NAHB: Builder Confidence increased to 68 in October
The National Association of Home Builders (NAHB) reported the housing market index (HMI) was at 68 in October, up from 64 in September. Any number...
Author : Calculated Risk
Industrial Production Increased 0.3% in September
From the Fed: Industrial production and Capacity Utilization Industrial production rose 0.3 percent in September. The rates of change for July and August were notably...
Tuesday: Industrial Production, Homebuilder Confidence
From Matthew Graham at Mortgage News Daily: Mortgage Rates Sideways to Slightly Higher Mortgage rates were sideways to slightly higher today, depending on the lender....
Housing Starts and the Unemployment Rate
By request, here is an update to a graph I haven't posted in several years... The graph below shows single family housing starts (red) and...
Phoenix Real Estate in September: Sales up slightly, Inventory down 10% 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...
NY Fed: Manufacturing Activity “grew at a robust pace” in October
From the NY Fed: Empire State Manufacturing Survey Business activity grew at a robust pace in New York State, according to firms responding to the...
Sunday Night Futures
Weekend:• Schedule for Week of Oct 15, 2017Monday:• At 8:30 AM ET, The New York Fed Empire State manufacturing survey for October. The consensus is...
Fed Chair Janet Yellen “The Economy and Monetary Policy”
Inflation readings over the past several months have been surprisingly soft, however, and the 12-month change in core PCE prices has fallen to 1.3 percent....
Schedule for Week of Oct 15, 2017
The key economic reports this week are September housing starts and existing home sales.For manufacturing, September industrial production, and the October New York Fed and...
Oil Rigs “The US oil rig eased back again”
A few comments from Steven Kopits of Princeton Energy Advisors LLC on Oct 13, 2017:• The US oil rig eased back again• Total US oil...