Schedule for Week of Mar 25, 2018
The key economic reports this week are the third estimate of Q4 GDP, Personal Income and Outlays for February, and Case-Shiller house prices.----- Monday, Mar...
Author : Calculated Risk
Off-topic: “March, Vote, Change the World!”
To find a local march, here is the March for Our Lives website. Make a difference today!A stunning article from the WaPo: U.S. School ShootingsBeginning...
Oil Rigs “Signs of life in the minor plays”
A few comments from Steven Kopits of Princeton Energy Advisors LLC on Mar 23, 2018:• Total US oil rigs were up this week, +4 to...
Phoenix Real Estate in February: Sales up 8%, Inventory down 12% YoY
This is a key housing market to follow since Phoenix saw a large bubble / bust followed by strong investor buying.The Arizona Regional Multiple Listing...
BLS: Unemployment Rates Lower in 7 states in February; California, Maine, Mississippi and Wisconsin at New Series Lows
Earlier from the BLS: Regional and State Employment and Unemployment Summary Unemployment rates were lower in February in 7 states and stable in 43 states...
A few Comments on February New Home Sales
The Census Bureau reports New Home Sales in February were at a seasonally adjusted annual rate (SAAR) of 618 thousand. The previous three months were...
New Home Sales at 618,000 Annual Rate in February
The Census Bureau reports New Home Sales in February were at a seasonally adjusted annual rate (SAAR) of 618 thousand. The previous three months were...
Friday: New Home Sales, Durable Goods
Friday:• At 8:30 AM ET, Durable Goods Orders for February from the Census Bureau. The consensus is for a 0.1.72% increase in durable goods orders.•...
Update: For Fun, Stock Market as Barometer of Policy Success
By request, here is an update to the chart showing market performance under Presidents Trump and Obama.Note: I don't think the stock market is a...
Housing Inventory Tracking
Update: Watching existing home "for sale" inventory is very helpful. As an example, the increase in inventory in late 2005 helped me call the top...