Jeffrey Havsy

@CBRE @CBREResearch Americas Chief Economist and Managing Director of @CBRE_EA

[Jeffrey Havsy @jeffhavsy]

Interesting canary in a coal mine. https://t.co/ztUMsbciYZ https://t.co/HN4xRdDyOV

[Jeffrey Havsy @jeffhavsy]

Third and fourth generation working the Penn Relays. @pennrelays

[Jeffrey Havsy @jeffhavsy]

I wonder if they have really considered all the issues that go with data privacy and security. This is a fascinating concept and the parties involved will learn a lot. The next question is how much will they share. Having all this…https://t.co/vHmX1fLFtn https://t.co/1HTJRw53cq

[Jeffrey Havsy @jeffhavsy]

But Fed does need to worry about deflation anymore. Combined with wage growth, Fed can move on tightening cycle w less worry.

[Jeffrey Havsy @jeffhavsy]

Headline CPI up 0.3% m/m and 2.1% YoY. Core up 0.2% m/m and 2.2% YoY. At Fed target. Need to see what Core PCE is

[Jeffrey Havsy @jeffhavsy]

Retail sales up 0.6% m/m driven by strong auto sales. Core up 0.2% department stores down 0.6%.

[Jeffrey Havsy @jeffhavsy]

https://t.co/JPsnPhsoje New report from our global chief economist. Excellent read.

[Jeffrey Havsy @jeffhavsy]

Unemployment claims remain low. 95 consecutive weeks below 300k.

[Jeffrey Havsy @jeffhavsy]

Solid but not spectacular jobs report. Feels like oct and sept.

[Jeffrey Havsy @jeffhavsy]

Personal income up 0.6% and consumption up 0.3%. Price index up 1.4.

[Jeffrey Havsy @jeffhavsy]

ADP up 216. Well above consensus forecast of 160 for ADP. Consensus for Friday's jobs report 170. Take the over?

[Jeffrey Havsy @jeffhavsy]

Surprise you in the revision may be nonresi investment up from 5.4 to 10.1. Gross private domestic investment fell however.

[Jeffrey Havsy @jeffhavsy]

3Q GDP revised up from 2.9 to 3.2. The upward revision was expected. PCE moved from 2.1 to 2.8.

[Jeffrey Havsy @jeffhavsy]

Yellen strongly hints at rate hike soon.

[Jeffrey Havsy @jeffhavsy]

Weekly unemployment claims fell to 235,000. Lowest level since 1973. Labor market still good.

[Jeffrey Havsy @jeffhavsy]

Getting closer to Fed's 2% target

[Jeffrey Havsy @jeffhavsy]

Monthly basis, median CPI was at 2.1% annualized, trimmed-mean CPI was at 2.2% annualized, and core CPI was at 1.8% annualized.

[Jeffrey Havsy @jeffhavsy]

https://t.co/yQ9G0gLyW8
Read CBRE's new report Millennials: Myths and Realities

[CBRE @CBRE]

What’s fact and fiction about global #millennials? Find out in our new global survey. https://t.co/S2SEjXiM3G @CBREResearch

[Jeffrey Havsy @jeffhavsy]

Upward revisions may push second estimate of Q3 GDP up

[Jeffrey Havsy @jeffhavsy]

Sales ex-gas up 0.7%. Gas sales up too. Sales ex-gas up 4.5%.