Monthly Archives: December 2017

//December

Texas Production Index Hits 11 Year High

Texas Production Index Hits 11 Year High The Texas Production index hits 11 year high in December, according to the Federal Reserve Bank of Dallas Texas Manufacturing Survey for December 2017. It reports factory activity expanded strongly in December, according to executives responding to the survey. The Production index spiked to its highest level in [...]

2017-12-29T20:09:11+00:00A View|

Housing Market Index at Highest Level Since July 1999

The NAHB/Wells Fargo Report Housing Market Index at Highest Level Since July 1999 Principally reflecting strengthening demand, the NAHB/Wells Fargo report the Housing Market Index (HMI) at highest level since July 1999. Wells Fargo Architecture Billings Index (ABI) rose to highest level of the year in November. This marks the ninth reading above the 50 [...]

2017-12-27T19:20:30+00:00A View|

US Manufacturers’ Economic Optimism Hit Historic High

US Manufacturers’ Economic Optimism Hit Historic High US manufacturers’ economic optimism hit historic high at 94.6 percent in Q4 of 2017, the highest rate ever recorded in the survey’s 20 year history, according to The National Association of Manufacturers (NAM) report. US Drill Rigs Running Rose Last Week The number of drill rigs running in the [...]

2017-12-15T18:12:52+00:00A View|

Production Index Increased 2.9 Percent

Overall Economy Grew for 102nd Consecutive Month and Production Index Increased 2.9 Percent The November PMI decreased 0.5 percent from October. The New Orders Index increased 0.6%. The Production Index increased 2.9 percent. Of the 18 manufacturing industries, 14 reported growth in November." The Institute for Supply Management (ISM) released its November 2017 Manufacturing ISM Report on [...]

2017-12-11T18:08:37+00:00A View|

Consumer Confidence Index Surged

Consumer Confidence Index Surged to its Highest Level in 17 Years Consumer confidence index surged to its highest level in 17 years. Consensus was expecting a slight decline for the month of November. The Index was also revised upward for October. I hope very one enjoyed their Thanksgiving Holiday...time to get back to business... Highlights [...]

2017-12-01T15:24:48+00:00A View|