Tag Archives: milliennials

A Good Jobs Report

Posted on July 2, 2015 by Popular Economics Weekly

Financial FAQs Should we push back the first Fed rate hike to the presidential election year of 2016, because of June’s softer-than-expected employment report? Nonfarm payroll growth came in at 223,000 vs expectations for 230,000 and above. It included downward … Continue reading →

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Consumers Earn and Spend More This Year

Posted on June 29, 2015 by Popular Economics Weekly

Financial FAQs The consumer came to life in May, boosted by a 0.5 percent rise in personal income and helping to support a 0.9 percent surge in personal outlays that reflects heavy spending on autos and retail goods. The spending … Continue reading →

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Housing Construction Soars

Posted on June 17, 2015 by Popular Economics Weekly

The Mortgage Corner Housing construction is taking off, as I predicted two weeks ago. The numbers show actual construction starts accelerating as well as building permits for future construction. It is also boosting builder confidence to a level that signals … Continue reading →

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2014 Household Formation Rebounds

Posted on March 16, 2015 by Popular Economics Weekly

Financial FAQs Breaking news. The latest Homeownership & Vacancy Survey, released by the Census Bureau, estimated household formation surged to 1.7 million in 2014 from 400,000 the previous year. That is really big news. Household formation, which is the bottom … Continue reading →

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Mortgage Applications Increase Incredible 49 percent in January

Posted on January 18, 2015 by Popular Economics Weekly

The Mortgage Corner Mortgage applications increased 49.1 percent from one week earlier, said the just released Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending January 9, 2015. It was the largest increase since 2008 at the start … Continue reading →

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What Will 2015 Bring?

Posted on December 31, 2014 by Popular Economics Weekly

Popular Economics Weekly We already have an idea of what will happen in 2015. Firstly, job creation should continue to exceed 300,000 payroll jobs per month. Nobelist Paul Krugman is especially optimistic about economic growth, given that we have escaped … Continue reading →

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Housing Picks Up, Builder Confidence Highest in 7 Years

Posted on November 20, 2014 by Popular Economics Weekly

The Mortgage Corner Builders are most optimistic about single family homes, and the youngest adults are finally beginning to leave their parents’ nest, apparently. The National Association of Home Builders/Wells Fargo gauge rose four points to 58 in November, near … Continue reading →

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More Jobs Available, Goldman Upgrades RE Forecast

Posted on October 8, 2014 by Popular Economics Weekly

Popular Economics Weekly Goldman Sachs economist David Mericle in his research report, “Housing: The Recovery Resumes” says that overall, the message from the broad housing data flow is that the housing market is still at the beginning of a new … Continue reading →

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Employment Up, Interest Rates Falling Again

Posted on October 2, 2014 by Popular Economics Weekly

Popular Economics Weekly We are still in the Goldilocks economy—it’s not too hot or too cold. In fact, there is enough geopolitical unrest (now it’s the Hong Kong youth protests against China’s hardliners) to drive down interest rates, and boost … Continue reading →

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Pending-Home Sales Decline Slightly

Posted on October 1, 2014 by Popular Economics Weekly

The Mortgage Corner The Pending Home Sales Index, a forward-looking indicator based on contract signings, fell 1.0 percent to 104.7 in August from 105.8 in July, and is now 2.2 percent below August 2013 (107.1). Despite the slight decline, the … Continue reading →

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