Housing Starts Come Back Down to Earth in December, but Still Suggest Recent...
The Census Bureau and the U.S. Department of Housing and Urban Development said that housing starts come back down to Earth in December after soaring in November. The annualized pace of new housing...
View ArticlePoor Weather Conditions Negatively Impacted Home Builder Sentiment in February
The National Association of Home Builders (NAHB) and Wells Fargo said that its Housing Market Index (HMI) dropped sharply from 56 in January to 46 in February. As we have seen in other recent economic...
View ArticleHousing Permits Top 1 Million Again, but Softness Persists for Starts
The Census Bureau and the U.S. Department of Housing and Urban Development said that housing starts decline by 2,000 in February to an annualized 907,000 units. With that said, new residential...
View ArticleHousing Starts and Permits Were Up Markedly in April, Particularly for...
The Census Bureau and the U.S. Department of Housing and Urban Development said that housing starts and permits were up markedly in April, particularly for multi-family units. New housing starts were...
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Monday Economic Report – May 19, 2014
Here is the summary for this week’s Monday Economic Report: There are numerous signs that global economic growth is lower than expected in 2014, with some disappointing data coming in last week. For...
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Housing Starts and Permits Decline in May, with Both Hovering Around 1...
The Census Bureau and the U.S. Department of Housing and Urban Development said that housing starts and permits both declined in May. New housing starts decreased from an annualized 1,071,000 units in...
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Monday Economic Report – July 21, 2014
This is the summary for this week’s Monday Economic Report: With more and more data starting to trickle in for June, we are seeing some definite trends taking shape. One positive is that the...
View ArticleHousing Starts Rebounded in July to Their Second-Highest Pace since the...
The Census Bureau and the U.S. Department of Housing and Urban Development said that housing starts increased 15.7 percent in July, offsetting significant declines in both May and June. Starts...
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Monday Economic Report – September 22, 2014
Here is the summary of this week’s Monday Economic Report: Manufacturing production declined unexpectedly in August, led lower by reduced motor vehicle output. This drop was likely the result of...
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Monday Economic Report – October 20, 2014
Here is the summary for this week’s Monday Economic Report: Global financial markets were highly volatile last week, with investors concerned about slower growth in Europe and an Ebola outbreak in the...
View ArticleHousing Trends Remain Positive in October Despite a Slight Drop in Starts
The Census Bureau and the U.S. Department of Housing and Urban Development said that housing data were mixed in October, but the overarching trend line remains positive. New housing starts eased...
View ArticleHousing Starts and Permits Eased Somewhat in November
The Census Bureau and the U.S. Department of Housing and Urban Development said that housing activity eased somewhat in November. New residential construction starts decreased from a revised 1,045,000...
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Monday Economic Report – January 26, 2015
Here is the summary for this week’s Monday Economic Report: The European Central Bank (ECB) finally announced its long-awaited quantitative easing program on Thursday. The ECB will purchase 60 million...
View ArticleHousing Starts Plummeted in February, but Permits Reflect Continued Strength
The Census Bureau and the U.S. Department of Housing and Urban Development said that residential construction activity plummeted in February, falling 17.0 percent. New housing starts declined from an...
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Monday Economic Report – March 23, 2015
Here is the summary for this week’s Monday Economic Report: The U.S. economy has sputtered a bit in the early months of 2015. While it continues to grow modestly, several economic indicators are...
View ArticleHousing Starts Remained Weak in March
The Census Bureau and the U.S. Department of Housing and Urban Development said that residential construction activity remained weak for the second straight month. New housing starts increased 2.0...
View ArticleHousing Starts Rebounded Strongly in April, Growing at Fastest Pace since...
The Census Bureau and the U.S. Department of Housing and Urban Development said that residential construction activity rebounded strongly in April. New housing starts jumped from an annualized 944,000...
View ArticleHousing Starts Pull Back Somewhat, but Permits Rise to Fastest Pace since...
The Census Bureau and the U.S. Department of Housing and Urban Development said that new housing starts were somewhat lower in May than expected. New housing starts declined from an upward-revised...
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Monday Economic Report – June 22, 2015
Here is the summary for this week’s Monday Economic Report: Last week, one media outlet reported that manufacturing has been in a “technical recession” for the past six months. I am more hesitant to...
View ArticleHome Builder Confidence Rose to Nearly a 10-Year High
The National Association of Home Builders (NAHB) and Wells Fargo said that the Housing Market Index (HMI) rose to its highest level since November 2005. Home builder confidence was unchanged in July at...
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