Economy in Brief: 2018

The Philadelphia Federal Reserve reported that its General Factory Sector Business Conditions Index dipped to 22.2 during October following a rise to 22.9 in September. The latest reading compared to expectations for a greater [...]

The Mortgage Bankers Association reported that its total Mortgage Applications Index fell 7.1% (-23.3% y/y) in the week ending October 12 following a 1.7% fall during the prior week. Purchase loan applications declined 5.9% (-7.8% [...]

New inspection regulations push leads and lags behavior through new car sales trends New car sales in the European Union in September plunged after registrations had ramped up ahead of the introduction of new emissions inspection [...]

Total housing starts fell 5.3% during September to 1.201 million units (AR) from 1.268 million in August, revised from 1.282 million. The decline compared to an estimate of 1.228 million starts in the Action Economics Forecast Survey. [...]

The Bureau of Labor Statistics reported that the total job openings rate during July held steady m/m at a record 4.4%........ The Job Openings & Labor Turnover Survey (JOLTS) survey dates to December 2000 and the figures are available [...]

The scene Financial experts responding in the ZEW economic survey found current conditions weaker just about across the board (the U.S. an exception) with macroeconomic expectations cut everywhere with no exceptions. At the same time, [...]

The Composite Housing Market Index from the National Association of Home Builders-Wells Fargo inched up during October to 68 from an unrevised 67 in September. Despite the gain, the index remained below its December 2017 high of 74. [...]

The Bureau of Labor Statistics reported that the total job openings rate rose to a record 4.6% in August; July was revised higher to 4.5%. The job openings rate is the job openings level as a percent of total employment plus the job [...]