Weekly Initial Unemployment Claims increase to 245,000
The DOL reported:In the week ending December 16, the advance figure for seasonally adjusted initial claims was 245,000, an increase of 20,000 from the previous...
Author : Calculated Risk
Thursday: GDP, Unemployment Claims, Philly Fed Mfg Survey
Thursday:• At 8:30 AM ET, The initial weekly unemployment claims report will be released. The consensus is for 234 thousand initial claims, up from 225...
Phoenix Real Estate in November: Sales up 4%, Inventory down 11% YoY
A little last this month ... but this is a key housing market to follow since Phoenix saw a large bubble / bust followed by...
A Few Comments on November Existing Home Sales
Earlier: NAR: "Existing-Home Sales Soar 5.6 Percent in November"A few key points:1) As usual, housing economist Tom Lawler's forecast was closer to the NAR report...
AIA: Architecture Billings Index Increases in November
Note: This index is a leading indicator primarily for new Commercial Real Estate (CRE) investment. From the AIA: Architecture billings upturn shows broad strength. Even...
NAR: “Existing-Home Sales Soar 5.6 Percent in November”
From the NAR: Existing-Home Sales Soar 5.6 Percent in November to Strongest Pace in Over a DecadeExisting-home sales surged for the third straight month in...
MBA: Mortgage Applications Decrease in Latest Weekly Survey
From the MBA: Mortgage Applications Decrease in Latest MBA Weekly Survey Mortgage applications decreased 4.9 percent from one week earlier, according to data from the...
Wednesday: Existing Home Sales
Wednesday:• At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.• At 10:00 AM, Existing Home...
Sacramento Housing in November: Sales down 3% YoY, Active Inventory up 8% YoY
During the recession, I started following the Sacramento market to look for changes in the mix of houses sold (equity, REOs, and short sales). For...
Chemical Activity Barometer Increased in December
Note: This appears to be a leading indicator for industrial production. From the American Chemistry Council: 2017 Closes with Strong Commercial and Industrial Activity Suggesting...