Case-Shiller Home Price Index 10/30/12

The S&P/Case-Shiller Home Price Index for August 2012 was released today. The 20-City Composite is up 1.98% compared to August 2011 (seasonally adjusted) and is up 0.49% compared to the previous month. 19 of the 20 cities in the Composite-20 were up in August compared to the previous month. 17 of the 20 cities are now up year over year.

Below is an interactive graph. You can interact with the graph by choosing what to display. The CITY category contains all 20 markets as well as the Composite-10 and Composite-20 index. The choices in the TYPE category are All, Condos, and High, Low and Middle Tiers. The prices of homes in each city are divided into three tiers. Each city has different breakpoints. For example, for the latest release in Las Vegas the Low tier is homes under $121,176 and the High tier is over $186,519. In San Francisco the Low tier is under $348,216 and the high tier is over $631,624. The SA/NSA category allows you to view Seasonally Adjusted data (SA) and/or Non-Seasonally Adjusted data (NSA). If you left click on a category, the chart will update with only data for that item in that category. If you hold the CONTROL button down while left clicking, it will toggle that item on and off while leaving the other items in that category the same allowing you to add or subtract items. If you hold the SHIFT key down while left clicking, it will add all items in between where you clicked and the item you last clicked. You can clear all selections in a category by clicking the Filter Icon on the top right of each category (looks like a funnel with a X). You can also refresh the page to bring it back to its original state.

All information, data and analysis provided by this website is for informational purposes only and is not a recommendation to buy or sell any security.   Click here for more details.

Furthermore, these charts have limitations.  Economic data is often revised after the fact.  The market is forward looking and anticipates future events.  The unexpected can and will happen.  The market is continually changing.  The conditions of the past are different from the present.  Past performance is not an indication of future performance.

Charting Last Week (10/22 - 10/26/12)

The Daily Leading Index rose by 1.10% percentage points to 5.30%. The gain was led by a rebound in Durable Goods New Orders after a large decline last month. The Daily Coincident Index remained at 2.35%. The Daily Leading Index page on the tab above is updated daily during the week.

Equities were down for the week, while bonds rallied. The red (or green) area indicates 2-3 standard deviations above (or below) the normal 21 day trading range. The gray area indicates 1-2 standard deviations above (or below) the normal 21 day trading range.

All information, data and analysis provided by this website is for informational purposes only and is not a recommendation to buy or sell any security.   Click here for more details.

Furthermore, these charts have limitations.  Economic data is often revised after the fact.  The market is forward looking and anticipates future events.  The unexpected can and will happen.  The market is continually changing.  The conditions of the past are different from the present.  Past performance is not an indication of future performance.

Charting Last Week (10/15 - 10/19/12)

The Daily Leading Index rose by 0.80% percentage points to 4.20%. The biggest contributor to the gain was new housing building permits which were up 11.6%. The Daily Coincident Index rose slightly to 2.35%. The Daily Leading Index page on the tab above is updated daily during the week.

Equities started the week off strong but fell the last two days. The S&P 500 (SPY) dropped 1.67% on Friday, the fourth largest drop this year. The red (or green) area indicates 2-3 standard deviations above (or below) the normal 21 day trading range. The gray area indicates 1-2 standard deviations above (or below) the normal 21 day trading range.

All information, data and analysis provided by this website is for informational purposes only and is not a recommendation to buy or sell any security.   Click here for more details.

Furthermore, these charts have limitations.  Economic data is often revised after the fact.  The market is forward looking and anticipates future events.  The unexpected can and will happen.  The market is continually changing.  The conditions of the past are different from the present.  Past performance is not an indication of future performance.

Charting Last Week (10/8 - 10/12/12)

The Daily Leading Index rose by 0.53% percentage points to 3.40%. The Daily Coincident Index rose remained at 2.34%. The Daily Leading Index page on the tab above is updated daily during the week.

Equities were fell for the week while bonds rose. The red (or green) area indicates 2-3 standard deviations above (or below) the normal 21 day trading range. The gray area indicates 1-2 standard deviations above (or below) the normal 21 day trading range.

All information, data and analysis provided by this website is for informational purposes only and is not a recommendation to buy or sell any security.   Click here for more details.

Furthermore, these charts have limitations.  Economic data is often revised after the fact.  The market is forward looking and anticipates future events.  The unexpected can and will happen.  The market is continually changing.  The conditions of the past are different from the present.  Past performance is not an indication of future performance.

Charting Last Week (10/1 - 10/5/12)

The Daily Leading Index fell by 0.01% percentage points to 2.86%. The Daily Coincident Index rose slightly to 2.34%. The Daily Leading Index page on the tab above is updated daily during the week.

Equities were up for the week while bonds fell. The red (or green) area indicates 2-3 standard deviations above (or below) the normal 21 day trading range. The gray area indicates 1-2 standard deviations above (or below) the normal 21 day trading range.

All information, data and analysis provided by this website is for informational purposes only and is not a recommendation to buy or sell any security.   Click here for more details.

Furthermore, these charts have limitations.  Economic data is often revised after the fact.  The market is forward looking and anticipates future events.  The unexpected can and will happen.  The market is continually changing.  The conditions of the past are different from the present.  Past performance is not an indication of future performance.

ISM Report on Business - 10/3/12

ISM's Non-Manufacturing Report on Business for September 2012 was released today. NMI, the composite index for Non-Manufacturing, came in at 55.05%, an increase of 1.40 percentage points from August. PMI, the composite index for Manufacturing, was released on Monday and was at 51.5%, an increase of 1.9 percentage points from August. A reading below 50 indicates that the sector is contracting. A reading below 42.6% for PMI indicates that the overall economy is declining. I have averaged the Manufacturing and Non-manufacturing components to create a composite reading.

Below is an interactive graph. You can interact with the graph by choosing what to display. The INDICATOR category contains all 10 areas surveyed as well as the PMI and NMI composites. The choices in the MA/NMA category allow you to view the Manufacturing report (MA), the Non-manufacturing report (NMA), and a composite of the two. The DATES category allows you to view specific periods of time.
 

Here is what some of the Respondents to the surveys are saying: 

Manufacturing 

•  "Appears that our so-called 'slowdown' was a summer thing. September brings with it increasing requirements and business." (Paper Products) 
•  "Business improved through Q3, but is beginning to show signs of slowing down in Q4; this has been a typical trend over the last few years." (Wood Products)
• "Business has picked up going into the last quarter." (Plastics & Rubber Products) 
• "We are sticking to our manufacturing plan, but have slowed production down considerably. Haven't added any new units to the 2012 plan, and still have no forecast for 2013 released." (Computer & Electronic Products)
• "Sales have tanked over the last two months, bringing a very concerned and stressed management team. Not very optimistic for the near-term future." (Apparel, Leather & Allied Products) 
• "Uncertainty in the healthcare legislation (reform) continues to be the underlying force keeping our sales revenue below its full potential." (Miscellaneous Manufacturing) 
• "Steel and aluminum prices still dropping, and auto production orders are up." (Transportation Equipment)
•  "Domestic business is up; international is down." (Electrical Equipment, Appliances & Components) 
• "Demand seems to have stabilized from August. New orders are appearing this month without advanced notice from our customers." (Chemical Products)  

Non-Manufacturing 

• "Business remains steady — optimistic for good fourth quarter." (Information) 
• "Drought is putting pressure on food cost; tourism slowdown over the summer." (Arts, Entertainment & Recreation) 
• "Things feel like the economy is moving. More new small business; unemployment declining; stock market up." (Health Care & Social Assistance) 
• "Economic outlook is improving, but company is putting a major effort into more cost reductions and reorganization, resulting in more collaboration between procurement and our internal customers." (Professional, Scientific & Technical Services) 
• "The general slowdown which began in March showed some reversal in August." (Wholesale Trade)

All information, data and analysis provided by this website is for informational purposes only and is not a recommendation to buy or sell any security.   Click here for more details.

Furthermore, these charts have limitations.  Economic data is often revised after the fact.  The market is forward looking and anticipates future events.  The unexpected can and will happen.  The market is continually changing.  The conditions of the past are different from the present.  Past performance is not an indication of future performance.