WEEKLY VANTAGE POINT: JUNE 19 – 23, 2017

Reports to Watch The week is full of key economic data from a variety of sectors. Economic data is limited this week with Existing Home Sales on Wednesday followed by New Home Sales on Friday. As usual, weekly Initial Jobless … Continue reading

YOU HAD ME AT ‘NEW HOME SALES’

YOU HAD ME AT ‘NEW HOME SALES’

The housing sector continues to be a bright spot in the U.S. economy. New Home Sales, which reports monthly on the number of newly constructed homes with a committed sale, surged by nearly 17 percent in April from March. This … Continue reading

WILL THE ECONOMY BLOOM THIS SPRING?

WILL THE ECONOMY BLOOM THIS SPRING?

The housing and labor sectors remained strong in the first quarter, but what about our economy overall? GDP Slows While Fed Holds Steady The Federal Open Market Committee (FOMC) met in April and, as expected, held its benchmark Fed Funds … Continue reading

SOME SPRING IN OUR STEP

SOME SPRING IN OUR STEP

Spring is nearly here, and some sectors of the economy are warming more than others. Home Sales: Heating Up Lower than expected home loans rates are making homeownership more affordable than renting in many areas. January Existing Homes Sales, which … Continue reading

THE LONG, LONG RECOVERY

THE LONG, LONG RECOVERY

The latest snapshot of Gross Domestic Product (GDP), which is the broadest measure of U.S. economic activity, shows economic growth is still sluggish overall. For all of 2014 GDP was only 2.42 percent, which is disappointing considering this is the … Continue reading

WHAT TO WATCH: GROSS DOMENSTIC PRODUCT (GDP)

WHAT TO WATCH: GROSS DOMENSTIC PRODUCT (GDP)

Gross Domestic Product (GDP) for the fourth quarter of 2014 shows the economy is growing, but by how much? What is the GDP Report? GDP is a measure of the total production and consumption of goods and services in the … Continue reading