Chicago PMI increases to 51.6, Pending Home Sales index increases
The Chicago Purchasing Managers reported the Chicago Business Barometer was up for a third month, lumbering along since September's 3 year low. The Business Barometer...
Author : Calculated Risk
Friday: Chicago PMI, Pending Home Sales
First from Neil Irwin at... WaPo: Three ways Washington could mess up... recovery in 2013. A few excerpts: Going off... cliff. This is... most scrutinized...
Sales Ratio: Existing to New Homes
Earlier I posted a graph that shows the "distressing gap" between new and existing...me sales. I've argued that this gap has been mostly caused by...
New Home Sales and Distressing Gap
New home sales have averaged 363,000 on an annual rate basis through November. That means sales are on pace to increase 18%+ from last year....
Comment on House Prices, Real House Prices, and Price-to-Rent Ratio
There is a seasonal pattern for house prices, and I've been predicting that the Case-Shiller indexes would turn negative month-to-month in October on a Not...
Ten Economic Questions for 2013
Here are some questions I'm thinking about ... 1) US Policy: This is probably the biggest downside risk for the US economy in 2013. I...
Schedule for Week of Dec 23rd
This will be a light week for economic data with the markets closing early on Monday, and closed on Tuesday, in observance of the Christmas...
Summary for Week Ending Dec 21st
The economic data released this week was encouraging. The November Personal Income and Outlays report suggests PCE might increase over 2% in Q4 - not...
Personal Income increased 0.6% in November, Spending increased 0.4%
The BEA released the Personal Income and Outlays report for November: Personal income increased $85.8 billion, or 0.6 percent ... in November, according to the...
Misc: Philly Fed Mfg Shows Expansion, Q3 GDP Revised Up, FHFA House Prices increase
Misc: Philly Fed Mfg Shows Expansion, Q3 GDP Revised Up, FHFA House Prices increase by Bill McBride on 12/20/2012 01:30:00 PM Here are a few...