Economist Commentaries Archive

The Latest on GDP

The economy popped out nicely in the second quarter.  The measurement of everything Americans produced increased by 4.2 percent.  Such a growth rate, if it can be sustained, means measurably higher future income and about 3 million net new...

FHFA, S&P/Case-Shiller Home Price Measures: A Regional Look

Earlier this week, we looked at the FHFA and Case-Shiller release focusing on national data trends.  Today, we’ll dig a bit deeper to look at more local data at the regional, state, and city or MSA level. FHFA releases...

Feeling Blue with Record High Wealth

The net worth of all households reached a record high early this year, according to the Federal Reserve.  Measuring everything we own minus everything we owe, the net worth reached $81.7 trillion.  That’s on average of $259,000 per person...

Local Market Reports: Job Creation

Despite a soft patch in the fall of 2013, job creation reversed course and pressed upward this spring and summer.  Of the more than 170 markets currently tracked by NAR Research, 85% had a stronger level of employment in...

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...