Weekly Market Observations - July 17, 2024

Here’s Our Weekly Market Observations :

Texas claims 3 of the top 5 cities with the best post-pandemic jobs comeback

CPI up 0.1% in June and 3.3% YOY

Wholesale prices up in June and 3% YOY

PCE up 0.1% in May and 2.6% YOY

Average 30-year fixed mortgage rates down slightly to 6.89%