Economic Data Releases in early June

Note: 

During healthy 

economic growth, 

at least three-quarters

of data releases 

are good news,

(in black ink), 

so bad news

(in red ink) 

will be rare:

.

.

      6/4/18  

Factory  Orders

- April 2018       down -0.8%

- March 2018         up +1.7% 

- February 2018    up +2.0% 

- January 2018 down -1.6% 

- December 2017 up +1.8%

- November 2017 up +1.7%

- October 2017     up +0.4% 

- September 2017 up +1.7%

- August 2017       up +1.2% 

- July 2017        down -3.3% 

- June 2017           up +3.2% 

- May 2017         down -0.3%

.

.
.
.

    6/1/18

May  2018 

Household  Employment  Survey

Note: more volatile than Payroll Survey data

-- I recommend averaging two or three months 

             Employment

- Employment up      +293,000 in May 2018 (62.7% labor force participation)

- Employment up only +3,000 in April 2018 (62.8%)

- Employment down   -37,000 in March 2018 (62.9%)

- Employment up     +785,000 in February 2018 (63.0%

- Employment up     +409,000 in January 2018 (62.7%) 

- Employment up     +104,000 in December 2017 (62.7%)

- Employment up       +71,000 in November 2017 (62.7%)

- Employment down -478,000 in October 2017 (62.7%)

- Employment up     +906,000 in September 2017 (63.0%) 

- Employment down    -74,000 in August 2017 (62.9%) 

- Employment up      +345,000 in July 2017 (62.9%) 

- Employment up      +245,000 in June 2017 (62.8%) 

            Unemployment     

- Unemployment down -281,000 in May 2018

- Unemployment down -239,000 in April 2018

    (but decline is due to drop outs from labor force)

- Unemployment down -121,000 in March 2018

    (but decline is due to drop outs from labor force)

- Unemployment up       +22,000 in February 2018

- Unemployment up     +108,000 in January 2018

- Unemployment down   -40,000 in December 2017

- Unemployment up       +92,000 in November 2017

- Unemployment down -235,000 in October 2017

- Unemployment down -331,000 in September 2017

- Unemployment up     +151,000 in August 2017

- Unemployment up         +4,000 in July 2017

- Unemployment up     +116,000 in June 2017

. 

.
.
.

      6/1/18

Auto  Sales

- May 2018            was 16.9 million annual sales rate

- April 2018           was 17.2 

- March 2017         was 17.5  

- February 2018    was 17.1

- January 2018     was 17.2 

- December 2017  was 17.9 

- November 2017  was 17.5

- October 2017      was 18.1 

- September 2017 was 18.6 

- August 2017       was 16.1

- July 2017            was 16.8

- June 2017           was 16.7 

.

.
.
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        6/1/18

Construction  Spending

- April 2018             up +1.8%

- March 2018      down -1.7%

- February 2018    up +1.2%

- January 2018      up +1.7%

- December 2017  up +1.6%

- November 2017  up +1.2%

- October 2017      up +0.1%

- September 2017 up +1.3%

- August 2017        up +0.5%

- July 2017        down -0.9%

- June 2017       down -0.8%