by Calculated Risk on 9/06/2024 06:17:00 PM From BofA: Since our last weekly publication, the 3Q GDP tracking estimate went down three tenths to 2.3% q/q saar while our 2Q GDP tracking estimate remains unchanged at 3.0% q/q saar since the second official estimate. [Sept 6th estimate]emphasis added From Goldman: The details of the trade…
by Calculated Risk on 9/06/2024 12:03:00 PM Today, in the Calculated Risk Real Estate Newsletter: Catching Up: New Home Sales Increased to 739,000 Annual Rate in July Brief excerpt: I’m back from Africa! I’ll be catching up on recent data over the next few days, and I’ll post some photos / videos from my trip….
by Calculated Risk on 9/06/2024 09:12:00 AM The headline jobs number in the August employment report was below expectations, and June and July payrolls were revised down by 82,000 combined. The participation rate and the employment population ratio were unchanged, and the unemployment rate decreased to 4.2%. Construction employment increased 34 thousand and is now…
by Calculated Risk on 9/06/2024 08:30:00 AM From the BLS: Employment Situation Total nonfarm payroll employment increased by 142,000 in August, and the unemployment rate changed little at 4.2 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in construction and health care.…The change in total nonfarm payroll employment for June was…
by Calculated Risk on 9/05/2024 07:09:00 PM Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Friday:• At 8:30 AM ET, Employment Report for August. The consensus is for 164,000 jobs added, and for the unemployment rate to decreased to 4.2%. Source link
by Calculated Risk on 9/05/2024 12:16:00 PM Today, in the CalculatedRisk Real Estate Newsletter: Calculated Risk Returns! Existing Home Sales Increased to 3.95 million SAAR in July Excerpt: I’m back from Africa! I’ll be catching up on recent data over the next week, and I’ll post some photos / videos from my trip.…Sales Year-over-Year and…
by Calculated Risk on 9/04/2024 08:04:00 PM Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Thursday:• 8:15 AM: The ADP Employment Report for August. This report is for private payrolls only (no government). • At 8:30 AM ET, The initial weekly unemployment claims report will be released. The consensus is for…
by Calculated Risk on 8/31/2024 08:11:00 AM I’ll be out of contact from August 20th until Sept 4th. I’ll be back for the August employment report. The key report this week is the August employment report on Friday. Other key indicators include the August ISM manufacturing index, August auto sales, and Trade Deficit for July….
by Calculated Risk on 8/27/2024 09:09:00 AM CR Note: On vacation. I will return on Thursday, Sept 5th (If I don’t get lost!) In December 2006, my friend Doris “Tanta” Dungey started writing for Calculated Risk. From December 2006, until she passed away from ovarian cancer on Nov 30, 2008, Tanta was my co-blogger. Tanta…
by Calculated Risk on 8/24/2024 11:53:00 AM I’ll be out of contact from August 20th until Sept 4th. I’ll be back for the August employment report. The key indicators this week include the second estimate of Q2 GDP, Personal Income and Outlays for July, and Case-Shiller house prices for June. —– Monday, August 26th —–…