Dec 1st COVID Update: Deaths and Hospitalizations Increased
Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Due to changes at the CDC, weekly cases are no longer updated. For...
Author : Calculated Risk
Vehicles Sales decrease to 15.32 million SAAR in November; Up 7% YoY
Wards Auto released their estimate of light vehicle sales for November: No Holiday Boost but U.S. Light-Vehicle Sales Continue Gains in November (pay site). Labor-related plant...
Q4 GDP Tracking: Close to 1%
From BofA: Overall, since our last weekly publication, our 4Q US GDP tracking estimate fell three-tenths to 1.0% q/q saar. [Dec 1st estimate]emphasis added From...
CES Strike Report: Ending Strikes will Boost November Employment
Here is the CES Strike report for November released this morning: This shows a total of 10,500 workers on strike in November, down from 48,100...
Inflation Adjusted House Prices 3.0% Below Peak; Price-to-rent index is 6.9% below recent peak
Today, in the Calculated Risk Real Estate Newsletter: Inflation Adjusted House Prices 3.0% Below Peak; Price-to-rent index is 6.9% below recent peak Excerpt: It has...
Construction Spending Increased 0.6% in October
From the Census Bureau reported that overall construction spending increased: Construction spending during October 2023 was estimated at a seasonally adjusted annual rate of $2,027.1...
ISM® Manufacturing index Unchanged at 46.7% in November
(Posted with permission). The ISM manufacturing index indicated contraction. The PMI® was at 46.7% in November, unchanged from 46.7% in October. The employment index was...
Friday: ISM Mfg, Construction Spending, Fed Chair Powell, Vehicle Sales
Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Friday: • At 10:00 AM ET, ISM Manufacturing Index for November. The consensus...
Las Vegas October 2023: Visitor Traffic Down Slightly YoY; Convention Traffic Up 2%
From the Las Vegas Visitor Authority: October 2023 Las Vegas Visitor Statistics Demand for sports, entertainment and conventions combined to lift room rates to record...
Realtor.com Reports Active Inventory UP 1.8% YoY; New Listings up 8.9% YoY
Realtor.com has monthly and weekly data on the existing home market. Here is their weekly report: Weekly Housing Trends View — Data Week Ending Nov 25,...