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Vehicle sales, Manhattan apartment sales, ISM NY, Redbook retail sales

Summary:
Based on a preliminary estimate from WardsAuto, light vehicle sales were at a 17.65 million SAAR in September. That is down about 2% from September 2015, and up 4.3% from the 16.92 million annual sales rate last month. Read more at http://www.calculatedriskblog.com/#ycdZ4cVpGQLvjHoI.99 Manhattan apartment sales plunge 19 percent By Robert Frank ISM New York Report On Business September 2016 ISM New York 49.6 in September. New York City business activity largely held steady from August to September -with one notable exception. While minor adjustments were observed in all of the indices this month, Employment plummeted, dropping to the lowest level since the Great Recession of 2008 and its after effects in 2009.

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Based on a preliminary estimate from WardsAuto, light vehicle sales were at a 17.65 million SAAR in September.

That is down about 2% from September 2015, and up 4.3% from the 16.92 million annual sales rate last month.

Read more at http://www.calculatedriskblog.com/#ycdZ4cVpGQLvjHoI.99

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Manhattan apartment sales plunge 19 percent

By Robert Frank

ISM New York Report On Business September 2016

ISM New York 49.6 in September. New York City business activity largely held steady from August to September -with one notable exception. While minor adjustments were observed in all of the indices this month, Employment plummeted, dropping to the lowest level since the Great Recession of 2008 and its after effects in 2009.

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WARREN MOSLER
Warren Mosler is an American economist and theorist, and one of the leading voices in the field of Modern Monetary Theory (MMT). Presently, Warren resides on St. Croix, in the US Virgin Islands, where he owns and operates Valance Co., Inc.

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