ECONOMIC UPDATES
Wednesday, August 10
Last Week in the News-------------------------------------------------------------------------------- The Institute for Supply Management reported that the monthly composite index of manufacturing activity fell to 50.9 in July after a reading of 55.3 in June. A reading above 50 signals expans...
ECONOMIC UPDATES
Tuesday, August 02
Last Week in the News________________________________________Pending home sales, a forward-looking indicator based on signed contracts, rose 2.4% in June after an 8.2% increase in May. On a year-over-year basis, pending sales are up 19.8%.The Standard & Poor's/Case-Shiller 20-city housing...
ECONOMIC UPDATES
Wednesday, July 27
Last Week in the News________________________________________________________________________________The combined construction of new single-family homes and apartments in June rose 14.6% to a seasonally adjusted annual rate of 629,000 units. Single-family starts increased 9.4%. Multifamily s...
ECONOMIC UPDATES
Monday, July 18
Last Week in the News The trade deficit increased 15.1% to $50.2 billion in May from a revised $43.6 billion in April. Exports fell 0.5% to $174.9 billion. Imports increased 2.6% to $225.1 billion.The Mortgage Bankers Association said its seasonally adjusted composite index of mortgag...
ECONOMIC UPDATES
Wednesday, July 13
Last Week in the News Factory orders rose 0.8% in May to a seasonally adjusted $445.29 billion, following an upwardly revised 0.9% decrease in April. Excluding the volatile transportation sector, orders rose 0.2% in May. The Mortgage Bankers Association said its seasonally adjusted co...
ECONOMIC UPDATES
Thursday, July 07
Last Week in the News Pending home sales, a forward-looking indicator based on signed contracts, rose 8.2% in May after a revised 11% decrease in April. On a year-over-year basis, pending sales are up 13.4%. Retail sales rose 2.9% for the week ending June 25, according to the ICSC...