Tag: Employment

Firming Housing Market, Caution About Future Economic Activity: What We Learned During the Week of August 17-21

Last week featured several housing market metrics at post-recession highs and a forward looking measure of economic activity that softened in July. Here's the U.S. economic data you missed during the week ending August 21. Sales of previously owned homes edged up in July, despite tight inventories and rising prices. The National Association of Realtors reports existing... Continue Reading →

A Better Retail Story, Manufacturing Still Uneven: What We Learned During the Week of August 10-14

July featured both a pick up in retail sales and continued uneven activity in the manufacturing sector. Here's the U.S. economic data you missed during the week ending August 14. July was a solid month at the cash register. The Census Bureau says retail sales totaled $446.5 billion (seasonally adjusted), up 0.6% from the previous... Continue Reading →

Decent Job Creation, Weak Spending: What We Learned During the Week of August 3-7

July saw more than 200k jobs being created, but other economic metrics released last week did not inspire as much confidence.  Here's the U.S. economic data you missed during the week ending August 7. 1.  July job creation: Not bad…not great. The Bureau of Labor Statistics estimates nonfarm payrolls grew by 215,000 on a seasonally adjusted... Continue Reading →

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