by sslifer | Jan 19, 2022 | Housing, NumberNomics Notes
January 19, 2022 Housing starts climbed 1.4% in December to 1,702 thousand after having jumped 8.1% in November Starts continue to climb. The recent run-up in COVID cases does not appear to have affected the starts data in December. January should register a...
by sslifer | Jan 18, 2022 | Housing, NumberNomics Notes
January 18, 2022 .Homebuilder confidence fell 1 point in January to 83 after having risen 1 point in December to. The index edged lower in January but remains at a very lofty level. NAHB Chairman Chuck Fowke said, “Higher material costs and lack of availability are...
by sslifer | Jan 14, 2022 | Commentary for the Week, NumberNomics Notes
January 14, 2022 The surge in COVID cases that began in mid-December took a toll on economic activity in December and is likely to further suppress growth in January. While less deadly than earlier versions of the corona virus, the sheer number of cases has forced...
by sslifer | Jan 14, 2022 | Forecasts, NumberNomics Notes
January 14, 2022 GDP growth slipped to 2.1% in the third quarter as an increase in COVID cases dampened the pace of consumer spending, and as supply constraints limited the ability of firms to produce. But COVID cases fell sharply in September and October and...
by sslifer | Jan 14, 2022 | Consumer, NumberNomics Notes
January 14, 2022 . The preliminary estimate of consumer sentiment for January fell 1.8 points to 68.8 after having risen 3.0 points in December .The November level was the lowest level of confidence in a decade. Surveys of Consumers Chief Economist Richard Curtin...
by sslifer | Jan 14, 2022 | Industrial Production, NumberNomics Notes
January 14, 2022 Industrial production fell 0.1% in December after having risen 0.7% in November and having surged 1.2% in October. The manufacturing sector continues to deal with supply constraints and labor shortages which are curtailing the speed with which it can...
Follow Me