Existing Home Sales

October 21, 2021 Existing home sales jumped 7.0% in September to 6,290 thousand after having fallen 2.0% in August.  Much of the drop in sales earlier in the year was caused by the  the lack of supply which is currently at a near record low level of 2.4 months. ...

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Gasoline Prices

October 21, 2021 Gasoline prices rose $0.06 in the week ending October 18 to $3.32 per gallon.  In South Carolina gasoline prices tend to about $0.25 below the national average or $3.07.  The EIA expects gasoline prices nationally to average $2.97 per gallon this...

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Housing Starts

October 19, 2021 Housing starts declined 1.6% in September to 1,555 thousand after having risen 1.2% in August   Like every other economic indicator, starts rebounded sharply since the recession ended last April and have far surpassed the levels where they were in...

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Homebuilder Confidence

October 18, 2021 Homebuilder confidence in October jumped 4 points to 80 after having climbed 1 point in September.  The index fell from a 35-year old record high level of 90 set in November of last year to a low of 75 in August as COVID cases surged and supply...

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Retail Sales

October 15, 2021 Retail sales rose 0.7% in September which was much larger than the 0.1% decline that had been expected.  There were, in addition, modest upward revisions to the July and August data.  After revision August sales rose 0.8% but they declined 1.6% in...

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Producer Price Index

October 14, 2021 The Producer Price Index for final demand  includes producer prices for goods, as well as prices for construction, services, government purchases, and exports and covers over 75% of domestic production. Producer prices for final demand rose 0.5% in...

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