1/2 Small Business Report, with Gene Marks, Washington Post Small Business columnist. @genemarks

Aug 21, 2021, 01:23 AM

Photo:  Ornate architecture design

MACRO


New Residential Building Permits: Up 2.6% in July
https://www.census.gov/construction/nrc/pdf/newresconst.pdf

Builder Confidence at 13-Month Low on Higher Material Costs, Home Prices
https://eyeonhousing.org/2021/08/builder-confidence-at-13-month-low-on-higher-material-costs-home-prices/

New Residential Housing Starts Down 7% in July
http://www.census.gov/construction/nrc/pdf/newresconst.pdf


LA Area Port Traffic: Solid Imports, Weak Exports in July
https://www.calculatedriskblog.com/2021/08/la-area-port-traffic-solid-imports-weak.html


Industrial production increased 0.9 percent in July after moving up 0.2 percent in June. In July, manufacturing output rose 1.4 percent. About half of the gain in factory output is attributable to a jump of 11.2 percent for motor vehicles and parts, as a number of vehicle manufacturers trimmed or canceled their typical July shutdowns. Despite the large increase last month, vehicle assemblies continued to be constrained by a persistent shortage of semiconductors; the production of motor vehicles and parts in July was about 3-1/2 percent below its recent peak in January 2021. The output of utilities decreased 2.1 percent in July, while the index for mining rose 1.2 percent.
https://www.federalreserve.gov/releases/g17/Current/default.htm

Manufacturing activity in the Philly region continued to grow, according to the firms responding to the August Manufacturing Business Outlook Survey.
https://www.philadelphiafed.org/surveys-and-data/regional-economic-analysis/mbos-2021-08

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