Recent housing data brought some better than expected news, while wholesale inflation cooled in December. The contraction in manufacturing continued this month. Here are the details: -Sales of Existing Homes Higher Than Expectations-Two Sides to Housing Starts Data-Is the Uptick in Builder Confidence...
Important labor sector reports made headlines ahead of the Labor Day holiday, while home prices continue to rise. Don’t miss these key stories: -Young Americans Dominate August’s Jobs Report-Private Payrolls Show a Slowing Trend-Initial Jobless Claims Moderate in Recent Weeks-Home Prices Continue to...
Consumer inflation remained near a 40-year high and home purchase activity stayed strong in May. Home prices also continued to rise in April. And with first quarter GDP reported at -1.6%, May’s lower than expected Personal Spending report was especially significant. Here’s what...