Economy in Brief: January 2020

It is as though the CBI conducted its survey in Q4 and in Q1 in two different countries. The R-square linking the percentile standings in Q1 2020 to Q4 2019 has a value of 0.026, indicating that one quarter can explain about 2.5 [...]

The National Association of Realtors (NAR) reported that sales of existing homes during December increased 3.6% (10.8% y/y) to 5.540 million (SAAR) after falling to an unrevised 5.350 million in November. During all of 2019, existing [...]

The Mortgage Bankers Association reported that its Mortgage Loan Index decreased 1.2% in the January 17 week after the prior week's 30.2% jump; the modest fall in the latest week still left it 51.3% above a year ago. Applications to [...]

The Mortgage Bankers Association reported that its Mortgage Loan Index decreased 1.2% in the January 17 week after the prior week's 30.2% jump; the modest fall in the latest week still left it 51.3% above a year ago. Applications to [...]

The Federal Housing Finance Agency (FHFA) Price Index increased 0.2% during November following a 0.4% October gain, revised from 0.2%. The 4.9% y/y increase moderated versus the 6.6% increase for all of 2018. During the last three [...]

• Activity index declines to -0.35 in December. • Three-month average at -0.23 suggests below trend growth for Q4. • Production and income indicators led the decline. The Federal Reserve Bank of Chicago’s National Activity Index [...]

• Activity index declines to -0.35 in December. • Three-month average at -0.23 suggests below trend growth for Q4. • Production and income indicators led the decline. The Federal Reserve Bank of Chicago's National Activity Index [...]

Retail gasoline prices fell to $2.54 per gallon (+12.7% y/y) in the week ended January 20 from $2.57 per gallon in the previous week. Haver Analytics adjusts prices for seasonal variation. The seasonally adjusted gasoline price eased [...]