This was the highest sales rate since July 2007.
The DOL reported: In the week ending September 21, the advance figure for seasonally adjusted initial claims was 213,000, an increase of 3,000 from the previous week’s revised level. The previous week’s level was revised up by 2,000 from 208,000 to 210,000. The 4-week moving average was 212,000, a decrease of 750 from the previous […]
The BEA released the Personal Income and Outlays report for November: Personal income increased $101.7 billion (0.5 percent) in November according to estimates released today by the Bureau of Economic Analysis. Disposable personal income (DPI) increased $87.7 billion (0.5 percent) and personal consumption expenditures (PCE) increased $64.9 billion (0.4 percent). Real DPI increased 0.4 percent […]
From the Census Bureau: Permits, Starts and Completions Housing Starts:Privately‐owned housing starts in January were at a seasonally adjusted annual rate of 1,567,000. This is 3.6 percent below the revised December estimate of 1,626,000, but is 21.4 percent above the January 2019 rate of 1,291,000. Single‐family housing starts in January were at a rate of […]