News/Blog
Weekly Market Insight – Monthly Single-Family Home Sales; In Millions, Seasonally Adjusted Annual Rate
The big news last week was that home sales plunged more than expected in July following the expiration of the housing tax credit at the end of April. New single-family home sales …
Good News Trifecta
· The money supply as measured by currency plus bank deposits plus households’ money market funds – called M2 – is growing. At about $8.6 trillion, the 13-week moving …
Weekly Market Insight – Senior Loan Officer Opinion Survey on Bank Lending Practices
Supply and demand conditions for commercial real estate debt are moving back toward equilibrium according to the Federal Reserve’s quarterly Senior Loan Officer Opinion Survey on …
Good News Friday: Déjà Vu All Over Again
There’s no denying that the pace of the recovery slowed in the second quarter, and a variety of more recent economic indicators suggests that it has continued to decelerate in the …
Weekly Market Insight – Total Consumer Credit
Since peaking at nearly $2.6 trillion in July 2008, consumer credit outstanding has fallen in 20 of the past 23 months by a total of 6.3 percent. Included in this category are rev…
Good News Friday: Which Came First…
The economy is locked in a stalemate. Businesses won’t hire until they see consumers spend more, and consumers won’t spend more until they have a job or feel secure in the job th…
Weekly Market Insight – Temporary Help Services, Monthly Change, Seasonally Adjusted
The loss of 5,600 temporary jobs in July was a troubling detail in the disappointing employment report released on Friday by the Bureau of Labor Statistics. Temp hiring had been stron…
Good News Friday: Good News… But You Have to Look Carefully
The July employment report released this morning by the Bureau of Labor Statistics confirms other indicators pointing to a slowdown in the recovery. The labor market con…
Weekly Market Insight – Gross Domestic Product
Gross Domestic Product Change from Preceding Quarter, Seasonally Adjusted Annual Rate
Second quarter GDP grew at an annualized rate of 2.4 percent, down from an upwardly revised 3…
Good News Friday: Jersey Surge
The U.S. industrial market surprised on the upside in the second quarter as net absorption of nearly 20 million square feet pushed the vacancy rate down by 30 basis points to 10.6 perc…
