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2 days ago

FOMC Statement: No Change to Fed Funds Rate

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Fed Chair Powell press conference video here or on YouTube here, starting at 2:30 PM ET.

FOMC Statement:
Although swings in net exports have affected the data, recent indicators suggest that econo…

1st Look at Local Housing Markets in April

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Today, in the Calculated Risk Real Estate Newsletter: 1st Look at Local Housing Markets in April

A brief excerpt:
This is the first look at several early reporting local markets in April. I’m tracki…

Wholesale Used Car Prices Increased in April; Up 4.9% Year-over-year

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From Manheim Consulting today: Wholesale Used-Vehicle Prices Increased in April
Wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) were much higher in April compared to M…

MBA: Mortgage Applications Increase in Latest MBA Weekly Survey

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From the MBA: Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 11.0 percent from one week earlier, according to data from the Mortgage Bankers Association’s …

3 days ago

Trade Deficit increased to $140.5 Billion in March

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The Census Bureau and the Bureau of Economic Analysis reported:
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $140.5 billion…

4 days ago

Recession Watch Metrics

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Early in February, I expressed my "increasing concern" about the negative economic impact of "executive / fiscal policy errors", however, I concluded that post by noting that I was not currently on r…

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