In This Issue… Last Week in Review: Housing is cooling, inflation is warming and the Fed announced more tapering. Forecast for the Week: Important housing, inflation and consumer confidence reports are ahead. Plus, we’ll get news on the state of our economy with the final reading for first quarter Gross Domestic Product. Last Week in Read More
In This Issue… Last Week in Review: Housing reports were front and center, and tensions from overseas impacted the markets. Forecast for the Week: Look for key reports on housing, inflation, manufacturing and jobs. Plus, the Fed meets. Last Week in Review “Reality is the leading cause of stress amongst those in touch with it.” Read More
March Retail Sales rose by 1.1% with consumers spending across the board as the economy seems to be emerging from the harsh winter weather. The 1.1% rise was better than the 1% expected and up from the 0.7% registered in February. It was the largest gain in 2 years.
In This Issue Last Week in Review: There was good news in the housing and labor markets, plus the minutes from the Fed’s March meeting were released. Forecast for the Week: Look for key news on housing, consumer inflation, consumer spending, and manufacturing. Last Week in Review “The one function that TV news performs very Read More
The Labor Department reported on Thursday that Weekly Initial Jobless Claims fell by 32,000 in the latest week to 300,000, the lowest level in nearly seven years, signaling that the job market may be coming out of hibernation as spring blooms.
In This Issue Last Week in Review: The Jobs Report for March was released, along with important housing news. Forecast for the Week: Look for the minutes from March’s Federal Open Market Committee meeting, plus news on wholesale inflation and consumer sentiment. Last Week in Review Not too hot. Not too cold. Just right. While Read More
The Labor Department reported on Friday that there were 192,000 jobs created in March, which was just below the 195,000 expected as hiring rebounds from the low numbers seen in December, January and early February due to the harsh winter weather. Job creations in January and February were revised higher by 37,000. The report was Read More
Home prices continue to increase by double digit percentages on a year-over-year basis CoreLogic said today. The company’s Home Price Index (HPI) for February, an index that includes distressed sales, was up 12.2 percent compared to February 2013. Thus February becomes the 24th consecutive month in which there have been annual price increases. Home prices Read More
CoreLogic Chief Economist Mark Fleming suggests that an examination of housing’s one-percenters might be as valuable an analysis as a glance at that segment’s income and/or wealth distribution. Historically, at least for the last two decades, homes that have sold for over $1 million have made up 1 percent of sales, a useful proxy. The Read More
In This Issue Last Week in Review: The labor market showed signs of improvement while the harsh winter continued to impact housing. Forecast for the Week: The Jobs Report for March will be important to dissect, plus several key manufacturing reports will be released. Last Week in Review “The world is but a perpetual see-saw.” Read More