by sslifer | Apr 24, 2025 | Housing, NumberNomics Notes
April 24, 2025 . Existing home sales fell 5.9% in March to 4,020 thousand after having risen 4.4% in February. Our expectation is that a steady increase in jobs will boost income, mortgage rates will edge lower in the months ahead, and prices should be about stable...
by sslifer | Apr 24, 2025 | Industrial Production, NumberNomics Notes
April 24, 2025 Durable goods orders rose 9.2% in March after having risen 0.9% in February. . Durable goods orders have risen 11.9% in the past year. But the big increase in March almost entirely reflected a jump in civilian aircraft orders. Much of the change in...
by sslifer | Apr 23, 2025 | Housing, NumberNomics Notes
April 23, 2025 New home sales jumped 7.4% in March to 724 thousand after having risen 3.1% in February. In the past year new home sales have risen 6.0%. New home sales can be volatile from month to month, but it seems clear that they are in a gradual uptrend....
by sslifer | Apr 17, 2025 | Housing, NumberNomics Notes
April 17, 2025 Housing starts plunged by 11.4% in March to 1,324 thousand after having risen 9.8% in February after falling 10.8% in January after jumping 16.9% in December. Clearly, starts have been exceptionally volatile in recent months, rising or falling by...
by sslifer | Apr 16, 2025 | Housing, NumberNomics Notes
April 16, 2025 Homebuilder confidence rose 1 point in April to 40 after having declined 3 points in March. Builders are worried about the imposition of tariffs, still high mortgage rates, and the cost of materials. Keep in mind that the breakeven point for this...
by sslifer | Apr 16, 2025 | Industrial Production, NumberNomics Notes
April 16, 2025 Industrial production for March declined 0.3% after having jumped 0.8% in February. In the past year industrial production has risen 1.3%. Breaking industrial production down into its three basic categories — manufacturing, mining, and...
Follow Me