Economic Updates Archive

January 2015 Pending Home Sales

NAR released a summary of pending home sales data showing that January’s pending home sales index is modestly up 1.7% from last month and improved 8.4% from a year ago which could provide positive momentum for the coming months....

Consumer Price Inflation

Consumer prices (CPI) fell 0.7 percent in January as declines in gasoline prices more than offset increases in food and shelter prices.  Core inflation, a measure that excludes volatile food and energy prices, increased 0.2 percent for the month....

January 2015 Existing Home Sales

NAR released a summary of existing home sales data showing that January’s existing home sales are up from last year but down from last month starting the year off to a sluggish pace. January’s sales show a fourth consecutive...

Latest Housing Starts in January 2015

New home construction activity in January was notably higher versus one year ago.  But the momentum stalled as month-to-month activity fell even after accounting for normal winter seasonal factors.  Overall assessment is that new home construction is still woefully...

State and Metro Employment in December 2014

Job gains have been accelerating in the final months of 2014.  Nationwide, 2.95 million net new jobs were added to the economy over the 12-months to December. North Dakota and Texas were leading the way.  But the oil price...