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Dallas Fed: “Texas Manufacturing Activity Falls Sharply” in January

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Dallas Fed: “Texas Manufacturing Activity Falls Sharply” in January

From the Dallas Fed: Texas Manufacturing Activity Falls Sharply Texas factory activity fell sharply in January, according to business executives responding to the Texas Manufacturing Outlook Survey. The production index—a key measure of state manufacturing conditions—dropped 23 points, from 12.7 to -10.2, suggesting output declined this month after growing throughout fourth quarter 2015. Other...
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Homeownership falls to lowest level since 1998

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Homeownership falls to lowest level since 1998

The homeownership rate dropped to 66.4% in the first quarter, the lowest level since 1998, according to the Census Bureau. The rate is down from 67.1% one year ago, and a single basis point dip from the previous quarter. But it has not been this low since the fourth quarter of 1998. Paul Dales,...
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