Economic Updates Archive

State Job Growth Comparisons – April 2016

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Latest Consumer Price Inflation (February 2016)

The overall consumer inflation was virtually unchanged in February but some components are picking up steam thereby raising the prospect of a higher inflation and higher interest rates next year. Specifically, the overall consumer price index fell by 0.2...

Latest New Home Sales (December 2015)

Home sales of newly constructed homes rose solidly in December. The latest tally is the second highest monthly sales pace in nearly eight years. The annual total is the best in nearly a decade. The gain also affirms the...

Did you know? The Minimum Wage

On January 1, 2016 the minimum wage will rise in 14 states. What is the minimum wage in your area? How do minimum wage workers interact with the housing market in your area? Regardless of one’s position on the...

Housing Starts: Spring May Bring Tight Supply Conditions

Here is a look at the latest housing starts for November 2015. New home construction rose significantly in the latest month and is on track for most activity since 2007. Still, significantly more construction is needed to relieve the...