM: Trade Balance report…
by Calculated Risk on 8/01/2025 03:36:00 PM What this means: On a weekly basis, Realtor.com reports the year-over-year change in active inventory and new listings. On a monthly basis, they report total inventory. For July, Realtor.com reported inventory was up 24.8% YoY, but still down 13.4% compared to the 2017 to 2019 same month levels. …
by Calculated Risk on 8/01/2025 12:00:00 PM From the Census Bureau reported that overall construction spending decreased: Construction spending during June 2025 was estimated at a seasonally adjusted annual rate of $2,136.2 billion, 0.4 percent below the revised May estimate of $2,143.9 billion. The June figure is 2.9 percent below the June 2024 estimate of…
In the second quarter of 2025, global gold demand increased by 3% compared to the same period in 2024, reaching 1,249 tons. At the same time, in monetary terms, demand jumped by 45% to $132 billion, reflecting rising prices for the precious metal. Central banks continued to play a key role by increasing their reserves…