- Sales fall as Omicron sets in.
- Regional declines are broad-based.
- Median price nears record.
- USA| Jan 20 2022
U.S. Existing Home Sales Decline in December
by:Tom Moeller
|in:Economy in Brief
- USA| Jan 19 2022
U.S. Mortgage Applications Increase Again
- Purchase applications rise again while refinancing applications fall for third week.
- 30-year mortgage interest rate continues to increase.
by:Tom Moeller
|in:Economy in Brief
- USA| Jan 19 2022
U.S. Housing Starts Are Unexpectedly Strong in December
- Multi-family starts increase while single-family building eases.
- Regional changes are mixed.
- Building permits strengthen.
by:Tom Moeller
|in:Economy in Brief
- USA| Jan 19 2022
U.S. Energy Prices Continued to Rise
- Gasoline prices edged up to highest in five weeks.
- Crude oil prices rose again to highest in nine weeks.
- Natural gas prices soared on top of big increase in the previous week.
by:Sandy Batten
|in:Economy in Brief
- USA| Jan 18 2022
U.S. Empire State Index Weakens in January
- Negative reading is worst since May 2020.
- Component declines include new orders, shipments & employment.
- Prices paid & received indexes weaken.
by:Tom Moeller
|in:Economy in Brief
- USA| Jan 18 2022
U.S. Home Builder Index Slips in January
- Decline reverses December improvement.
- Future sales & traffic fall but current sales hold steady.
- Weakness extends throughout the country except the West.
by:Tom Moeller
|in:Economy in Brief
- USA| Jan 17 2022
FIBER: Industrial Commodity Prices Strengthen
- Crude oil prices rebound.
- Metals prices surge.
- Lumber costs skyrocket.
by:Tom Moeller
|in:Economy in Brief
- USA| Jan 14 2022
U.S. Retail Sales Unexpectedly Tumble at Yearend
- Emergence of Omicron dampens demand & disrupts supply.
- Vehicle sales & gasoline sales ease.
- Online sales plummet.
by:Tom Moeller
|in:Economy in Brief
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