Dees Stribling
Economy Watch: Apartment Vacancies, Absorption, U.S. Births Dip; Jobs Grow Moderately
Both apartment vacancies and net absorption were sluggish in the third quarter. The number of births in the country has dropped, indicating the economy as a possible cause. Job growth, on the other hand, seems to be picking up.
Economy Watch: Home Prices Jump; Office Vacancies Dip; Slow Increase in Holiday Sales
Home prices nationwide have gone up. U.S. office vacancies, on the other hand, have dropped. Christmas shopping is predicted to be less lavish this year, due to consumer anxiety because of the state of the current economy.
Economy Watch: U.S. GDP Grew Tepidly in 2Q; Unemployment Claims, Pending Home Sales, Durable Goods Orders Dip
The U.S. GDP slightly increased. Unemployment claims have decreased last week. Pending home sales dropped, as did new orders for manufactured durable goods.
Economy Watch: New Homes Sales Up; C-Suites Pessimistic; Investors Nervous over Euro-Zone Riots
New home sales in August have surged compared to last year. CEOs, on the other hand, don’t feel that their companies are prospering in the current economic state of affairs. Investors have gotten weary after protestors took to the streets of Madrid and Athens following government’s austerity measures.
Economy Watch: Annual Home Prices Increase; Consumers Optimistic; Philly Fed Against QE3
American home prices have increased, and consumers are also more optimistic about the economic future. Federal Reserve Bank of Philadelphia President Charles Plosser is against QE3 and he explains why.
Economy Watch: U.S. Economy Dragging, Texas Shows Some Pep; Mortgage Delinquencies Dropping
Two economic reports released by the Federal Reserve had mixed outlooks on the future of the national economy. Texas factory activity and manufacturing increased in September. Mortgage delinquencies continue to decrease month to month.
Economy Watch: Unemployment Stagnant; Manufacturing Exports to Rise; Senate Approves Spending Bill
Regional and state unemployment showed little change in the month of August.
Manufactured exports are set to surge, according to a new report.
Congress approved a spending bill to finance the federal government for a half a year, before it went into recess until after the election.
Economy Watch: Household Worth, Leading Indicators, Unemployment Claims Dip in 2Q
U.S. household net worth dropped slightly in the second quarter. The Conference Board’s Leading Economic Index for the nation also declined slightly. In addition, unemployment claims followed suit, dipping a significant amount.
Economy Watch: Residential Starts, Existing Home Sales Surge
U.S. housing starts were up in the month of August, as were existing home sales, which shows signs of the housing market picking up.
Economy Watch: Homebuilders Feeling Better; Residential Inventories, Mortgage Origination Down
The housing index increased this month. For-sale inventory, however, dropped, as did the number of residential real estate loans of all types.