at Calculated Risk on 1/02/2025 10:00:00 AM From the Census Bureau reported that overall construction spending increased: Construction spending during November 2024 was estimated at a seasonally adjusted annual rate…
at Calculated Risk on 1/02/2025 08:30:00 AM The DOL reported: In the week ending December 28, the advance figure for seasonally adjusted initial claims were 211,000a decrease of 9,000 from…
at Calculated Risk on 1/02/2025 07:00:00 AM From the MBA: Mortgage Applications Decreased Over a Two-Week Period in Latest MBA Weekly Survey Mortgage applications decreased 21.9 percent from two weeks…
I’ve got undergrad upper division and MSc level macro courses (latter w/Charles Engel) to teach this spring (also a stats course, where I use lots of examples from comments as…
at Calculated Risk on 1/01/2025 08:18:00 PM Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Mortgage rates as of Monday (a little lower on Tuesday). Thursday:•…
The Philadelphia Fed’s Coincident Index is out, 2.1% m/m annualized (2.6% y/y): Figure 1: Implied nonfarm Payroll early benchmark (NFP) (bold blue), civilian employment adjusted using CBO immigration estimates (orange),…
at Calculated Risk on 1/01/2025 12:40:00 PM Earlier I posted some questions on my blog for next year: Ten Economic Questions for 2025. Some of these questions concern real estate…
With December 31 data, here’s the picture of term spreads: Figure 1: 10yr-3mo Treasury spread (blue), 10yr-2yr Treasury spread (red), both in %. Source: Federal Reserve via FRED, author’s calculations.…
From Kristin Schwab and Sofia Terenzio on Marketplace on New Year’s Eve: Uncertainty, underappreciated, bumpy, resilient-ish, steadfast, moderating, slowly normalizing, hemiprosperous, dynamic, and tragically underrated. I think the last one…
