Private sector employment increased by 38,000 jobs in August, while base pay rose 3.2% and gross pay increased 4.7% year-over-year, ADP reported.
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US Construction Spending Slips in July
US construction spending fell 0.5% in July to a seasonally adjust annual rate of $2.158 trillion and was down 3.8% from a year earlier.
New Serious Mortgage Delinquencies Rise as Other US Household Debt Eases
US household debt delinquencies edged lower in Q2, but mortgage balances entering serious delinquency rose to 1.52%, the New York Fed and NAHB reported.
US Job Openings and Labor Turnover Summary for July
US job openings totaled 7.3 million in July, with both hires and separations at 5.1 million, the BLS reported.
US Mortgage Application Payment Index Falls in July
The national median mortgage payment was $2,175 in July, compared with $2,191 in June, MBA reported.
US Multifamily Absorption Rate Falls in Q1
The US multifamily absorption rate fell to 41% in Q1, while completions declined to 73,510, the Census Bureau and NAHB reported.
Canadian Real GDP Rises 0.3% in June
Canadian real GDP rose 0.3% in June, marking a third straight monthly gain. The construction sector expanded 0.3%.
US New Single-Family Home Size Little Changed in Q2
The median size of a new US single-family home was 2,185 square feet in Q2, little changed from Q1, the Census Bureau and NAHB reported.
US Existing-Home Listings Reach Highest Level Since April as Demand Retreats
Redfin reported new existing-home listings rose 0.4% week-over-week to their highest level since April, while pending sales fell to a six-month low in August.
University of Michigan Releases Final Results of Its Consumer Sentiment Index for August
The Index of Consumer Sentiment fell to 51.7 in August, down 6.3% from July and 11.2% from a year ago.