Friday's September jobs report, including the strong
upward revisions for prior months, a sizable increase in earnings, and a sharp decline in the unemployment rate, should provide further impetus for improving consumer confidence in the housing market.»
Case in point: the countless profit estimates and constant
upward revisions for BBRY.
Upward revisions for August and September showed that there were 110,000 fewer jobs lost in those months than previously reported — although the net change was still a loss of 42,000 jobs for the two months.
Also, the overall trade deficit in Q2 was revised to be much smaller compared to Q1, which may lead to a possible
upward revision for Q2 GDP growth.
The report also noted a strong
upward revision for the April rate of sales, increasing from a 569,000 annual pace to 593,000.
The Federal Housing Finance Agency's (FHFA) House Price Index jumped 0.7 percent in April with a 0.1 percent
upward revision for March.
Not exact matches
U.S. stock prices hit their highest in nearly two months after an
upward revision to the country's economic growth
for the fourth quarter.
The United States accounts
for more than half of that
upward revision.
The worst case scenario is likely wage growth higher than expected (0.3 percent or higher month over month, 2.9 percent to 3 percent annual), with
upward revisions from February, and job growth much higher, all of which would increase the chances
for a Fed rate hike.
Despite some arguments on Wednesday that the
upward revision of growth in the second quarter would table the Federal Reserve's plan
for another round of quantitative easing, Bill Gross of PIMCO says it will happen regardless.
Despite the backdrop of political and economic uncertainty, OPEC said that it anticipated world oil demand growth in 2016 to increase by 1.23 million barrels a day (mb / d) after a marginal
upward revision, mainly to reflect better - than - expected economic data
for the first half of the year.
End - of - week profit taking prevented the U.S. dollar from extending its gains on Friday despite stronger - than - expected first - quarter U.S. GDP growth and an
upward revision to the University of Michigan's consumer confidence index.With that in mind, steady growth and rising inflation expectations should foster further gains in the dollar next week as investors are convinced that the Federal Reserve will use the May meeting to prepare the market
for a June hike.
I urge you to «hang on» to stocks in preparation
for a powerful rally that may be sparked on Tuesday by the
upward revision in third quarter GDP.
However, payrolls data
for March showed an increase of 308,000 jobs, with
upward revisions to earlier months resulting in an average increase over the previous couple of months of around 100,000 jobs (Graph 3).
Investment intentions
for machinery and equipment were revised up more strongly than the total, with the
upward revisions spread across most industry groups.
Global bond yields remain relatively low, reflecting expectations that global interest rates are still likely to remain low
for some time, notwithstanding
upward revisions to those expectations in the past couple of months.
This is partly due to higher - than - expected quarterly inflation in March, but it also seems to indicate some
upward revision to expectations
for the June quarter.
Last week, we saw an unusual
revision in new claims data, not just
for the previous week, but in months of prior releases, with
upward revisions averaging about 10,000 in the most recent reports (e.g. the Feb 25 figure was revised from 354,000 to 373,000).
Shipments though were better than expected and could lead to an
upward revision in the data above
for Q4 GDP.
- The IMF said, «The
upward revision of 0.5 percentage point in 2018 and 0.1 percentage point in 2019 relative to the October WEO reflects more favorable external demand prospects, rising private investment, and the supplementary budget
for 2018.»
After successive
upward revisions, the Consensus forecast is now
for growth in the world economy to be above trend in 2004, with growth more synchronised across countries than has been the case
for some time (Table 1).
The mining industry experienced the largest
upward revisions to earnings forecasts, with market analysts expecting profitability to remain high as a result of continued strong demand
for commodities.
Markets largely ignored a soft fourth quarter GDP read that saw the Australian Economy grow just 0.5 % as an
upward revision to Third quarter growth defused immediate calls
for looser monetary policy.
«We continue to deliver impressive financial results, especially
for our beer business, which is driving the
upward revision to our EPS guidance
for the year,» Klein said in a press release.
If this state of knowledge were to be revised in such a way as to indicate that the amplitude of the climate variations were larger than previously thought, that could very well call
for for an
upward revision of climate sensitivity
Compared to the outgoing version, prices
for the new Jetta have seen an
upward revision of prices
for the petrol version increased by Rs. 42,000 / - across all variants while the diesel engined version has seen a hike by Rs. 35,000 — 42,000 / - spread across different variants.
However, new home sales [PDF] rose 6.4 percent in April to a seasonally adjusted annual rate of 433,000, which followed an
upward revision of 11,000 units
for the prior two months.»
However, new home sales rose 6.4 percent in April to a seasonally adjusted annual rate of 433,000, which followed an
upward revision of 11,000 units
for the prior two months.»
For now, the Bank of Canada has chosen to incorporate assumptions about prospective tax policies only, resulting in a modest
upward revision to its US growth outlook.
If overall valuations are increasing, it makes sense
for stocks that have strong earnings growth and
upward analyst
revisions to go up at a faster rate.
If this state of knowledge were to be revised in such a way as to indicate that the amplitude of the climate variations were larger than previously thought, that could very well call
for for an
upward revision of climate sensitivity
Those proposed commitments should be submitted by Parties in 2014 in order to enable a full and transparent review and allow
for upward revisions in ambition by COP 21.
The July Outlook
for arctic sea ice extent in September 2010 shows some notable adjustments from the June Outlook, with both downward and
upward revisions from last month.
Two factors which seem to account
for this
upward revision are the swift economic growth in developing nations, especially in China and India, and the limited ability of the Earth's oceans to absorb excessive carbon emissions.
The
upward revision is in longer - tenured of two years and above making bank FDs once again attractive
for conservative investors.
«The recent
upward revisions to the sales numbers reflect our forecast
for a gradual strengthening of the single - family housing sector in 2018,» said Robert Dietz, chief economist
for the NAHB.
Following significant
upward revisions reported
for both November and December, single - family starts held virtually flat in January with a 1.0 percent decline to a 508,000 - unit rate.
«However, new home sales rose 6.4 percent in April to a seasonally adjusted annual rate of 433,000, which followed an
upward revision of 11,000 units
for the prior two months.»
«The recent
upward revisions to the sales numbers reflect our forecast
for a gradual strengthening of the single - family housing sector in 2018,» said NAHB Chief Economist Robert Dietz.