by Calculated Risk on 6/07/2025 08:11:00 AM The key report this week is May CPI. —– Monday, June 9th —– No major economic releases scheduled. —– Tuesday, June 10th —– 6:00 AM ET: NFIB Small Business Optimism Index for April. —– Wednesday, June 11th —– 7:00 AM ET: The Mortgage Bankers Association (MBA) will release…
by Calculated Risk on 6/06/2025 07:39:00 PM Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. For deaths, I’m currently using 4 weeks ago for “now”, since the most recent three weeks will be revised significantly. Note: “Effective May 1, 2024, hospitals are no longer required to report COVID-19 hospital admissions, hospital…
by Calculated Risk on 6/06/2025 05:00:00 PM From the Association of American Railroads (AAR) AAR Data Center. Graph and excerpts reprinted with permission. Rail freight volumes in May 2025 tell a story of an industry navigating crosscurrents. On one side, carload traffic showed solid growth, reflecting resilience in key sectors of the domestic economy. On…
by Calculated Risk on 6/06/2025 01:46:00 PM Today, in the Calculated Risk Real Estate Newsletter: 1st Look at Local Housing Markets in May A brief excerpt: Tracking local data gives an early look at what happened the previous month and also reveals regional differences in both sales and inventory. Closed sales in May were mostly…
by Calculated Risk on 6/06/2025 01:11:00 PM From BofA: Since our last weekly publication, our 2Q GDP tracking is up to 2.7% q/q saar from 1.8% q/q saar and 1Q GDP is up two-tenths to 0.0% q/q saar. [June 6th estimate]emphasis added From Goldman: The details of the trade balance report indicated that April exports…
by Calculated Risk on 6/06/2025 11:10:00 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 lower in May compared to April. The Manheim Used Vehicle Value Index (MUVVI) declined to 205.2, representing a 4% increase from the same time last year…
by Calculated Risk on 6/06/2025 09:06:00 AM The headline jobs number in the May employment report was slightly above expectations, however, March and April payrolls were revised down by 95,000 combined. The participation rate and the employment population ratio decreased, and the unemployment rate was unchanged at 4.2%. Prime (25 to 54 Years Old) Participation…
by Calculated Risk on 6/06/2025 08:30:00 AM From the BLS: Employment Situation Total nonfarm payroll employment increased by 139,000 in May, and the unemployment rate was unchanged at 4.2 percent, the U.S. Bureau of Labor Statistics reported today. Employment continued to trend up in health care, leisure and hospitality, and social assistance. Federal government continued…
by Calculated Risk on 6/05/2025 08:08:00 PM Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Friday:• At 8:30 AM ET, Employment Report for May. The consensus is for 130,000 jobs added, and for the unemployment rate to be unchanged at 4.2%. Source link
by Calculated Risk on 6/05/2025 04:58:00 PM What this means: On a weekly basis, Realtor.com reports the year-over-year change in active inventory and new listings. On a monthly basis, they report total inventory. For May, Realtor.com reported inventory was up 31.5% YoY, but still down 14.4% compared to the 2017 to 2019 same month levels. …