Consumer Sentiment

October 11, 2019 The preliminary estimate of consumer sentiment for October rose by 2.8 points to 96.0 after having risen 3.4 points in September.  While volatile on a month-to-month basis consumer sentiment remains at a lofty level.  The peak for the cycle was 101.4...

Car and Truck Sales

October 2, 2019 Unit car and truck sales rose 1.1% in September to a 17.188 million pace after having climbed 0.8% in August.    During the last year car sales have declined 0.7%.  Car sales have been basically flat for the past couple of years and should continue to...

Construction Spending

October 1, 2019 . Construction spending (the green bars above) rose 0.1% in August after having been unchanged in July.  Over the past year it has fallen 1.9%.  Not only is this a very volatile series with large swings from month to month, even the previously released...

Pending Home Sales

September 26, 2019 Pending home sales rose 1.6% in August to 107.3 after having fallen 2.5% in July, but having jumped 2.8% in June and 1.1% in May.   The upswing that began at the beginning of this year remains in place.  In the past year pending home sales have...