US-based employers announced 40,70 job cuts in June. This is down 49% from the 80,089 job cuts announced in May; however, it is up 25% from the 32,517 job cuts announced in June 2022.
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US Weekly Jobless Claims Increase in the Week Ending July 1st
The advance figure for seasonally adjusted initial unemployment claims was 248,000 during the week ending on Saturday, July 30th. This is an increase of 12,000 from the previous week’s revised level of 236,000.
U.S. Homes are Selling for 1% Less than Last Year’s All-Time Record High
Redfin, the Seattle-based, technology powered, real estate brokerage firm reported on Thursday (6-29-23), that according to their data the typical […]
Mortgage Payments Increase in April 2023 – for Fifth Consecutive Month – Setting New Record High
The Mortgage Bankers Association (MBA) reported on Thursday (6-29-23), that according to its Purchase Applications Payment Index (PAPI), which measures […]
U.S. Monthly Construction Spending Increased in May 2023
On Monday (7-3-23), The U.S. Census Bureau reported that total construction spending during May 2023 was estimated at a seasonally […]
Canadian Real Gross Domestic Product Unchanged from April
Statistics Canada (StatsCan) reported on Friday (6-30-23), that real gross domestic product (GDP) in Canada, was unchanged in April, following […]
Personal Income – Disposable Income – Personal Consumption Expenditures All Up in May 2023
The U.S. Bureau of Economic Analysis (BEA) reported on Friday (6-30-23), that according to their estimates, personal income (PI) increased […]
University of Michigan Reports Final Results of its Consumer Sentiment Index for June 2023
The University of Michigan on Friday (6-30-23), released the final results of its Consumer Sentiment Index (CSI) for June. The […]
30-year & 15-year Fixed Mortgage Rates Inch Higher in the Week Ending June 29th, 2023
Freddie Mac has released its Primary Mortgage Market Survey® (PMMS) for the week ending June 29, 2023. The PMMS reports […]
U.S. Pending Homes Sales Declined in 3 out of 4 Regions in May
On Thursday (6-29-23), The National Association of Realtors® (NAR) reported their Pending Homes Sales Index (PHSI), which is based on […]