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Posts Tagged ‘ increase ’

Question #8 for 2020: How much will RI increase in 2020? How about housing starts and new home sales in 2020?

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Question #8 for 2020: How much will RI increase in 2020? How about housing starts and new home sales in 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. 8) Residential Investment: Residential investment (RI) picked up in the second half of 2019, and new home sales were up about 10% in 2019 compared to 2020.  Note: RI is...
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Question #10 for 2020: Will housing inventory increase or decrease in 2020?

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Question #10 for 2020: Will housing inventory increase or decrease in 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. 10) Housing Inventory: Housing inventory decreased in 2019 after increasing in 2018. Will inventory increase or decrease in 2020? Tracking housing inventory is very helpful in understanding the housing market....
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Personal Income increased Slightly in October, Spending increased 0.3%, Core PCE increase 0.1%

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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...
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BLS: Job Openings increase to 7.1 Million in October

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BLS: Job Openings increase to 7.1 Million in October

Notes: In October there were 7.0709 million job openings, and, according to the October Employment report, there were 6.075 million unemployed. So, for the seventh consecutive month, there were more job openings than people unemployed. Also note that the number of job openings has exceeded the number of hires since January 2015 (almost 4...
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Oil Rigs Increase Sharply

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Oil Rigs Increase Sharply

A few comments from Steven Kopits of Princeton Energy Advisors LLC on October 12, 2018: • Oil rigs were up sharply this week, +8 to 869 • Horizontal oil rigs similarly rose, +8 to 772…• This report is deceptively bullish, as ‘Other US’ added 8 horizontal oil rigs, of which perhaps 4-6 are likely...
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Oil Rigs: Increase Slightly

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Oil Rigs: Increase Slightly

A few comments from Steven Kopits of Princeton Energy Advisors LLC on August 31, 2018:”That’s all, folks!” • This week marks a psychological turning point in the oil cycle • Total oil rigs rose, +2 to 862 • But horizontal oil rigs declined, -1 to 765…• Horizontal oil rigs have gone exactly nowhere in...
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MBA: Mortgage Applications Increase in Latest Weekly Survey, Refinance Activity Lowest since 2000

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MBA: Mortgage Applications Increase in Latest Weekly Survey, Refinance Activity Lowest since 2000

From the MBA: Mortgage Applications Increase in Latest MBA Weekly Survey Mortgage applications increased 2.5 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending July 6, 2018. This week’s results included an adjustment for the Fourth of July holiday. … The...
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Weekly Initial Unemployment Claims increase to 231,000

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Weekly Initial Unemployment Claims increase to 231,000

The DOL reported: In the week ending March 3, the advance figure for seasonally adjusted initial claims was 231,000, an increase of 21,000 from the previous week’s unrevised level of 210,000. The 4-week moving average was 222,500, an increase of 2,000 from the previous week’s unrevised average of 220,500. Claims taking procedures in Puerto...
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MBA: Mortgage Applications Increase in Latest Weekly Survey

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MBA: Mortgage Applications Increase in Latest Weekly Survey

From the MBA: Mortgage Applications Increase in Latest MBA Weekly Survey Mortgage applications increased 4.1 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending January 12, 2018. … The Refinance Index increased 4 percent from the previous week. The seasonally adjusted...
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MBA: Mortgage Applications Increase in Latest Weekly Survey

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MBA: Mortgage Applications Increase in Latest Weekly Survey

From the MBA: Mortgage Applications Increase in Latest MBA Weekly Survey Mortgage applications increased 0.4 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending July 21, 2017. … The Refinance Index increased 3 percent from the previous week. The seasonally adjusted...
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