by sslifer | Oct 30, 2024 | Commentary for the Week, NumberNomics Notes
2025 Economic Outlook Conference In times of uncertainty whether you are running a business or planning your investments, knowledge can be your most valuable asset. Stephen Slifer, Owner and Chief Economist at NumberNomics will provide insight regarding...
by sslifer | Oct 30, 2024 | Housing, NumberNomics Notes
October 30, 2024 Pending home sales rose 7.4% in September to 75.8 after having risen 0.6% in August.. The National Association of Realtors chief economist, Lawrence Yun said,”Contract signings rose across all regions of the country as buyers took advantage of...
by sslifer | Oct 30, 2024 | GDP, NumberNomics Notes
October 30, 2024 . The advance estimate of third quarter GDP growth was 2.8 % which compares to GDP growth of 3.0% in the second quarter. Final sales, which is GDP excluding the change in business inventories, rose 3.0% in the third quarter versus 1.9% in the second...
by sslifer | Oct 30, 2024 | Employment, NumberNomics Notes
October 30, 2024 As shown above the ADP survey shows a respectable correlation with the private sector portion of the payroll employment data to be released a couple of days later. And well it should. ADP, or Automatic Data Processing, Inc. is a provider of...
by sslifer | Oct 29, 2024 | Housing, NumberNomics Notes
October 29, 2024 New home sales climbed by 4.1% in September to 738 thousand after having fallen 2.3% in August New home sales can be volatile from month to month, but it seems clear that they are in a gradual uptrend. After having peaked at 7.6% mortgage rates have...
by sslifer | Oct 29, 2024 | Consumer, NumberNomics Notes
October 29, 2024 The final estimate of consumer sentiment for October rose 0.4 point to 70.5 after climbing 2.2 points in September. Consumer sentiment has risen somewhat, but they continue to worry that inflation might remain higher than expected for a protracted...
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