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 25 2024
The Federal Open Market Committee Issued Its Monetary Policy Statement and Held Rates Steady at 5.50%… After the announcement, the future probability of a rate cut rose to 67%. What it means— Did ...
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 23 2024
Retail Sales Jumped 5.6% Last Year, Were Well Above Inflation at 3.4%… A strong holiday season ended the year with sales up 0.6%. What it means— The good news is that while consumers have soured on ...
Week In Review – December 27 2023
Personal Consumption Expenditures Index Dropped 0.1% in November, First Decline in More Than Three Years… Annual Personal Consumption Expenditure (PCE) growth slowed to 2.6%, the lowest rate in over ...