The Oldest and Most Trusted Real Estate News Magazine

Author Archive

Hotels: Occupancy Rate Decreased Slightly Year-over-year

By
Hotels: Occupancy Rate Decreased Slightly Year-over-year

From HotelNewsNow.com: STR: US hotel results for week ending 7 December The U.S. hotel industry reported mostly positive year-over-year results in the three key performance metrics during the week of 1-7 December 2019, according to data from STR. In comparison with the week of 2-8 December 2018, the industry recorded the following: • Occupancy:...
Read more »

Posted in Uncategorized | No Comments »

Thursday: Unemployment Claims, Flow of Funds

By
Thursday: Unemployment Claims, Flow of Funds

Thursday:• At 8:30 AM ET, The initial weekly unemployment claims report will be released. The consensus is for 212,000 initial claims, up from 203,000 last week. • Also at 8:30 AM, The Producer Price Index for November from the BLS. The consensus is for a 0.2% increase in PPI, and a 0.2% increase in...
Read more »

Posted in Uncategorized | No Comments »

“Mortgage Rates Snap Back to Lower Levels”

By
“Mortgage Rates Snap Back to Lower Levels”

From Matthew Graham at MortgageNewsDaily: Mortgage Rates Snap Back to Lower Levels Mortgage rates reacted somewhat harshly to an incredibly strong jobs report last Friday. … There will always be some obligatory response to a report as strong as that. That was indeed the case on Friday and mortgage lenders were a bit defensive...
Read more »

Posted in Uncategorized | No Comments »

Schedule for Week of December 8, 2019

By
Schedule for Week of December 8, 2019

The key economic reports this week are November CPI and Retail Sales. The FOMC meets this week, and no change to policy is expected. —– Monday, Dec 9th —–No major economic releases scheduled. —– Tuesday, Dec 10th —–6:00 AM: NFIB Small Business Optimism Index for November. —– Wednesday, Dec 11th —–7:00 AM ET: The...
Read more »

Posted in Uncategorized | No Comments »

Friday: Employment Report

By
Friday: Employment Report

My November Employment Preview. Goldman’s November Payrolls preview. Friday:• At 8:30 AM ET, Employment Report for November.   The consensus is for 180,000 jobs added, and for the unemployment rate to be unchanged at 3.6%. • At 10:00 AM, University of Michigan’s Consumer sentiment index (Preliminary for December). • At 3:00 PM, Consumer Credit...
Read more »

Posted in Uncategorized | No Comments »

Is the Future still Bright?

By
Is the Future still Bright?

It was almost seven years ago when I wrote “The Future’s so Bright …” I noted that I was the most optimistic since the ’90s, and that things would only getting better. I pointed out that housing starts would increase significantly over the next several years, that state and local governments would start hiring...
Read more »

Posted in Uncategorized | No Comments »

Hotels: Occupancy Rate Increased Sharply Year-over-year due to Timing of Thanksgiving

By
Hotels: Occupancy Rate Increased Sharply Year-over-year due to Timing of Thanksgiving

Note: Due to the timing of Thanksgiving, the occupancy rate was up sharply YoY last week, and will be down sharply YoY in the report next week. From HotelNewsNow.com: STR: US hotel results for week ending 23 November The U.S. hotel industry reported positive year-over-year results in the three key performance metrics during the...
Read more »

Posted in Uncategorized | No Comments »

Q4 GDP Forecasts: 0.8% to 2.0%

By
Q4 GDP Forecasts: 0.8% to 2.0%

From Goldman Sachs: e lowered our Q4 GDP tracking estimate by one tenth to +2.0% (qoq ar). (qoq ar). emphasis added From the NY Fed Nowcasting Report The New York Fed Staff Nowcast stands at 0.8% for 2019:Q4. And from the Altanta Fed: GDPNow The GDPNow model estimate for...
Read more »

Posted in Uncategorized | No Comments »

Personal Income increased Slightly in October, Spending increased 0.3%, Core PCE increase 0.1%

By
Personal Income increased Slightly in October, Spending increased 0.3%, Core PCE increase 0.1%

The BEA released the Personal Income and Outlays report for October: Personal income increased .3 billion (less than 0.1 percent) in October according to estimates released today by the Bureau of Economic Analysis. Disposable personal income (DPI) decreased .6 billion (-0.1 percent) and personal consumption expenditures (PCE) increased .7 billion (0.3 percent). Real DPI...
Read more »

Posted in Uncategorized | No Comments »

Dallas Fed: “Texas Manufacturing Activity Weakens Slightly”

By
Dallas Fed: “Texas Manufacturing Activity Weakens Slightly”

From the Dallas Fed: Texas Manufacturing Activity Weakens Slightly Texas factory activity contracted slightly in November, according to business executives responding to the Texas Manufacturing Outlook Survey. The production index, a key measure of state manufacturing conditions, dipped into negative territory for the first time since mid-2016, falling seven points to -2.4. Other measures...
Read more »

Posted in Uncategorized | No Comments »

Sitemap Madbadcat Graphics