• May 3, 2019
• no comment
• realestate

Average Hourly Earnings Year over Year 3.2 vs. estimates of 3.3.  Unemployment rate 3.6 vs. estimates of 3.8.  Non Farm Payrolls 253,000 vs. estimates of 185,000.

• June 1, 2018
• no comment
• realestate

Thank you for always being available to answer my questions and for all your efforts to make this happen. -Robert, Van Nuys, CA

• January 25, 2018
• no comment
• realestate

New-home sales were at a 625,000 seasonally adjusted annual rate in December, the Commerce Department said Thursday. Sales of newly-constructed homes swooned in December, and a big jump in November was revised down. December’s rate was 9.3% lower than November, but 14.1% higher than a year ago. The median forecast, among economists surveyed was for

• November 2, 2017
• no comment
• realestate

August Headline CPI YOY 1.9% vs. estimates of 1.8%. Core CPI YOY 1.7% vs est of 1.6%. CPI MOM 0.4% vs. estimate of 0.3%. Core CPI 0.2% vs. estimates of 0.2%.

• August 2, 2017
• no comment
• realestate

Private sector hiring stayed strong in July as employers added 178,000 jobs ADP reported Wednesday. Economist had forecast a July gain of 173,000 jobs compared with an original reported increase of 158,000 in June. On Wednesday, ADP revised June’s gain to 191,000.

• July 28, 2017
• no comment
• realestate

The cost of employing the average U.S. worker showed little acceleration despite the tightest labor market in years. Economists had expected a 0.6% gain in the employment cost index. Still, there’s little evidence of a broad upswing in the cost of labor. Over the past 12 months, employment costs have risen an unadjusted 2.4%, the

• July 28, 2017
• no comment
• realestate

GDP rebounded from soft patch at the start of the year. Consumer spending, the main engine of the economy, led the way with a 2.8% increase, according to Commerce Department data. Business investment in equipment rose 8.2%, while outlays on structures advanced 4.9%. In a bit of a surprise, the value of inventories fell slightly

• July 27, 2017
• no comment
• realestate

The number of Americans who applied for unemployment benefits rose in late July but remained near the lowest level in decades, mirroring a red-hot labor market that shows little sign of cooling. The average of new claims over the past month, which gives a more stable picture of layoff trends, was unchanged at 244,000.

• July 25, 2017
• no comment
• realestate

Treasury yields across the curve continued to rise on Tuesday following two straight weeks of declines as traders sold government paper ahead of the Federal Reserve’s policy meeting on Wednesday, which could set the market up for the looming normalization of the central bank’s balance sheet. The 10-year benchmark yield added 3.6 basis points to

• July 3, 2017
• no comment
• realestate

June ISM Manufacturing 57.8 vs. estimates of 55.2. Treasury yields ticked lower, but market activity was muted overall, as the July 4th weekend left trading desks lightly staffed. The Securities Industry and Financial Markets Association recommends bond markets to close early at 2 PM Eastern on Monday.