New-Home Sales Slipped 0.3% in February to an Annualized Rate of 662,000… The sales rate fell 31.5% in the Northeast. What it means— The median sales price of a new home fell from $414,900 to ...
Week In Review – March 19 2024
Consumer Price Index Rose 0.4% in February, Was Up 3.2% Over the Last Year… The core Consumer Price Index (CPI), excluding food and energy, fell to 3.8%, but it was higher than the forecast of ...
Week In Review – March 11 2024
The U.S. Economy Created 275,000 Jobs in February, Well Above the 200,000 Estimate…Unemployment ticked up from 3.7% to 3.9%. What it means— Did we really create 275,000 jobs? Who knows? While ...
Week In Review – March 4 20204
Personal Consumption Expenditures Index Rose 0.3% in January… Excluding food and energy, the Personal Consumption Expenditures Index (PCE) rose 0.4%. What it means— Trailing energy prices gave ...
Week In Review – January 30 2024
U.S. Fourth Quarter Grows at 3.3% on an Annualized Basis… Not counting the pandemic, the third quarter of 2023 at 4.9% and the fourth quarter at 3.3% were the strongest back-to-back quarters since ...