Retail Sales Increased 0.4% in September
at Calculated Risk on 10/17/2024 08:38:00 AM On a monthly basis, retail sales increased 0.4% from August to September (seasonally adjusted), and sales were up 1.7 percent from September 2023.…
Builder Confidence Increased in October
at Calculated Risk on 10/17/2024 10:00:00 AM The National Association of Home Builders (NAHB) reported the housing market index (HMI) was at 43, up from 41 last month. Any number…
Weekly Initial Unemployment Claims Decrease to 241,000
at Calculated Risk on 10/17/2024 08:45:00 AM The DOL reported: In the week ending October 12, the advance figure for seasonally adjusted initial claims were 241,000a decrease of 19,000 from…
Fed Inflation Credibility Measured | Econbrowser
Has the Fed lost credibility, as some people have argued (eg, EJ Antoni)? One way to assess credibility is to see whether people’s expectations of inflation at the medium term…
Retail Sales, Unemployment Claims, Industrial Production, Homebuilder Survey
at Calculated Risk on 10/16/2024 07:37:00 PM Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Thursday:• At 8:30 AM ET, Retail sales for September will be…
WSJ October Survey: GDP On the Rise
Only one forecaster projects two consecutive quarters of negative growth. Here’s the WSJ mean forecast compared to nowcasts: Figure 1: GDP (bold black), WSJ October survey mean (tan), GDPNow as…
Real GDP Annual and Quarterly
at Calculated Risk on 10/16/2024 02:49:00 PM The following graph shows real GDP quarterly (blue, annualized), and the year-over-year change in GDP (red). Click on graph for larger image. The…
Public and Private Sector Payroll Jobs During Presidential Terms
at Calculated Risk on 10/16/2024 11:32:00 AM Note: I’ve received a number of requests lately to post this again, so here is another update of tracking employment during Presidential terms.…
Mortgage Applications Decreased in Weekly Survey
at Calculated Risk on 10/16/2024 07:00:00 AM From the MBA: Mortgage Applications Decrease in Latest MBA Weekly Survey Mortgage applications decreased 17.0 percent from one week earlier, according to data…