Today’s Issue Cluster: US Economy & Real Estate
US – Jun: Producer Prices Climb 0.5%, core +0.4% / WSJ
US – Week: Jobless Claims Hold Steady; 254k / WSJ / R
US – Are vehicle sales warning of a slowdown? ft * * *
US – Rebounding Manufacturing Bracing for Post-Brexit Storm B *
US – Spending Seen Solid Through Latest Overseas Turmoil B *
US – Seasonal Fluctuations Vex Statisticians WSJ *
US – Soaring Child-Care Costs Squeeze Families WSJ *
US – Inversions create 26% growth for Ireland NYT / B / FT *
Fed – Brexit Weighs on Outlook in Some Regions WSJ / R
Fed – December Rate Hike Odds Approaching Pre-Brexit Levels / b *
US – Banks Keep Making More Jumbo Mortgage Loans WSJ *
US – Apartment Rent Growth Slowing WSJ
US – Apartment Developers Press Pause B *
US – Reis Apartment Vacancy Rate Unchanged / cr *
US – Mall Owners Push Out Department Stores WSJ *
US – Reis Regional Mall Vacancy Rate Increased R / cr *
US – Banks raise regulator fears over property loan bubble FT
US – Reis Office Vacancy Rate Declined / cr *
Silicon Valley – Startups Try to Spread Out WSJ *
Silicon Valley – SF Considers Tax on Tech Companies NYT
Rail – Buffett’s Favorite Indicator Misses B *
Rail – CSX Revenue Falls 12% as Coal Shipments Continue to Slip WSJ
Rail – Expansion Projects Spark Tensions WSJ
Rail – Executive Offers $8b Remedy for Midwest Logjam WSJ *
Rail – LA-LV high-speed rail ends deal with China group R / WSJ
Shale – US reserves become world’s lowest-cost oil FT / WSJ *
Shale – Most future oil projected to come from tight deposits b *
Shale – Authors retract study that found pollution near fracking sites RW
Shale – Fracking threatens UK’s carbon targets, says report FT
Silicon Valley’s Largest Companies reddit *
