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Tuesday, 23 August 2011

economic indicators

U.S. economic indicators
Atlanta Fed indexBusiness Activity Index Federal Reserve Bank of Atlanta.It represents the results of a survey of manufacturers in Atlanta for their attitudes toward the current economic situation. The numbers below the "0" are an indicator of a slowing economy. Its value is published after the 10th of each month at 09:00 EST (New York). This index has a limited impact on the market, as published after the release of an indicator of business activity at the national level (NAPM index). The growing importance of this index is a favorable factor for the growth of the dollar.Average hourly earningsAverage hourly wages.Expressed in terms of absolute value and as an index relative to the previous period. Is an indicator of potential inflation-related increase in labor costs. It has a significant impact on the market. With expectations of an increase in basic interest rates increase his value could lead to an increase in the dollar. Published, usually on the first Friday of each month at 08:30 EST (New York) in conjunction with an indicator "Nonfarm payrolls".Average workweekThe average working week.The indicator shows the average weekly working hours during the month. Published, usually on the first Friday of each month at 08:30 EST (New York) in conjunction with an indicator "Nonfarm payrolls". On the market has practically no effect. Used for long-term analysis of employment in the country. It is a "good" indicator of the labor market at different stages of the economic cycle. He is considered one of the key indicators for indicators such as "Industrial production" (Industrial Production) and "Personal income" (Personal Income), the values ​​of which are published later.Beige bookEconomic survey of the U.S. Federal Reserve "badge beech."Produced twelve Federal Reserve Banks United States. The review covers the sphere of industrial production, services, agriculture, financial institutions, labor market, real estate market. It has a limited impact on the market. When the market there are rumors of a possible change in interest rates, then pay attention to that part of the review, which refers to the state wage and price controls. Overview helpful in confirming the already established trend in the economy. Its value is published 8 times a year, on Wednesday, two weeks before the next meeting of the Open Market Committee (FOMC) Federal Reserve in the U.S. 14:00 EST (New York).Building permitsBuilding permits.The indicator shows the number of permits for new home construction. The indicator is very sensitive to changes in key interest rates as well as the construction is necessary to take bank loans. These findings, by reason of the real estate market, subject to seasonal fluctuations. The construction process is directly related to state income. Therefore, increasing the volume of construction is improving well-being and healthy development of the economy. It has a limited impact on the market. Increase in its value has a positive impact on the currency. Its value is published in the third week of each month at 08:30 EST (New York) in conjunction with an indicator "Housing starts".Business inventoriesInventories of manufactured goods, components and semi-finished products in storage.There is the following pattern: the increase in inventory for several months may indicate a stagnation in the economy. The effect of this indicator on the market is limited. However, a stable trend in its dynamics has a great impact on the market. The growth of the index has a negative impact on the dollar. Its value is published in the middle of each month at 08:30 EST (New York).Capacity utilisationCapacity use.Determines the extent to which the productive capacity of the economy. The level of 85% indicates a good balance between economic growth and inflation. Exceeding this level causes inflation in the economy. It has a limited impact on the market. The growth of this index leads to an increase in the national currency. Its value is published in the middle of each month at 09:15 EST (New York) in conjunction with the indicator "Industrial production" (Industrial Production).Chicago PMI indexBusiness Activity Index Managers Association in Chicago.It represents the results of a survey of purchasing managers in the industry of Chicago. This index affects the status of production orders, the prices of manufactured products and inventory in warehouses. The numbers below the "45-50" is an indicator of a slowing economy. Behind him closely watched because it is published shortly before the business activity index of the National Association of Managers (NAPM). This index has a significant impact on the market, because it may give an idea of ​​how will an indicator of business activity at the national level (NAPM). The growth of the index leads to an increase in the dollar. Its value is published on the last business day of each month at 10:00 EST (New York).Construction spendingConstruction costs.The indicator is expressed as an index relative to the previous period and as the absolute value of costs. The indicator is very sensitive to changes in key interest rates as well as the construction is necessary to take bank loans. These findings, by reason of the real estate market, subject to seasonal fluctuations. The construction process is directly related to state income. Therefore, increasing the volume of construction is improving well-being and healthy development of the economy. It has a limited impact on the market. Increase in its value has a positive impact on the currency. Its value is published, usually on the first business day of each month at 10:00 EST (New York).Consumer confidenceThe index of consumer confidence.This review is an attempt to measure the optimism of consumers. The index is calculated since 1967. First, it was equal to "100". It has a limited impact on the market because it can not reflect the real state of the economy. However, it is traditionally used to predict trends in employment and the general state of the economy. The growth of the index is a positive factor for the development of national economy and leads to an increase in the dollar. Its value is published after the 20th day of each month at 10:00 EST (New York).Consumer creditConsumer credit.Reflects the amount of Americans of credit through credit cards, personal loans and hire purchase. It is an indicator of consumer demand. The importance of this indicator suggests that consumers are not afraid to "get into debt" to meet their material needs. However, the figures are often revised and have significant seasonal variations. For example, the value of consumer credit is growing in anticipation of Christmas and New Year. It has a limited impact on the market. The growth of the index is a positive factor for the development of national economy and leads to an increase in the dollar. Its value is published around the 7th of each month at 15:00 EST (New York).Consumer price index (CPI)Consumer Price Index.Determines the change in the level of retail prices for the "basket" of goods and services. The consumer price index is considered more reliable if it does not take into account food and energy industries. In calculating the index takes into account the price of imported goods and services. Consumer Price Index is the main indicator of inflation in the country. This index is analyzed together with the measure "PPI" (Producer Price Index). If the economy develops in normal conditions, the increase in CPI and PPI can lead to an increase in key interest rates in the country. This, in turn, leads to an increase in the dollar, as it increases the attractiveness of investing in currencies with higher interest rates. Its value is published in the middle of each month (soon after the index PPI) at 08:30 EST (New York).Current account (Balance of payments)The balance of payments.Is the ratio between the amount of payments received from abroad, and the amount of payments going abroad. If arriving in the country exceed payments payments to other countries and international organizations, the balance of payments is active (surplus), if the opposite - that passive (negative balance). The surplus (or decrease in the deficit) is a favorable factor for the growth of the national currency. It has a limited impact on the market. Its value is published every quarter, in the middle of the month of publication of 10:00 EST (New York).Durable goods ordersOrders for durable goods.For durable goods, those goods with a lifetime of more than three years. These include cars, furniture, etc. In order to highlight the variability inherent in the military and transportation orders, the indicator of release rates, which do not include orders for the defense industry (Durable goods orders excluding defence) and transport orders (Durable goods orders excluding transportation). This indicator is important for the market because it gives an idea about the confidence of consumers of these products in the current economic situation. Since durable goods are quite expensive, the increase in the number of orders for these shows consumers' willingness to spend on them their money. Thus, the growth of this indicator is a positive factor for economic development and leads to an increase in the national currency. Its value is published in the fourth week of each month at 08:30 EST (New York).Employment cost indexEmployment cost index.It includes wages and unemployment benefits. It can serve as an indicator of the presence of inflationary pressures in the economy. Employment cost index is one of those indicators for which closely followed the Federal Reserve in conducting its monetary policy (and that says a lot). With expectations of an increase in basic interest rates increase its value leads to an increase in the dollar. Used for medium-and long-term forecasts. Its value is published every quarter, after the 20th day of publication month at 08:30 EST (New York).Existing home salesThe number of sold houses built earlier.Shows the number of homes sold in the secondary market for the year. Can give an idea of ​​the optimism of consumers (consumer confidence) and their ability to buy expensive things. These findings, by reason of the real estate market, subject to seasonal fluctuations. The construction process is directly related to state income. Therefore, increasing the volume of construction is improving well-being and healthy development of the economy. It has a limited impact on the market. Increase in its value has a positive impact on the currency. Its value is published each month after the 20th day at 10:00 EST (New York).Export pricesPrices for export.The index reflects changes in export prices for the month. Is an indicator of inflation. It has a limited impact on the market. With expectations of an increase in basic interest rates increase the value of the index leads to an increase in the dollar. Its value is published each month around the 10th to 08:30 EST (New York) in conjunction with an indicator "Import prices".Factory ordersProduction orders.Factory orders include orders for durable goods (more than 50% of all orders) and short-term use. The goods are nondurable food, clothing, light industry goods and products, designed for operation with durable goods. For durable goods, those goods with a lifetime of more than three years. These include cars, furniture, etc. The indicator "Production Orders" has a limited impact on the market. Particular attention is paid to trends in its development. The growth of the index is a positive factor for the development of national economy and leads to an increase in the dollar. Its value is published in the first days of each month at 10:00 EST (New York).Federal budgetThe state budget.Characterizes the relationship between income and expenditure of the state. If you exceed the level of state revenues over expenditures generated a surplus. If you exceed the level of state spending on its income produced a negative balance (deficit). This index has a negligible impact on the market. Usually it is used for long-term economic analysis. Budget deficit seen in the context of other indicators: the index of industrial prices (PPI), consumer price index (CPI), monetary aggregates (M1, M2, M3), etc. Its value is published around the 20th of each month at 14:00 EST (New York).GDP - Gross domestic productGross domestic product (GDP).Is the main indicator that reflects the state of the national economy. According to the Keynesian model of economic development, GDP can be summarized as follows: GDP = C + I + S + E - M, where C - consumption, I - investment, S - public expenditure, E - exports, M - imports. GDP is expressed as an index relative to the previous period, and in terms of absolute value sum of the prices of manufactured goods and services. It has a significant impact on the market. GDP growth leads to an increase in the national currency.GDP advanceGross domestic product (GDP) - preliminary value.This indicator is the first step of the three levels of GDP data, which are published every quarter. They go as follows: advance - provisional (revised) - final. Its value is published every quarter, after the 20th day of publication month at 08:30 EST (New York).GDP deflatorGDP deflator.This ratio is the current value of GDP to its base value. Reflects the magnitude of the inflationary component in the value of GDP. Published simultaneously with GDP. It has a significant impact on the market. With expectations of an increase in basic interest rates increase its value leads to an increase in the dollar.GDP finalGross domestic product (GDP) - the final value.This update "of the revised value of" GDP (provisional). Most often the differences between them are minimal. Therefore these figures do not surprise the market. Its value is published in the next month after the publication of "GDP provisional" after the 20th day at 08:30 EST (New York).GDP provisional (revised)Gross domestic product (GDP) - the revised value.This update (revised) "prior value" of GDP (advance). Published next month after the publication of "GDP advance" after the 20th day of a 08:30 EST (New York).Help-wanted indexThe index number of required workers.Characterizes the volume of adverts published in newspapers on hiring employees. 1987 was laid over the base, then its value was "100". With his analysis of the use of "moving averages" (moving average). If the moving average shows a trend change in the index for several months, it could be a sign of the changing situation on the labor market. Also, the index can give an idea about a possible change in economic conditions in different regions of the country. Almost no effect on the market. Its influence is limited to what is taken into account only a limited number of major regional newspapers. Its value is published, usually on the last Thursday of each month at 10:00 EST (New York).Housing startsConstruction of new homes.The indicator shows the number of new homes, whose construction has already begun. He is very sensitive to changes in key interest rates in the country, since the construction is necessary to take bank loans. These findings, by reason of the real estate market, subject to seasonal fluctuations. The construction process is directly related to state income. Therefore, increasing the volume of construction is improving well-being and healthy development of the economy. It has a limited impact on the market. Increase in its value has a positive impact on the currency. Its value is published in the third week of each month at 08:30 EST (New York) in conjunction with an indicator "Building permits".Humphrey-Hawkins testimonyThis is the speech of the U.S. Federal Reserve System (Federal Reserve) (now it's Alan Greenspan) to the two banking committees of the U.S. Congress.This performance takes place twice a year: winter and summer. The two houses of Congress (The Senate and House) are swapped about someone whose committee has once again listen to the report first. The report sheds light on new plans and goals of the Federal Reserve in conducting monetary policy. Behind him closely watched all the market players and trying to find a hint of the possible actions of the Fed in the future change in the basic interest rates. Speech has a significant impact on the market. This is one of the most important and significant events for the financial market.

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