by sslifer | Nov 19, 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 | Nov 19, 2024 | Housing, NumberNomics Notes
November 19, 2024 Housing starts declined 3.1% in October to 1,311 thousand after falling 1.9% in September. The combo of Hurricanes Helene and Milton may have reduced the September and October construction data somewhat as starts in the South fell by a total of...
by sslifer | Nov 18, 2024 | Housing, NumberNomics Notes
November 18, 2024 This series rose 3 points in November to 46 after gaining 2 points in both September and October. The November gain seems to reflect hope that the Trump administration will cut a lot of the red tape that has been impeding the housing industry. Keep...
by sslifer | Nov 15, 2024 | Commentary for the Week, NumberNomics Notes
November 15, 2024 The retail sales data for October combined with upwards revisions to September indicate that the consumer is still willing to spend. That is not a great surprise. Driven by the rapid ascent of the stock market and surging home prices, consumer net...
by sslifer | Nov 15, 2024 | Industrial Production, NumberNomics Notes
November 15, 2024 Industrial production declined 0.3% in October after falling 0.5% in September. The Fed reported that The Boeing strike reduced production by 0.3% in September and 0.2% in October. The remnants of Hurricanes Helene and Beryl subtracted 0.1% from...
by sslifer | Nov 15, 2024 | NumberNomics Notes, Retail Sales
November 15, 2024 Retail sales rose 0.4% in October after having jumped 0.8% in September. In the past year retail sales have risen 2,7%. Motor vehicle sales jumped 1.6% in October after having risen 0.2% in September. In the past year car sales have risen 3.1%....
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