by Calculated Risk on 5/08/2025 10:41:00 AM The U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through 3 May. … 27 April through 3 May 2025 (percentage change from comparable week in 2024): • Occupancy: 65.8% (+1.8%)• Average daily rate (ADR): US$164.33 (+2.2%)• Revenue per available room (RevPAR): US$108.06 (+4.1%) Performance…
The softening of trade relations between the United States and China has contributed to the strengthening of risky assets on the American stock market. U.S. Treasury Secretary Scott Bessant stressed that the current tariffs and trade restrictions represent an unstable situation, but the United States does not intend to sever ties with China. He also…
by Calculated Risk on 5/08/2025 08:30:00 AM The DOL reported: In the week ending May 3, the advance figure for seasonally adjusted initial claims was 228,000, a decrease of 13,000 from the previous week’s unrevised level of 241,000. The 4-week moving average was 227,000, an increase of 1,000 from the previous week’s unrevised average of…
by Calculated Risk on 5/07/2025 07:59:00 PM Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Thursday:• At 8:30 AM ET, The initial weekly unemployment claims report will be released. The consensus is for initial claims of 223 thousand, down from 241 thousand last week. Source link
Gold has resumed its upward movement as investors analyzed trade-related comments from U.S. Treasury Secretary Scott Bessent while awaiting the Federal Reserve’s decision on interest rates. Bessent recently stated that several attractive offers were made to the United States during negotiations with trade partners, reiterating that some deals might be announced as soon as this…
by Calculated Risk on 5/07/2025 04:01:00 PM From Dodge Data Analytics: Dodge Momentum Index Increases 1% in April The Dodge Momentum Index (DMI), issued by Dodge Construction Network, grew 0.9% in April to 205.1 (2000=100) from the downwardly revised March reading of 203.1. Over the month, commercial planning grew 3.3% while institutional planning fell 4.2%….
by Calculated Risk on 5/07/2025 02:00:00 PM Fed Chair Powell press conference video here or on YouTube here, starting at 2:30 PM ET. FOMC Statement: Although swings in net exports have affected the data, recent indicators suggest that economic activity has continued to expand at a solid pace. The unemployment rate has stabilized at a…
by Calculated Risk on 5/07/2025 11:11:00 AM Today, in the Calculated Risk Real Estate Newsletter: 1st Look at Local Housing Markets in April A brief excerpt: This is the first look at several early reporting local markets in April. I’m tracking over 40 local housing markets in the US. Some of the 40 markets are…
by Calculated Risk on 5/07/2025 09:32:00 AM From Manheim Consulting today: Wholesale Used-Vehicle Prices Increased in April Wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) were much higher in April compared to March. The Manheim Used Vehicle Value Index (MUVVI) increased to 208.2, an increase of 4.9% from a year ago and…
The Swiss National Bank (SNB) has declared its readiness to take decisive measures to prevent inflation from falling below the target level necessary to ensure price stability. The head of the bank, Martin Schlegel, during a speech in Zurich, noted that currency interventions and lowering interest rates to negative values are considered among possible steps. …