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First District: Boston Second District: New York Third District: Philadelphia Fourth District: Cleveland Board of Governors Board of Governors Fifth District: Richmond Sixth District: Atlanta Seventh District: Chicago Eighth District: St. Louis Ninth District: Minneapolis Tenth District: Kansas City Eleventh District: Dallas Twelfth District: San Francisco Twelfth District: San Francisco
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Business Cycle Dating Committee Page - Watch NBER's Jim Poterba on CNBC Dec2009 - Sep2010.

Last Peak in U.S. Economic Activity was December 2007 and Current Trough was June 2009
Previous Peak in U.S. Economic Activity was March 2001 and Previous Trough was November 2001.

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Economic Events this Week
7/15Mon08:30AM : Jul New York Fed Empire State Manufacturing Survey
7/16Tue07:45AM : Weekly TRE-GS Store Sales Index
7/16Tue08:30AM : Jun U.S. Import Index
7/16Tue08:30AM : Jun Retail Sales
7/16Tue08:30AM : Jun Retail Sales Ex Autos
7/16Tue09:00AM : Weekly Redbook Retail Sales Index
7/16Tue09:15AM : Jun Industrial Production
7/16Tue09:15AM : Jun Capacity Utilization
7/16Tue10:00AM : May Business Inventories
7/16Tue10:00AM : Jul NAHB Housing Market Index
7/16Tue04:00PM : July U.S. Treasury International Capital
7/17Wed07:00AM : Weekly MBA Mortgage Applications Survey
7/17Wed08:30AM : Jun Housing Starts
7/17Wed10:30AM : Weekly U.S. Petroleum Status Report
7/17Wed02:00PM : Federal Reserve Beige Book
7/18Thu08:30AM : Jul Philadelphia Fed Mfg Business Outlook Survey
7/18Thu08:30AM : Weekly Initial Jobless Claims
7/18Thu10:00AM : Jun Conference Board U.S. Leading Economic Indicators
7/19Fri10:00AM : Jun Regional and State Employment and Unemployment
7/19Fri10:00AM : Mid-Jul Univ. of Michigan Consumer Sentiment Index
Latest Economic Results Provided by
U.S. Leading Economic Index declined 0.3% in June

07/18/19 - The Conference Board Leading Economic Index® (LEI) for the U.S. declined 0.3 percent in June to 111.5 (2016 = 100), following no change in May, and a 0.1 percent increase in April.

“The US LEI fell in June, the first decline since last December, primarily driven by weaknesses in new orders for manufacturing, housing permits, and unemployment insurance claims,” said Ataman Ozyildirim, Senior Director of Economic Research at The Conference Board. “For …more…

Weekly Initial Unemployment Claims Increase 8,000 to 216,000

07/18/19 - In the week ending July 13, the advance figure for seasonally adjusted initial claims was 216,000, an increase of 8,000 from the previous week's revised level. The previous week's level was revised down by 1,000 from 209,000 to 208,000. The 4-week moving average was 218,750, a decrease of 250 from the previous week's revised average. The …more…

Philadelphia Fed Outlook Reported Activity recovered sharply in July

07/18/19 - Manufacturing conditions in the region showed improvement this month, according to firms responding to the July Manufacturing Business Outlook Survey. The survey’s indexes for general activity, new orders, shipments, and employment remained positive and increased from their June readings. Most of the survey’s future activity indexes …more…

Beige Book: Economic Activity expanded at a modest pace

07/17/19 - Overall Economic Activity
Economic activity continued to expand at a modest pace overall from mid-May through early July, with little change from the prior reporting period. In most Districts, sales of retail goods increased slightly overall, although vehicle sales were flat. Activity in the nonfinancial services sector rose further. …more…

June Housing Starts decreased 0.9%, Permits down 6.1%

07/17/19 - Building Permits
Privately‐owned housing units authorized by building permits in June were at a seasonally adjusted annual rate of 1,220,000. This is 6.1 percent (±1.2 percent) below the revised May rate of 1,299,000 and is 6.6 percent (±1.1 percent) below the June 2018 rate of 1,306,000. Single‐family authorizations in June were at a rate …more…

Purchase Apps down, Refi's up in Latest MBA Weekly Survey

07/17/19 - Mortgage applications decreased 1.1 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending July 12, 2019. Last week's results included an adjustment for the Fourth of …more…

Treasury International Capital Data for May 2019

07/16/19 - The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for May 2019. The sum total in May of all net foreign acquisitions of long-term securities, short-term U.S. securities, and banking flows was a net TIC inflow of $32.9 billion. Of this, net foreign private inflows were $73.5 billion, and net …more…

Business Inventories up 0.2% in May

07/16/19 - The combined value of distributive trade sales and manufacturers’ shipments for May, adjusted for seasonal and trading-day differences but not for price changes, was estimated at $1,461.4 billion, up 0.2 percent (±0.2 percent)* from April 2019 and was up 1.5 percent (±0.4 percent) from …more…

NAHB Builder Confidence rose one point to 65 in July

07/16/19 - Builder confidence in the market for newly-built single-family homes rose one point to 65 in July, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI) released today. This marks the sixth consecutive month that sentiment levels have held at a steady range in the low- …more…

Industrial Production unchanged%
Capacity Utilization decreased to 77.9%

07/16/19 - Industrial production was unchanged in June, as increases for both manufacturing and mining offset a decline for utilities. For the second quarter as a whole, industrial production declined at an annual rate of 1.2 percent, its second consecutive quarterly decrease. In June, manufacturing output advanced 0.4 percent. An increase of nearly …more…

Monthly Meetings Philadelphia Federal Reserve Bank
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