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Posts Tagged ‘ Slowdown ’

Zillow Forecast on Case-Shiller Index: “Expect a (Very) Modest Slowdown” in November

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Zillow Forecast on Case-Shiller Index: “Expect a (Very) Modest Slowdown” in November

The Case-Shiller house price indexes for October were released this morning. Zillow forecasts Case-Shiller a month early, and I like to check the Zillow forecasts since they have been pretty close. From Zillow: November Case-Shiller Forecast: Expect a (Very) Modest Slowdown After several months in a row of accelerating growth in U.S. home prices, the...
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FOMC Statement: Slowdown “in part reflecting transitory factors”

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FOMC Statement: Slowdown “in part reflecting transitory factors”

I was out, but no surprises. FOMC Statement: Information received since the Federal Open Market Committee met in March suggests that economic growth slowed during the winter months, in part reflecting transitory factors. The pace of job gains moderated, and the unemployment rate remained steady. A range of labor market indicators suggests that underutilization...
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Lawler on Homebuilders: Rising mortgage rates, Higher home prices, Resulted in a material slowdown in net home orders last quarter

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Lawler on Homebuilders: Rising mortgage rates, Higher home prices, Resulted in a material slowdown in net home orders last quarter

Some comments from housing economist Tom Lawler: • PulteGroup, the nation’s second largest home builder, reported that net home orders in the quarter ended September 30, 2013 totaled 3,781, down 16.8% from the comparable quarter of 2012. The company’s community count at the end of last quarter was down 15% from a year ago....
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Economic Slowdown: Temporary or Something Worse?

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Economic Slowdown: Temporary or Something Worse?

I’ll have some thoughts on this topic in the next few days, but here are a couple of articles with differing views. From David Leonhardt at the NY TimesThe Economy Is Wavering. Does Washington Notice? The latest economic numbers have not been good. … Macroeconomic Advisers … tries to estimate the growth rate of...
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