Homebuilder Confidence

by | Jul 19, 2021 | Housing, NumberNomics Notes

July 19, 2021 .Homebuilder confidence fell 1 point in July to 80 after having declined 2 points in June.  The last several months the index has fallen slightly from a 35-year old record high level of 90 set in November of last year.  It was at 74 in February of last...

Consumer Sentiment

by | Jul 16, 2021 | Consumer, NumberNomics Notes

July 16 2021 . The preliminary estimate of consumer sentiment for July fell 4.7 points to 80.8 after rising rose 2.6 points in June. Surveys of Consumers Chief Economist Richard Curtin said, “Consumers’ complaints about rising prices on homes, vehicles, and...

Retail Sales

by | Jul 16, 2021 | NumberNomics Notes, Retail Sales

July 16, 2021 Retail sales rose 0.6% in June after having declined 1.7% in May, risen 0.9% in April and jumping 11.3% in March  The huge increase in sales in March partly reflects a rebound from the depressed sales level for February caused by a series of snow and ice...

Industrial Production

by | Jul 15, 2021 | Industrial Production, NumberNomics Notes

July 15, 2021 .Industrial production rose 0.4% in June after climbing 0.7% in May and being unchanged in April  Production has risen steadily since reaching a low point in April of last year.  The nation’s production sector continues to recover.  However, as...