Author Archive

Latest Consumer Price Inflation (November 2015)

There was a slight uptick in the broad consumer inflation measure in November. More interesting is the housing components, which continue to show high figures. Housing shortage still persists and this condition will jack-up the broad inflation rate in...

Surprising Performers in the Latest State and Metro Employment Conditions

There are plenty of new jobs in the states in the Mountain and Pacific Time Zones and in a few southern states. Idaho, Utah, and Nevada are leaders. The Pacific states of California, Oregon, and Washington as well as...

Latest New Home Sales (October 2015)

There was a big rebound in new home sales in October after a very poor showing in September. Even with the gain, the sales pace of newly constructed homes is only about half of what it should be. Home...

Lackluster Home Building Hurts First-Time Buyers

Lawrence Yun for Forbes What is going on with home builders? Housing starts refuse to rise in any meaningful way, despite the ongoing shortage in the number of homes on the market and falling rental vacancy rates. What is...

Consumer Price Index: Higher Rates in Sight?

Inflation is nonexistent with no changes to the consumer price index from one year ago. Some components are, however, making marked changes. Gasoline prices are 27 percent below one year ago, rents are rising at near 4 percent, and...