You are currently browsing the Burbank Real Estate Report weblog archives for July, 2007.
31. July 2007 by Ana Connell.

Did you know, that City of Burbank has a composting program?
The program started back in 1989 and through this program Burbank has been able to keep 50% of it’s waste from making it to the landfills!
Composting is the process where living organisms turn organic waste and yard waste into a rich amendment that you can use in your yard to naturally fertilize your soil.
What’s great is that residents are eligible to receive free composting instruction through workshops and a free composter!
The workshops cover topics ranging from how and what to compost to Xeriscape(minimal water usuage) landscaping! Trust me I did not know what the meaning of Xeriscape was either!
If you are interested in getting started, please call City of Burbank Recycle Center at 818-238-3900.
Posted in Go Green! | Print | No Comments »
28. July 2007 by Ana Connell.

Monday 30
3 Month & 6 Month Bill Auction
Tuesday 31
ICSC-USB Store Sales Tracks comparable weekly sales from major retail chains and represents 10% of total retail sales. Is considered to be one of the most timely indicators of consumer spending.
Redbook a timely indicator of consumer spending and also represents about 10% of total retail sales. This measure tracks weekly sales from discounters, chain and department stores.
Factory Orders Consensus - -1.2
Pending Homes Index-The National Association of Realtors developed the pending home sales index as a leading indicator of housing activity. As such, it is a leading indicator of existing home sales, not new home sales. A pending sale is one in which a contract was signed, but not yet closed. It usually takes four to six weeks to close a contracted sale.
Motor Vehicle Sales Consensus 12.4 M
Employment Cost Index-Consensus .9% Measures total cost of employee compensation, used to evaluate wage trends in the market place.
Personal Income Outlays-Consensus .6% Another measure to gauge consumer spending power.
NAPM-Chicago-Consensus 58-Business conditions in the Chicago area, another measure of economic growth.
Construction Spending-Consensus .2% Good indicator of the economy’s momentum.
Consumer Confidence -Consensus 105
4-week Bill Auction
Wednesday 1
Pending Homes Sales Index-Release from NAR Gauges demand and momentum of housing market
ISM Manufacturirng Index Consensus-55.0 Survey of manufacturing firms that measure their sentiments on a variety of areas including employment, production, new orders and inventories.
Challenger Job Cut Report Announced corporate layoffs.
MBA Purchase Applications-Measures Mortgage Lender applications, this is considered a leading indicator of single family home sales!
ADP Employment Report-National Employment report based on private payrolls
EIA Petroleum Status Report-Measures petroleum inventories in the US
Motor Vehicle Sales Consensus 12.2M
Thursday 2
Monster Employment Index Job availability compiled by Monsters from 1500+ websites.
BOE Announcement- Bank of England Monetary Policy
ECB Announcement- Interest Rate policy issued by European Central Bank
Jobless Claims Unemployment claims. Consensus 310K
Factory Orders Consensus 1.0%
Friday3
ISM Non Manufacturing Survey Consensus 58.5
Employment Situation-
|
|
|||||||||||||
| Average Hourly Earnings - M/M change | ||||||||||||||
| Consensus | 0.3% | |||||||||||||
| Consensus Range | 0.2% to 0.4% | |||||||||||||
![]()
| Average Workweek - Level | |
| Consensus | 33.9hrs |
| Consensus Range | 33.8hrs to 33.9hrs |
Busy week ahead and we certainly had an eventful week last week as we saw hefty declines in the both the stock market (441points) and bond rates……subprime concerns, oil prices still
There you have it!
Have a great week everyone!
For your Burbank Real Estate needs please visit my website at anaconnell.com!
Posted in Blogroll | Print | No Comments »
22. July 2007 by Ana Connell.

Monday 23
3 & 6 Month Bill Auction
Tuesday 24
ICSC-USB Store Sales Tracks comparable weekly sales from major retail chains and represents 10% of total retail sales. Is considered to be one of the most timely indicators of consumer spending.
Redbook a timely indicator of consumer spending and also represents about 10% of total retail sales. This measure tracks weekly sales from discounters, chain and department stores.
State Street Investor Confidence Index Measures actual levels of risk in investor portfolio.
4 Week Bill Auction & 20 Year Tips Auction
Wednesday 25
Existing Home Sales-consensus 5.870M….. Year to year this number has dropped 10.3% and housing supply at 8.9 months is at it’s highest since 1992. June sales are not expected to be any better.
MBA Purchase Applications measures applications at mortgage lenders. This is considered a leading indicator for single family home sales and housing construction.
EIA Petroleum Status Report reports on crude oil inventories in the U.S.
Beige Book
2 Year Note Auction
Thursday 26
New Home Sales Consensus 890,000
Durable Goods Orders Consensus 2.0%
Jobless Claims Unemployment claims. Consensus 312K
Help Wanted Index
EIA Natural Gas Report-Tracks natural gas inventories.
3 and 6 month Treasury Bill Announcement Investors use this data to attempt to predict future Federal Reserve policy.
5 Year Acution
Friday 27
Consumer Sentiment Consensus 91
GDP Consensus 3.2%
Last week was interesting as we saw the Dow reach 14,000 and come down 300 points the next day. Subprime and earnings concerns continue to plague the market. Overall higher mortgage rates will contribute to a softer housing market. Job market is tight and higher gasoline prices at the pump continue to put a drag on consumer budgets.
The consensus seems to be that we can expect more volatility going forward.
Have a great week!
Posted in Economic Market Reports, Blogroll | Print | No Comments »
15. July 2007 by Ana Connell.

Monday 16
Empire State Manufacturing Survey-monthly survey of manufacturers in New York State.Consensus 17.5
3 Month & 6 Month Bill Auction
Tuesday 17
Housing Market Index-Produced by the National Association of Home Builders. This is a survey which is filled out by the members of this organization and it gives their opinion of the general state of the housing market and the economy.
Producer Price Index PPI Consensus Forecast for June 07: +0.1 percent
ICSC-USB Store Sales Tracks comparable weekly sales from major retail chains and represents 10% of total retail sales. Is considered to be one of the most timely indicators of consumer spending.Redbook a timely indicator of consumer spending and also represents about 10% of total retail sales. This measure tracks weekly sales from discounters, chain and department stores.
4 Week bill Auction
Treasury Int’l Capital-measures foreign demand for our debt and assets by tracking flows of financial instruments into and out of the U.S.
Wednesday 18
Fed Chariman Ben Bernanke speaks before the House Financial Services Committee
Housing Starts Consensus 1.450M Starts slipped in May by 2.1% and so far the consensus points to continued weakness.
CPI-Consumer Price Index- measures average price of a fixed set of goods and services used by consumers.
MBA Purchase Applications measures applications at mortgage lenders. This is considered a leading indicator for single family home sales and housing construction.
EIA Petroleum Status Report reports on crude oil inventories in the U.S.
Thursday 19
Fed Chairman Ben Bernanke speaks before Senate Banking Committee on monetary policy.
Jobless Claims Unemployment claims. Consensus 310k
Leading Indicators -Consensus -.1%
Philidelphia Fed Survey- Consensus 14.0
EIA Natural Gas Report-Tracks natural gas inventories.
3 , 6 month Treasury Bill, 20 Year TIPS Announcement Investors use this data to attempt to predict future Federal Reserve policy.
Federal Open Market Committee (FOMC) Notes
Friday 20
Have a great week!
Remember to click on the links for more information on each report.
Please come visit me at anaconnell.com!
Posted in Economic Market Reports, Blogroll | Print | No Comments »
8. July 2007 by Ana Connell.

Monday 9
3 & 6 Month Bill Auction
Consumer Credit Consensus 5.6B
This report represents the overall value of outstanding consumer credit debt. Very simply put, if demand exceeds supply, interest rates rise.
Tuesday 10
ICSC-USB Store Sales Tracks comparable weekly sales from major retail chains and represents 10% of total retail sales. Is considered to be one of the most timely indicators of consumer spending.
Redbook a timely indicator of consumer spending and also represents about 10% of total retail sales. This measure tracks weekly sales from discounters, chain and department stores.
Bank of Canada Monetary Policy Announcement
Wholesale Trade
4 Week bill Auction
Bernanke to speak in Cambridge about U.S. Inflation
Wednesday 11
MBA Purchase Applications measures applications at mortgage lenders. This is considered a leading indicator for single family home sales and housing construction.
EIA Petroleum Status Report reports on crude oil inventories in the U.S.
Thursday 12
International Trade Gauges economic trends by measuring levels of imports and exports.
Jobless Claims Unemployment claims.
EIA Natural Gas Report-Tracks natural gas inventories.
3 and 6 month Treasury Bill Announcement , 10 year Tips Auction Investors use this data to attempt to predict future Federal Reserve policy.
Chain Store Sales Another indicator of consumer spending trends.
Friday 13
Consumer Sentiment Consensus 86
Business Inventories-Consensus .3%Import and Export Prices Consensus .6%
RBC Cash Index Monthly national survey of consumer attitudes on the state of the economy. Consumer spending accounts for two thirds of the economy, so this tends to be an important index.
Last weeks reports came in moderately strong, keeping upward pressure on interest rates. Crude Oil jumped last week as well, so we’ll see what the new week brings!
My website is under construction, but come visit me at anaconnell.com!
Posted in Economic Market Reports, Blogroll | Print | No Comments »