This week’s financial and housing market news update The Economy In January, the number of employees resigning from their positions reached a three-year low, signaling a gradual easing of conditions in the labor market. The growth in the services industry…
This week’s financial and housing market news update The Economy Recent economic indicators reveal a mixed bag of trends impacting the housing sector and consumer sentiment. In January, orders for durable goods experienced a notable decline, marking the sharpest drop…
This week’s financial and housing market news update The Economy In a surprising turn, new unemployment claims took an unexpected dip last week, indicating a probable continuation of robust job growth into March. Insights from the recent Federal Reserve meeting…
This week’s financial and housing market activity update…” The Economy The dynamics of shelter costs played a pivotal role in the unexpected rise in January’s inflation, mitigating the likelihood of an imminent rate cut by the Federal Reserve. Emphasizing caution,…
This week’s financial and housing market activity update…” The Economy January witnessed a robust surge in job creation, indicating the resilience of the labor market and its capacity to drive broader economic expansion. Federal Reserve authorities reiterate their stance on…
This week’s financial and housing market activity update…” The Economy The latest figures on consumer confidence paint an optimistic picture, reaching the highest point since December 2021 and showing a remarkable increase of over 30% from the low point observed…
This week’s financial and housing market activity update…” The Economy Surpassing expectations, the economy demonstrated accelerated growth in the final quarter, driven by robust consumer spending, defying earlier predictions of a potential 2023 recession. Labor Market Resilience: Despite a 25K…
This week’s financial and housing market activity update…” The Economy The Federal Reserve has indicated a halt in its policy rate hikes and the possibility of at least three cuts in 2024, a move expected to positively impact mortgage rates.…
This week’s financial and housing market activity update… The Economy October witnessed a notable 3.6% downturn in factory orders, surpassing expectations and marking the most substantial monthly decrease in over three years [Reuters]. Job openings dropped to 8.7 million, falling…
This week’s financial and housing market activity update… The Economy Inflation Holds Steady at 3.5%: The Federal Reserve’s key measure of inflation, gauged through personal spending, demonstrated a year-over-year increase of 3.5% in October, aligning with market expectations. Mixed Signals…
