Wisconsin GDP Revised Up (a lot!)
Wisconsin GDP grew at 4.2% SAAR in Q2. The 2023Q4 figure was raised 2.7% by the annual update (the corresponding figure for US GDP was 1.2%). Figure 1: Wisconsin GDP,…
Calculated Risk: Fed Chair Powell: Economic Outlook
at Calculated Risk on 9/30/2024 01:56:00 PM From Fed Chair Powell: Economic Outlook (Watch here on YouTube). Excerpt: Our economy is strong overall and has made significant progress over the…
Freddie Mac House Price Index Increased Slightly in August; Up 3.7% Year-over-year
at Calculated Risk on 9/30/2024 02:17:00 PM Today, in the Calculated Risk Real Estate Newsletter: Freddie Mac House Price Index Increased Slightly in August; Up 3.7% Year-over-year A letter excerpt:…
Final Look at Local Housing Markets in August and a Look Ahead to September Sales
at Calculated Risk on 9/30/2024 10:31:00 AM Today, in the Calculated Risk Real Estate Newsletter: Final Look at Local Housing Markets in August and a Look Ahead to September Sales…
Inventory up 0.8% Week-over-week, Up 36.7% Year-over-year
at Calculated Risk on 9/30/2024 08:11:00 AM Altos reports that active single-family inventory was up 0.8% week-over-week. Inventory is now up 48.0% from the February seasonal bottom. Click on graph…
Calculated Risk: Sunday Night Futures
at Calculated Risk on 9/29/2024 07:08:00 PM Weekend:• Schedule for Week of September 29, 2024 Monday:• At 9:45 AM ET, Chicago Purchasing Managers Index for September. The consensus is for…
“Economists for Harris” vs. “Economists for Trump”
Here’s the letter in support of Harris. Here’s the letter in support of Trump (2020). If anyone knows of a more recent letter of support for Mr. Trump, please tell…
Q2 GDP Growth by States
The country is in the black, overall, according to Friday’s release. Battleground states outlined in ed. Source: BEA (27 September 2024), as edited by author. Note that battleground states, except…
“It’s almost as if you have no economics training at all…”
With apologies to Kramer’s boss in Seinfeld. From Oren Cass’s “Trump’s Most Misunderstood Policy Proposal: Economists aren’t telling the whole truth about tariffs,” The Atlantic: Their first mistake is to…
Realtor.com Reports Active Inventory Up 33.2% YoY
at Calculated Risk on 9/29/2024 01:23:00 PM What this means: On a weekly basis, Realtor.com reports the year-over-year change in active inventory and new listings. On a monthly basis, they…