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November Employment Report: 227 thousand Jobs, 4.2% Unemployment Rate

From the BLS: Employment Situation
Total nonfarm payroll employment rose by 227,000 in November, and the unemployment rate changed little at 4.2 percent, the U.S. Bureau of Labor Statistics reported…

Comments on November Employment Report

The headline jobs number in the November employment report was above expectations, and September payrolls and October payrolls were revised up by 56,000 combined.   The participation rate and the emp…

Wholesale Used Car Prices Increased in November; Up 0.2% Year-over-year

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

1st Look at Local Housing Markets in November; Another Year-over-year Sales Gain in November

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

A brief excerpt:
NOTE: The tables for active listings, new listings and closed sales all include a …

Q4 GDP Tracking: 2.1% to 3.3% Range

From BofA:
Since our last weekly publication, our 3Q GDP tracking estimate has moved up a tenth to 2.9% q/q saar from the second official print of 2.8% q/q saar. Additionally, we initiated our 4Q US …

December 6th COVID Update: Weekly COVID Deaths Continue to Decline

Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios.

For deaths, I'm currently using 4 weeks ago for "now", since the most recent three weeks will be revised signific…

Schedule for Week of December 8, 2024

The key economic report this week is November CPI.

----- Monday, December 9th -----
No major economic releases scheduled.

----- Tuesday, December 10th -----
6:00 AM: NFIB Small Business Optimis…

Real Estate Newsletter Articles this Week: Inflation Adjusted House Prices 1.4% Below 2022 Peak

At the Calculated Risk Real Estate Newsletter this week:

Click on graph for larger image.

• Inflation Adjusted House Prices 1.4% Below 2022 Peak

• 1st Look at Local Housing Markets in November

• …

CoreLogic: Almost 1 million Homeowners with Negative Equity in Q3 2024

From CoreLogic: CoreLogic: US Homeowners See Equity Gains Drop by More Than 5 Percent in Q3
CoreLogic® ... today released the Homeowner Equity Report (HER) for the third quarter of 2024. The report …

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