Tag Archives: LEI

Housing Market (Still) Alive and Well

Posted on February 24, 2020 by Popular Economics Weekly

The Mortgage Corner FRED-ICAP All is still well with residential housing into this new year. Both housing starts and permits exceeded predictions, with starts now at 1.57 annual units, and permits at a 13-year high of 1.551 million units annualized. … Continue reading →

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Q3 GDP Unchanged

Posted on December 20, 2019 by Popular Economics Weekly

Popular Economics Weekly FRED The Commerce Department’s final estimate of third quarter U.S. economic growth was unchanged at 2.1 percent, as strong consumer spending was offset by weaker business investment and shrinking inventories. Consumers were the difference, as they kept … Continue reading →

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Retail Sales Rebound Sign of Higher Growth?

Posted on April 19, 2019 by Popular Economics Weekly

Popular Economics Weekly Sales at U.S. retailers surged in March by the most in a year and a half, the latest in a string of reports suggesting economic growth is picking up after a soft spell of growth earlier in … Continue reading →

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Housing Sales, Leading Growth Indicator, Higher

Posted on March 23, 2018 by Popular Economics Weekly

The Mortgage Corner Higher new and existing-home sales, and continued economic growth are the reason the Fed raised their overnight rate into a range between 1.5 to 1.75 percent on Wednesday. Even with consistently low inventory levels and faster price … Continue reading →

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Our Housing Supply Is Catching Up (Revised)!

Posted on November 20, 2017 by Popular Economics Weekly

The Mortgage Corner Nationwide housing starts rose 13.7 percent in October to a seasonally adjusted annual rate of 1.29 million units after a slight upward revision to the September reading, according to newly released data from the U.S. Department of … Continue reading →

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Higher Housing Sales, Leading Indicators Mean More Growth

Posted on July 21, 2016 by Popular Economics Weekly

Financial FAQs Two more signs of improved economic growth came out today. Boosted by a greater share first-time buyer sales not seen in nearly four years, existing-home sales maintained their upward trajectory in June and increased for the fourth consecutive … Continue reading →

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What Happens in 2016?

Posted on December 25, 2015 by Popular Economics Weekly

Popular Economics Weekly Even with interest rates rising, we see 2.5 percent plus GDP growth in 2016, because of strong employment and consumer spending. An early sign of this this trend is the Conference Board’s Index of Leading Economic Indicators … Continue reading →

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Record Post-Recession Home Sales, Construction, Case-Shiller Prices in July

Posted on August 25, 2015 by Popular Economics Weekly

The Mortgage Corner With all the bad news coming from the stock market, it’s good to know that this hasn’t affected the housing market. In fact, it’s pushing interest rates lower, so that a conforming 30-year fixed mortgage rate has … Continue reading →

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Conference Board’s Leading Economic Indicators Near Highs

Posted on December 19, 2014 by Popular Economics Weekly

Financial FAQs The Conference Board Leading Economic Index® (LEI) for the U.S. increased 0.6 percent in November to 105.5 (2004 = 100), following a 0.6 percent increase in October, and a 0.8 percent increase in September. It is a further … Continue reading →

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Yellen + Jackson Hole = Higher Growth

Posted on August 26, 2014 by Popular Economics Weekly

Popular Economics Weekly New Fed Chairman Janet Yellen plus a few other major central bankers at their annual Jackson Hole conference seem to have committed a heresy by advocating full employment as the goal of central bank policies, above and … Continue reading →

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