Calculated Risk: Q3 GDP Tracking: Around 3%
at Calculated Risk on 9/27/2024 10:50:00 AM From BofA: Since our last weekly publication, our 3Q GDP tracking estimate is down two-tenths to 2.3% q/q saar while 2Q GDP came…
“Home prices continued to cool in August, with prices up +3.0%” YoY
Several cities in Florida are now seeing year-over-year price declines (as inventory surges). • Home prices continued to cool in August, with prices up +3.0% from the same time last…
Calculated Risk: Friday: Personal Income & Outlays
at Calculated Risk on 9/26/2024 08:21:00 PM Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Thursday:• At 8:30 AM ET Personal Income and Outlays, August 2024.…
Personal Income increased 0.2% in August; Spending increased 0.2%
at Calculated Risk on 9/27/2024 08:30:00 AM The BEA released the Personal Income and Outlays report for August: Personal income increased $50.5 billion (0.2 percent at a monthly rate) in…
Global Economy in Focus as Inflation Eases and Interest Rate Cuts Loom
As the global economy enters a pivotal phase in September 2024, several key factors are shaping the outlook for major markets. In the U.S., economic resilience continues to surprise analysts.…