ECONOMIC UPDATES
Monday, March 05
Last Week in the News--------------------------------------------------------------------------------Pending home sales, a forward-looking indicator based on signed contracts, rose 2% in January after a revised 1.9% decrease in December. It was the highest reading since April 2010. On a year-over...
ECONOMIC UPDATES
Monday, February 27
Last Week in the News--------------------------------------------------------------------------------Existing home sales rose 4.3% in January to a seasonally adjusted annual rate of 4.57 million units from a downwardly revised 4.38 million units in December. The inventory of unsold homes on t...
ECONOMIC UPDATES
Wednesday, February 22
Last Week in the News -------------------------------------------------------------------------------- The index of leading economic indicators - designed to forecast economic activity in the next three to six months - rose a solid 0.4% in January, following an upwardly revised 0.5% increase ...
ECONOMIC UPDATES
Monday, January 23
Last Week in the News-------------------------------------------------------------------------------- The Mortgage Bankers Association said its seasonally adjusted composite index of mortgage applications for the week ending January 13 rose 23.1%. Refinancing applications increased 26.4%. P...
ECONOMIC UPDATES
Tuesday, January 17
Last Week in the News--------------------------------------------------------------------------------Retail sales rose 0.1% to $400.6 billion in December after an upwardly revised 0.4% increase in November. It was the seventh straight monthly gain and the first $400 billion month for retail s...
ECONOMIC UPDATES
Monday, January 09
Last Week in the News--------------------------------------------------------------------------------Factory orders rose 1.8% in November to a seasonally adjusted $459.2 billion, following a revised 0.2% decrease in October. Excluding the volatile transportation sector, orders rose 0.3% in No...