Is the change in gas prices affecting driving habits? Vehicle Miles Traveled in Jun 2026 at 278 billions of miles, up 1019 million miles from prior month #econsky
Philipp Maier
@pmaier1971.bsky.social
Economic data releases and news, automated with R. Data from http://fred.stlouisfed.org. Code/details: http://whyitmatters.netlify.app All views and errors are mine.
Uncertainty Update: VIX at 16.5; 7-day average of the Economic Policy Uncertainty Index at 303.8, up 38.6 from the prior week #vix #MarketVolatility #econsky https://tinyurl.com/3bvx9f5m
The Chicago Fed Financial Conditions Index in Jul 2026 came in at -0.53, up from -0.53 the prior month.Negative values indicate financial conditions that are looser than average. #econsky
Today's #ADP data suggests an increase in private sector #employment of 29000K jobs, up from 24000K in Jun 2026. Note that historically the ADP report is not overly accurate in predicting the #payroll number. #econsky
On 31 Jul the Nominal Emerging Market USD Index stood at 128.3405. Relative to a month ago, this is approx. a decrease of -0.8%. Relative to a year ago, USD is about -3.32% lower. The index is weighted against a broad subset of emerging market currencies #exchangerates #econsky
7-day weighted av. for Diesel currently at $5.35, up 3.5 cents from last week. Diesel engines in trucks, trains, boats, and barges transport nearly all products people consume. Relative to 12 months ago, this is a $1.55 increase. #econsky
7-day weighted av. price for gas currently at $4.21, down -1.7 cents from last week. Relative to 12 months ago, this is a 95 cent increase. #econsky
Manufacturers' New Orders for Durable Goods rose by 0.47% in Jun 2026; for Nondurable Goods new orders declined by -1.19% #econsky
Jun 2026 exports were $314.7B, down $-2.9B from the prior month. Imports were $388B, down $-7.3B. #econsky
US Trade Balance for Jun 2026 came in at $-73.3B. In May 2026 the trade balance stood at -77.6B. Narrower trade deficits are a lift for GDP growth #econsky
On 31 July the Nominal Broad U.S. Dollar Index stood at 119.7034. Relative to a month ago, this is approx. a decrease of -0.98%. Relative to a year ago, USD is about -1.24% lower. The index is weighted against a broad group of trading partners #exchangerate #usd #econsky
Total Construction spending for Jun 2026 came in at $2.17B. Relative to prior month, this is an decrease by -0.1%. In May 2026, construction spending grew by0% #construction #gdp #econsky
Total Assets for all Commercial Banks have decreased from 25700.0619 last week to 25673.4115 on 22 July. Relative to a year ago, this represents an increase of about 4.67%. Evolution of the main asset categories shown in the chart below #commercialbanks #assets #econsky
Corporate Bond Market Update: Using data as of 31 July, Moody's Seasoned Aaa Corporate Bond Yield for bonds with 20+ years maturity is at 5.96% for the AAA (up 0.09p.p. from the prior week). The BAA is at 6.38%. #econsky
Transportation indices are volatile, but can serve as leading indicator. In May 2026 the Passenger Transportation Services Index stood at 136.7; the Freight Transportation Index stood at 127 in May 2026 #econsky Details: https://rb.gy/ws6csr
The Truck Tonnage Index fell by -2.06% in May 2026. Trucking is a barometer of the U.S. economy, representing over 70% of tonnage carried (incl. manufactured and retail goods). The index is dominated by contract freight with minimal amounts of spot market loads #econsky