Latest News Tag: Market Trends

Last Week in Review: June saw Housing Starts slump and Retail Sales jump. U.S. homebuilders broke ground on fewer homes than expected in June, due in part to higher costs for lumber, lack of available land and a shortage of construction workers. June Housing Starts fell 12.3 percent from May to an annual rate of […]

Last Week in Review: Annual inflation ticked up while small business optimism neared record highs. The Consumer Price Index (CPI) rose 2.9 percent in the 12 months ending in June, up slightly from the 2.8 percent annual reading in May. This was the largest annual increase since the year ending in February 2012, and it […]

Last Week in Review: The Jobs Report for June was better than expected. The holiday-shortened trading week saw market volatility due to global trade issues. Non-Farm Payrolls rose by 213,000 new jobs in June, above the 195,000 expected, the Bureau of Labor Statistics reported. The figures for April and May were also revised higher by […]

Last Week in Review: Sales of new homes rose in May while annual inflation readings edged higher. First quarter GDP disappointed. Sales of new homes rose 6.7 percent from April to an annual rate of 689,000, the Commerce Department reported. However, April's sales figure was revised lower to 646,000 from the original reading of 662,000. […]

Last Week in Review: Existing Home Sales fell in May. Housing Starts signaled potential hope for would-be buyers. May Existing Home Sales fell 0.4 percent from April to an annual rate of 5.43 million units, the National Association of REALTORS® reported. From May 2017 to May 2018, Existing Home Sales were down 3 percent. While […]

Last Week in Review: Retail Sales were on the rise while inflation showed some warming signs. The Fed also hiked its benchmark rate. The Commerce Department reported that Retail Sales jumped 0.8 percent from April to May, well above the 0.4 percent expected. From May 2017 to May 2018, Retail Sales were up 5.9 percent. […]

Last Week in Review: Home prices continue to rise while geopolitical and trade war uncertainty eased. Research firm CoreLogic reported that home prices, including distressed sales, rose 6.9 percent from April 2017 to April 2018, while there was a 1.2 percent gain from March to April of this year. Looking ahead, CoreLogic forecasts a 5.3 percent […]

Last Week in Review: Geopolitical headlines moved the markets. May job growth beat expectations. The Bureau of Labor Statistics reported that Non-Farm Payrolls rose 223,000 in May, above expectations and up from 159,000 in April. April and March were revised for an increased total of 15,000 more jobs than previously reported. May Average Hourly Earnings […]

Last Week in Review: Housing Starts stall in April, while registers were ringing at retailers. Retail Sales rose 0.3 percent from March to April, the Commerce Department reported, with sales highest at furniture stores, clothing stores and gasoline stations. On a year-over-year basis, Retail Sales jumped a solid 4.7 percent. The Retail Sales report is […]

Last Week in Review: Consumer and wholesale inflation were tame in April, while geopolitical events also made headlines. The Consumer Price Index (CPI) rose 0.2 percent in April, just below expectations, the Bureau of Labor Statistics reported. This was down from the 2018 high of 0.5 percent recorded in January. The numbers revealed an uptick […]