a.m.investor.brief; 071809

NRCNST - New Residential Construction; 071709

According to the U.S. Census Bureau's June 2009 New Residential Construction Report, the seasonally adjusted and annualized rate of new housing starts came in at 582,000 vs. 562,000 in May 2009, a 20,000 unit - or 3.6% - sequential increase; year-over-year the rate of new housing starts declined 46.0%, from 1,078,000. Chart Link: New Housing Starts.

The outcome was above the consensus estimate. Briefing.com reported the consensus estimate at 530,000 units.

a.m.investor.brief; 071709

PHILLY - Business Outlook Survey; 071609

From today's Business Outlook Survey (Philly Fed Survey)

The region's manufacturing sector is still experiencing weakness, according to firms polled for this month's Business Outlook Survey. Indexes for general activity, new orders, and shipments all registered negative readings this month, although the indexes' levels remained above their average readings for the year. Firms also report continued declines in employment and work hours this month. Most of the survey's broad indicators of future activity declined slightly this month, but they continue to suggest that the region's manufacturing executives expect a recovery in business over the next six months.

TICDATA - Foreigners' Transactions; 071609

The U.S. Department of the Treasury released its May 2009 Data on Foreign Purchases and Sales of Long-Term Domestic and Foreign Securities. According to the report foreigners' net purchases of long-term securities from U.S. residents amounted to -$19.76 billion, a $31.28 billion decrease from $11.51 billion in April 2009. For the comparable period last year net foreign purchases are reported at $74.85 billion. Chart Links: Net Foreign Purchases - Net Foreign Purchases of U.S. Securities from U.S. Residents - Net Foreign Purchases of Foreign Securities from U.S. Residents.

The outcome was below the consensus forecast. Briefing.com reports the consensus forecast at $16.5 billion.

UIWCR - Unemployment Insurance Claims; 071609

The U.S. Department of Labor's Unemployment Insurance Weekly Claims Report for the week ending 07-11-09 indicates seasonally adjusted initial claims were 522,000 vs. 569,000 for the week ending 07-04-09, a sequential decrease of 47,000 initial claims, or 8.26%; year-over-year initial claims decreased 34.88%, from 387,000. Chart Link: Unemployment Insurance Weekly Claims

The outcome was below the consensus estimate. Briefing.com reported a consensus estimate of 553 thousand initial claims.