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Posts Tagged ‘ December ’

Leading Index for Commercial Real Estate Increased in December

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Leading Index for Commercial Real Estate Increased in December

From Dodge Data Analytics: Dodge Momentum Index Moves Higher in December The Dodge Momentum Index increased 1.5% in December to 156.2 (2000=100) from the revised November reading of 153.9. The Momentum Index, issued by Dodge Data & Analytics, is a monthly measure of the first (or initial) report for nonresidential building projects in planning,...
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Question #3 for 2020: What will the unemployment rate be in December 2020?

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Question #3 for 2020: What will the unemployment rate be in December 2020?

Earlier I posted some questions for next year: Ten Economic Questions for 2020. I’m adding some thoughts, and maybe some predictions for each question. 3) Unemployment Rate: The unemployment rate was at 3.5% in November, down 0.2 percentage points year-over-year. Currently the FOMC is forecasting the unemployment rate will be in the 3.5% to...
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Schedule for Week of December 29, 2019

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Schedule for Week of December 29, 2019

Happy New Year! Wishing you all the best in 2020. The key indicators include this week are Case-Shiller House Prices for October and the December ISM manufacturing index. —– Monday, Dec 30th —–9:45 AM: Chicago Purchasing Managers Index for December. 10:00 AM: Pending Home Sales Index for November. The consensus is for a 1.1%...
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Kansas City Fed: “Tenth District Manufacturing Activity Decreased Further in December”

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Kansas City Fed: “Tenth District Manufacturing Activity Decreased Further in December”

From the Kansas City Fed: Tenth District Manufacturing Activity Decreased Further in December The Federal Reserve Bank of Kansas City released the December Manufacturing Survey today. According to Chad Wilkerson, vice president and economist at the Federal Reserve Bank of Kansas City, the survey revealed that Tenth District manufacturing activity decreased further in December...
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Schedule for Week of December 8, 2019

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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...
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Phoenix Real Estate in December: Sales down 9% YoY, Active Inventory up 6% YoY

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Phoenix Real Estate in December: Sales down 9% YoY, Active Inventory up 6% YoY

This is a key housing market to follow since Phoenix saw a large bubble / bust followed by strong investor buying. The Arizona Regional Multiple Listing Service (ARMLS) reports (“Stats Report”): 1) Overall sales declined to 6,403 from 7,070 in December 2017. Sales were down 1.7% from November, and down 9.4% from December 2017....
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Las Vegas Real Estate in December: Sales Down 17% YoY, Inventory up 82% YoY

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Las Vegas Real Estate in December: Sales Down 17% YoY, Inventory up 82% YoY

This is a key former distressed market to follow since Las Vegas saw the largest price decline, following the housing bubble, of any of the Case-Shiller composite 20 cities. The Greater Las Vegas Association of Realtors reported Southern Nevada housing market slowed down in December, GLVAR housing statistics for December 2018 The recent cooling trend...
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Comments on December Employment Report

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Comments on December Employment Report

The headline jobs number at 312 thousand for December was well above consensus expectations of 180 thousand, and the previous two months were revised up 58 thousand, combined. However, the unemployment rate increased to 3.9%. This was a strong report. Earlier: December Employment Report: 312,000 Jobs Added, 3.9% Unemployment Rate In December, the year-over-year...
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Schedule for Week of December 23, 2018

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Schedule for Week of December 23, 2018

Happy Holidays and Merry Christmas! The key economic reports this week are November New Home sales, and October Case-Shiller House Prices. Note: If the government is shutdown, the new home sales report will probably be delayed. —– Monday, Dec 24th —–8:30 AM ET: Chicago Fed National Activity Index for November. This is a composite...
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Schedule for Week of December 9, 2018

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Schedule for Week of December 9, 2018

The key economic reports this week are November CPI and Retail Sales. For manufacturing, November industrial production will be released this week. —– Monday, Dec 10th —–10:00 AM ET: Job Openings and Labor Turnover Survey for October from the BLS. This graph shows job openings (yellow line), hires (purple), Layoff, Discharges and other (red...
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