Archive for economic news
Bernanke Successfully Re-Inflating Housing, Unbeknownst To Shiller
Adapted from the Wall Street Examiner. There were two major housing data releases today. One of them is important. The other was a misleading misdirection play, as it usually is. Due to its… Read more
Builder Indexes Down In April, But Trend Is Still Up
The dark and dirty job of pointing out that the NAHB Housing Market Index present conditions index is up 11 points versus last April and traffic is up 5 points falls to me, I guess. The mainstream… Read more
Interpreting The Head-Scratching Unemployment Claims Data
Adapted from The Wall Street Examiner. Actual, not seasonally adjusted, initial unemployment claims totaled 319,349 last week, according to the Department of Labor tabulation of weekly data… Read more
Deconstructing The “Massive Beat” in Employment Data
The headlines are blaring of a massive surge in January employment that blew away analysts expectations. Frankly, I find it hard to believe that any analysts would not have expected this “news.”… Read more
Taking a Closer Look at Mixed Signals
This post is contributed by the Consumer Metrics Institute. For those of us who track the macro-econometric behavior of consumers, the past six or seven months have been (at best) challenging…. Read more
BEA Adjusts Second Quarter GDP Growth Back Upward
This article has been contributed by the Consumer Metrics Institute. The Bureau of Economic Analysis’s (BEA) third estimate of second quarter 2011 U.S. Gross Domestic Product (GDP) was reported to… Read more
Rates Way Down, Apps Way Up… That’s Good, Right?
Last week mortgage applications rose a whopping 21.7% from the previous week according to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey. Great news for the industry… Read more
Consumer Metrics Institute News: August 5, 2011 – Special Update: Daily Growth Index Breaks Positive
Contributed by the Consumer Metrics Institute On August 3, 2011 our Daily Growth Index went into growth territory for the first time in 566 days — ending the longest consecutive string of… Read more
Consumer Metrics Institute Members News: August 2, 2011 – New Index & Housing Data
Visit the Consumer Metrics Institute at their web site to subscribe to these updates and their premium data. Regular visitors to our website may have noticed a couple of new charts residing there…. Read more
BEA Reports 1Q-2011 and “Great Recession” Far Worse Than We Had Been Previously Told
Contributed by the Consumer Metrics Institute Included in the BEA’s first (“Advance”) estimate of second quarter 2011 GDP were significant downward revisions to previously published data, some… Read more
