by sslifer | Jun 18, 2025 | Housing, NumberNomics Notes
June 18, 2025 Housing starts plunged by 9.8% in May to 1,256 thousand after rising 2.7% in April. While starts have been exceptionally volatile in recent months, they do appear to be softening. This reflects uncertainty regarding tariffs and their potential impact...
by sslifer | Jun 18, 2025 | Employment, NumberNomics Notes
June 18, 2025 Initial unemployment claims fell 5 thousand in the week ending June 14 to 245 thousand after having risen 2 thousand in the previous week. The labor market has hardly been affected by layoffs thus far. However, we know that some government workers...
by sslifer | Jun 17, 2025 | Housing, NumberNomics Notes
June 17, 2025 Homebuilder confidence dropped 2 points in June to 32 after having fallen 6 points in May. This series has been falling steadily since January. Builders are worried about the imposition of tariffs, still high mortgage rates, and the cost of materials. ...
by sslifer | Jun 17, 2025 | Industrial Production, NumberNomics Notes
June 17, 2025 Industrial production for May declined 0.2% after having risen 0.1% in April. In the past year industrial production has risen 0.6%. Breaking industrial production down into its three basic categories — manufacturing, mining, and utilities ...
by sslifer | Jun 17, 2025 | NumberNomics Notes, Retail Sales
June 17, 2025 Retail sales declined 0.9% in May after having fallen 0.1% in April. In the past year retail sales have risen 3.5% Some of the dramatic increase in sales in March and continuing into April could be a rebound from the particularly cold/snowy weather...
by sslifer | Jun 13, 2025 | Consumer, NumberNomics Notes
June 13, 2025 The final estimate of consumer sentiment for June rose 8.3 points to 60.5 after having been unchanged in May. Surveys of Consumers Director Joanne Hsu said, “Consumer sentiment improved for the first time in six months, climbing 16% from last...
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