Economic Updates Archive

Raw Count of Home Sales (November)

Existing home sales rose 0.7 percent in November from one month prior while new home sales increased 5.2 percent.  These headline figures are seasonally adjusted figures and are reported in the news.  However, for everyday practitioners, simple raw counts...

Stressed Over Higher Interest Rates?

Mortgage rates have risen since the election of Donald Trump, from 3.5% to the recent 4.2%. Bond investors are perceiving an economic stimulus package to uplift the economy. More business activity, greater commerce, and faster job growth are certainly...

Latest State Job Growth Comparisons: November

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Housing Shortage for How Long?

The inventory of homes for sale continues to shrink. There were 2.02 million homes listed for sale at the end of October, representing only 4.3 months’ supply. A balanced market would be closer to 6-to-7 months’ supply.  From a...

State Job Growth Comparisons: October 2016

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