by Calculated Risk on 9/05/2025 08:30:00 AM From the BLS: Employment Situation Total nonfarm payroll employment changed little in August (+22,000) and has shown little change since April, the U.S. Bureau of Labor Statistics (BLS) reported today. The unemployment rate, at 4.3 percent, also changed little in August. A job gain in health care was…
by Calculated Risk on 9/04/2025 08:01:00 PM Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Friday:• At 8:30 AM: Employment Report for August. The consensus is for 78,000 jobs added, and for the unemployment rate to increase to 4.3%. Source link
by Calculated Risk on 9/04/2025 03:37:00 PM From the Las Vegas Visitor Authority: July 2025 Las Vegas Visitor Statistics Slower tourism trends of recent months continued in July as the destination saw a ‐12% YoY decline in visitation, hosting approximately 3.1M visitors. The convention segment saw a YoY increase of 10.7% for the month, reflecting…
by Calculated Risk on 9/04/2025 02:55:00 PM This graph shows heavy truck sales since 1967 using data from the BEA. The dashed line is the August 2025 seasonally adjusted annual sales rate (SAAR) of 422 thousand. Note: “Heavy trucks – trucks more than 14,000 pounds gross vehicle weight.” Click on graph for larger image. Heavy…
by Calculated Risk on 9/04/2025 12:09:00 PM Today, in the Real Estate Newsletter: Asking Rents Mostly Unchanged Year-over-year Brief excerpt: Another monthly update on rents. Tracking rents is important for understanding the dynamics of the housing market. Slower household formation and increased supply (more multi-family completions) has kept asking rents under pressure. More recently, immigration…
by Calculated Risk on 9/04/2025 10:17:00 AM The BEA reported this morning that light vehicle sales were at 16.07 million in August on a seasonally adjusted annual rate basis (SAAR). This was down 2.9% from the sales rate in July, and up 6.2% from August 2024. Click on graph for larger image. This graph shows…
by Calculated Risk on 9/04/2025 10:00:00 AM (Posted with permission). The ISM® Services index was at 52.0%, up from 50.1% last month. The employment index increased to 46.5%, from 46.4%. Note: Above 50 indicates expansion, below 50 in contraction. From the Institute for Supply Management: Services PMI® at 52% August 2025 ISM® Services PMI® Report Economic…
Gold pauses after a record high of $3,578.50 as profit-taking and a steady US Dollar weigh on sentiment. Easing US Treasury yields and calmer global bond markets help limit downside, keeping safe-haven demand supported. The US PMI data were mixed, with the S&P Global Composite slipping to 54.6, while the ISM Services PMI improved to…
by Calculated Risk on 9/04/2025 08:35:00 AM The Census Bureau and the Bureau of Economic Analysis reported: The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $78.3 billion in July, up $19.2 billion from $59.1 billion in June, revised. July exports were $280.5 billion,…
by Calculated Risk on 9/03/2025 07:58:00 PM Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Thursday:• At 8:15 AM ET, The ADP Employment Report for August. This report is for private payrolls only (no government). The consensus is for 72,000 payroll jobs added in August, down from 104,000 in July. •…