by sslifer | Jan 28, 2025 | Consumer, NumberNomics Notes
January 28, 2025 . The Conference Board reported that consumer confidence fell 5.5 points in January to 104.1 after having declined 3.2 points in December. Chief Economist at the Conference Board, Dana Peterson, said “Consumer confidence has been moving sideways in a...
by sslifer | Jan 28, 2025 | Housing, NumberNomics Notes
January 28, 2025 The seasonally adjusted Case Shiller Index of Home Prices in 20 cities fell 0.1% in November after having declined 0.2% in October. It has risen 4.3% in the past year. Brian Luke, Head of Commodities, Real &P Digital Assets said, “With the...
by sslifer | Jan 28, 2025 | Industrial Production, NumberNomics Notes
January 28, 2025 Durable goods orders fell 2.2% in December after declining 2.0% in November. Durable goods orders have declined 3.9% in the past year. Much of the change in durables is frequently in the transportation sector — airplanes, cars, and trucks. ...
by sslifer | Jan 23, 2025 | Housing, NumberNomics Notes
January 27, 2025 New home sales climbed by 3.6% in December to 698 thousand after having jumped 9.6% in November after having plunged by 15.3% in October The October drop was almost exclusively in the South and clearly the result of the combo of Hurricanes Milton...
by sslifer | Dec 30, 2024 | Housing, NumberNomics Notes
December 30, 2024 Pending home sales rose 2.2% in November to 79.0 after gaining 1.8% in October, 7.5% in September, and 0.6% in August. This is the fourth consecutive increase in this series. The National Association of Realtors chief economist, Lawrence Yun said,...
by sslifer | Dec 20, 2024 | Inflation, NumberNomics Notes
December 20, 2024 There are many different measures of inflation, but the one that the Federal Reserve considers to be most important is the personal consumption expenditures deflator, in particular the PCE deflator excluding the volatile food and energy components....
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