Housing Starts decrease to 956 Thousand Annual Rate in August
From the Census Bureau: Permits, Starts and CompletionsHousing Starts:Privately-owned housing starts in August were at a seasonally adjusted annual rate of 956,000. This is 14.4 percent below the...
View ArticleA few comments on August Housing Starts
This was a disappointing report for housing starts in August.Starts were only up 8.0% year-over-year in August.There were 670 thousand total housing starts during the first eight months of 2014 (not...
View ArticleSacramento Housing in August: Total Sales down 13% Year-over-year, Equity...
Several years ago I started following the Sacramento market to look for changes in the mix of houses
View ArticleFed: Industrial Production decreased 0.1% in August
From the Fed: Industrial production and Capacity Utilization The index of industrial production edged down 0.1 percent in August, and the index for manufacturing output decreased 0.4 percent; the...
View ArticleLA area Port Traffic: Soft in August
Container traffic gives us an idea about the volume of goods being exported and imported – and possibly some hints about the trade report for August since LA area ports handle about 40% of the nation’s...
View ArticleBLS: Producer Price Index unchanged in August
From the BLS: The Producer Price Index for final demand was unchanged in August, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices advanced 0.1 percent in...
View ArticleLawler: Early Read on Existing Home Sales in August
From housing economist Tom Lawler: Based on August realtor association/board/MLS reports released so far, I estimate that existing home sales as measured by the National Association of Realtors ran at...
View ArticleLawler: Table of Distressed Sales and Cash buyers for Selected Cities in August
Economist Tom Lawler sent me the table below of short sales, foreclosures and cash buyers for several selected cities in August.Comments from CR: Tom Lawler has been sending me this table every month...
View ArticleKey Measures Show Low Inflation in August
The Cleveland Fed released the median CPI and the trimmed-mean CPI this morning:According to the Federal Reserve Bank of Cleveland, the median Consumer Price Index rose 0.1% (1.5% annualized rate) in...
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