by sslifer | Apr 4, 2024 | NumberNomics Notes, Retail Sales
April 4, 2024 Unit car and truck sales fell 1.3% in March to 15,489 thousand after having jumped 5.5% in February. The supply challenges that had curtailed car sales for more than two years has ended. The supplier delivery component of the purchasing managers’...
by sslifer | Apr 4, 2024 | Housing, NumberNomics Notes
April 4, 2024 Real estate loans have been growing steadily for a number of months. Specifically, they rose at a 4.4% pace in February. That means that they have risen 2.9% in the past year. If home sales quicken this year, as expected, mortgage loans should also...
by sslifer | Mar 28, 2024 | Consumer, NumberNomics Notes
March 28, 2024 The .final estimate of consumer sentiment for March rose 2.5 points to 79.4 compared to the preliminary estimate which showed a decline of 0.5 point. Surveys of Consumers Director Joanne Hsu said, “.Critically, consumers exhibited confidence that...
by sslifer | Mar 26, 2024 | Housing, NumberNomics Notes
March 26, 2024 The seasonally adjusted Case Shiller Index of Home Prices in 20 cities rose 0.1% in January after rising 0.3% in December. The rate of increase in home prices has slowed from double-digit gains in 2021 and 2022 to 6.6% currently. But the most recent...
by sslifer | Mar 1, 2024 | Housing, NumberNomics Notes
March 1, 2024 Construction spending (the green bars above) declined 0.3% in February after having fallen 0.2% in January. Construction spending climbed for 12 consecutive months before declining slightly in January and February In the past 12 months it has risen...
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