Today’s report on new home sales reveals a slight shortfall in sales estimates. However, it also emphasizes a more critical issue: the currently elevated supply of new homes. This surplus has ...
Hiring has generally been weak, while the unemployment rate has ticked higher, which could hurt consumer spending and the broader economy. The latest job report showed that the U.S. gained a decent 64 ...
Today’s new home sales report beat market expectations, just like last week’s existing home sales report. However, a detailed analysis of the data explains why housing permits continue to remain at ...
December 2024 retail sales were positive but slightly below expectations, with an increase in month-on-month sales by 0.4%. This was the fourth consecutive monthly expansion in retail sales and ...
February sales was sort of the good news, bad news story now that the automakers that report sales monthly have weighed in. Of course, we'll see a much more accurate picture after the end of this ...
The May Retail Sales report on Tuesday showed sales were down 0.9% to miss the consensus estimate of -0.5%. Core retail sales were down 0.3% month-over-month vs. +0.2% consensus. Home improvement ...