Market Stats for January 6, 2012

1. I s su e 13 , Vo lu me 1 / J an u ar y 6 , 20 12
Positive News to Start 2012 The Week Ahead -> The “Keys”
Tim McLaughlin - Quiet Data Week to Start the Year; All Eyes on Europe
Employment data for the final month of 2011 was
reported this morning and the numbers were extremely Date Economic Release Prediction Last
strong. U.S. employers added more workers to payrolls than
forecast in December and the jobless rate declined to an 1/9 Consumer Credit $7.00B $7.65B
almost three year low, showing that the labor market gained
significant momentum heading into 2012. 1/10 NFIB Small Business Opt - 92.0
The 200,000 increase last month followed a revised 1/10 IBD/TIPP Eco Optimism - 42.8
100,000 gain in November, Labor Department figures
1/10 JOLT Job Openings - 3267
showed in Washington. The median projection in a
Bloomberg News survey called for a December gain of 1/10 Wholesale Inventories 0.5% 1.6%
155,000. The unemployment rate unexpectedly fell to 8.5
percent, the lowest since February 2009, while hours worked 1/11 MBA Mortgage Applications - -4.1%
and earnings climbed.
1/12 Advance Retail Sales 0.2% 0.2%
“It really does look like the economy is beginning to
1/12 less Autos 0.3% 0.2%
change gears as the labor market is firming,” Joel Naroff,
president of Naroff Economic Advisors Inc. in Holland, 1/12 less Autos and Gas 0.3% 0.2%
Pennsylvania, said before the report. “We started off 2011
with pretty solid job gains and that looks like it could be the 1/12 Retail Sales “Control Group” - 0.2%
case in 2012 as well.”
1/12 Initial Jobless Claims 375K 372K
The unemployment rate, derived from a separate survey
of households, was forecast to climb to 8.7 percent, 1/12 Continuing Claims - 3595K
according to the survey median. The decrease in the jobless
1/12 BB Consumer Comfort - -44.8
rate from a revised 8.7 percent in November reflected a
decline in unemployment combined with a gain in Americans 1/12 Philly Fed Revisions - -
saying they were employed.
1/12 Business Inventories 0.4% 0.8%
==========
1/12 Monthly Budget Statement -$79.0B -
Additionally, on Thursday, Consumer Confidence rose to
1/13 Import Price Index (MoM) -0.1% 0.7%
the highest level in more than five months and the pace of
firings declined, showing an improving job market is 1/13 Import Price Index (YoY) 8.2% 9.9%
bolstering the biggest part of the economy.
1/13 Trade Balance -$44.6B -$43.5B
The Bloomberg Consumer Comfort Index climbed to
minus 44.8 in the period ended Dec. 31, the best reading 1/13 U of Michigan Confidence 70.5 69.9
since mid-July, from minus 47.5 the prior week. Applications
for jobless benefits decreased by 15,000 during the same
time to 372,000, according to Labor Department figures. Secondary Marketing Takeaways: Continued
positive employment data plus growing confidence in
A pickup in hiring will further lift Americans’ moods, the economy equates to positive news for all economic
raising the odds household spending, which accounts for fronts, including housing (confidence = willingness to
about 70 percent of the economy, will keep climbing buy). Additionally, with all eyes on the European debt
crisis, that should keep rates contained vs. rising.
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