Monthly Archives: October 2021

Home Prices Keep Rising

The Mortgage Corner Calculated Risk I said last month the housing market was cooling with the fall weather, but maybe not yet. Because housing prices are still rising in double digits, although they may be leveling off. The S&P CoreLogic … Continue reading

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No Real Slowdown in US Recovery

Popular Economics Weekly FRED The latest survey of US businesses shows little diminishing of economic activity in the near future. A survey of senior business executives in service-oriented companies, such as retailers and banks, rebounded to a three-month high of … Continue reading

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Retail Sales Confirm Holiday Rally

Financial FAQs FRED September retail sales and food services presage a holiday season worth celebrating, despite supply shortages, worker shortages, and the pandemic. Seasonally adjusted retail sales are up 12 percent over last September, which means that the demand for … Continue reading

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JOLTS Report Shows Improved Jobs Market

Financial FAQs Calculated Risk Job openings are plentiful as ever in the Labor Department’s Job Openings and Labor Turnover Survey (JOLTS) report for September. It gives the best picture of job growth, better than last Friday’s punk unemployment report (with … Continue reading

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Why So Few Jobs?

Popular Economics Weekly NPR.org Is hiring cooling off with the cooler weather? We really don’t know, in spite of the punk employment numbers. Economists don’t agree on why employers added just 194,000 jobs in September, according to the Labor Department’s … Continue reading

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Why Have a Debt Ceiling Debate?

Financial FAQs FREDdebtgdp We might have just been saved from an immediate default on the national debt with all of its consequences. Senate Minority Leader Mitch McConnell late on Wednesday made a new offer to the Democratic-run Senate as lawmakers … Continue reading

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U.S. Manufacturing Output Surging

Financial FAQs FREDmanuoutput Growth in the U.S. manufacturing sector is exploding, according to the Institute for Supply Managers Report on Business. Output is up 17 percent in Q2 2021 YoY. It is a great sign of overall economic growth for … Continue reading

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