Existing Home Sales

February 22, 2024 . Existing home sales rose 3.1% in January to a 4,000 thousand pace after having declined 0.8% in December  Sales had been falling for almost two years as the combination of sharply higher mortgage rates and higher home prices took their toll  But...

Initial Unemployment Claims

February 22, 2024 Initial unemployment claims fell  12 thousand in the week ending February 17 to 201 thousand after having declined 7 thousand in the previous week.  Thus far, in the face of rising interest rates and the fear of a recession, employers are reluctant...

Consumer Sentiment

February 16, 2024 The preliminary estimate of consumer sentiment for February rose 0.6 to 79.6 after having jumped 9.3 points in January .  The rising stock market recently reached a new record high level and lower interest rates, mortgage rates in particular, are...