The Producer Price Index for goods input to residential construction (including energy) increased 0.1% in December after increasing a revised 0.1% in November, the BLS and NAHB reported.
News in end use
Producer Price Index for Final Demand Declines 0.1% Month-Over-Month in December
The Producer Price Index (PPI) for final demand, seasonally adjusted, declined 0.1% in December, following a 0.1% decline in November.
New Listings of US Existing-Homes For Sale Steadily Increase
In the four-week period ending January 7th, US pending home sales posted their smallest year-over-year decline in two years, Redfin reported.
Thirty-Year Fixed-Rate Mortgages Creep Higher in the Week Ending January 11th
The 30-year fixed-rate mortgage averaged 6.66%, up from last week when it averaged 6.62%, Freddie Mac reported.
Consumer Price Index Increases 0.3% in December; All-Item Index Up 3.4% Year-Over-Year
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3% in December on a seasonally adjusted basis, after rising 0.1% in November.
US Weekly Jobless Claims Decline in the Week Ending January 6th
The advance figure for seasonally adjusted initial unemployment claims was 202,000 during the week ending January 6th, a decrease of 1,000.
Mortgage Applications Increase in the Week Ending January 5th
Mortgage loan application volume increased 9.9% on a seasonally adjusted basis from one week earlier, according to the MBA.
Canadian Building-Permit Values Decline in November
The total monthly value of building permits in Canada decreased 3.9% month-over-month to $10.9 billion (CAD) in November.
Mortgage Credit Availability Tightens in December
The Mortgage Bankers Association Mortgage Credit Availability Index (MCAI) decreased 4.6% to a reading of 92.1 in December.
US Total Consumer Credit Outstanding Increases in November
In November, total consumer credit outstanding reached a seasonally adjust annual rate (SAAR) of $5.00 trillion for the first time, the Fed and NAHB reported.