Homebuilder Confidence

September 17, 2019 .Homebuilder confidence rose 1 point in September to 68 after having risen 2 points in August.  While its current level is somewhat below the readings of 70-75  at this time last  year, a level of 68 is indicative of a solid level of confidence...

Industrial Production

September 17, 2019 Industrial production jumped 0.6% in August after having declined 0.1% in July after having risen 0.1% in June.   During the past year industrial production has risen 0.4%, but one year ago it was climbing at a 5.3% pace. Breaking industrial...

Solving the Wrong Problem

September 13, 2019 The European Central Bank provided a surprise dose of monetary stimulus this past week.  Not only did it cut interest rates, it announced a new bond-buying program designed to get the economy going.   However, policy makers in Europe and the U.S....

Consumer Sentiment

September 13, 2019 The final estimate of consumer sentiment for September rose by a modest 2.2 points in September to 92.0 after having fallen 8.6 points in August .  Despite the drop the levels for consumer sentiment  in August and September are still quite lofty. ...