The Conference Board has reported that its consumer confidence index dropped from 132.6 in February to 120 in March. As […]
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Consumer Confidence in Canada Drops to Great Recession Lows
The Bloomberg Nanos Canadian Confidence Index, declined sharply for a second straight week, sinking to the lowest level since the […]
Home Price Increases Were Strong in January
According to the S&P CoreLogic Case-Shiller Indices, home prices rose nationally 3.9% annually, which is up from December’s 3.7% rise. […]
Nonfarm Payroll Employment Grows in February
The U.S. Bureau of Labor Statistics (BLS) is reporting that in February, nonfarm payroll employment increased in 38 states and […]
Pending Home Sales Increase 2.4% in February
The National Association of Realtors® (NAR) has reported Pending Homes Sales Index (PHSI) rose 2.4% to 111.5 in February. Year-over-Year […]
Gross Domestic Product Increases in the Fourth Quarter
According to the latest (third) estimate released by the U.S. Department of Commerce, Bureau of Economic Analysis (BEA) real gross […]
Personal Income and Outlays Increase in February
According to the Bureau of Economic Analysis (BEA) Personal Income (PI) increased $106.8 billion (0.6%) in February Disposable Personal Income […]
30-Year Fixed Mortgage Rate Moves Lower
Freddie Mac has released its Primary Mortgage Market Survey (PMMS) for the week ending March 26th, 2020. The PMMS shows that […]
National Association of Home Builders Survey Reveals COVID-19 Negatively Impacting Customer Traffic
In a survey conducted by the National Association of Home Builders (NAHB) between March 18th through the 23rd, builders were […]
U.S. Jobless Rate Soars to Record High as COVID-19 Pandemic Grows
The impact of the COVID-19 pandemic continues to take its toll on the U.S. economy. This morning’s (3-26-20) the U.S. […]