Economic Updates Archive

The Latest Housing Starts

Total housing starts surged 15.7% from June to July to 1.093 million in July.  This is the highest pace since November of 2013.  The bulk of the increase came from the multifamily sector, but there was solid growth on...

Personal Income: Latest Data Shows Continued Increase

Personal income in the U.S. continues to increase, which assures consumer spending will contribute to economic growth in the upcoming months.  Income from wages is rising steadily.  Rent income is shooting high.  Farmer income is falling in line with...

Unemployment Insurance Claims

Initial claims for unemployment insurance filed under the regular state programs during the week ended August 9 rose to 311,000, an increase of 21,000 from the previous week’s level. The trend has generally been downward so the spike may...

The Latest Retail Sales

Consumer spending at retail shops is growing less robustly now than before.  Retail sales in July were up 3.7 percent from one year ago, and marked a deceleration from the 5-to-7 percent growth experienced in recent past years during...

Latest Commercial Property Prices: July 2014

• There is an all-time high in commercial property prices, according to Green Street Advisors. The price index in July was unchanged from the record-high set in June. It is up 6.0 percent from one year ago and up...