The Curious Engineer

Calculated Risk

2016

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2016 1,387

December 2016

  1. Schedule for Week of Jan 1, 2017
  2. "Mortgage Rates Slightly Lower to End 2016"
  3. A few Graphs for 2016
  4. Chicago PMI decreases in December
  5. Fannie Mae: Mortgage Serious Delinquency rate increased in November
  6. Freddie Mac: Mortgage Serious Delinquency rate unchanged in November
  7. Weekly Initial Unemployment Claims decrease to 265,000
  8. Duy: Is The Fed About To Experience A Repeat of 2016?
  9. Question #8 for 2017: How much will Residential Investment increase?
  10. NAR: Pending Home Sales Index decreased 2.5% in November, down 0.4% year-over-year
  11. Zillow Forecast on Case-Shiller Index: "Expect a (Very) Modest Slowdown" in November
  12. Question #9 for 2017: What will happen with house prices in 2017?
  13. Real Prices and Price-to-Rent Ratio in October
  14. Case-Shiller: National House Price Index increased 5.6% year-over-year in October
  15. Question #10 for 2017: Will housing inventory increase or decrease in 2017?
  16. Ten Economic Questions for 2017
  17. Vehicle Sales Forecast: Sales Over 17 Million SAAR Again in December, On Track for Record Year in 2016
  18. Happy Holidays!
  19. Schedule for Week of Dec 25, 2016
  20. Lawler: Table of Distressed Sales and All Cash Sales for Selected Cities in November
  21. Review: Ten Economic Questions for 2016
  22. A few Comments on November New Home Sales
  23. New Home Sales increase to 592,000 Annual Rate in November
  24. Friday: New Home Sales
  25. Black Knight: Annual improvement in mortgage delinquency rates is beginning to slow as market "normalizes"
  26. Kansas City Fed: Regional Manufacturing Activity "Improved Considerably" in December
  27. Personal Income increased slightly in November, Spending increased 0.2%
  28. Q3 GDP Revised Up to 3.5% Annual Rate
  29. Weekly Initial Unemployment Claims increase to 275,000
  30. Thursday: Unemployment Claims, GDP, Durable Goods, Personal Income and Outlays and More
  31. Philly Fed: State Coincident Indexes increased in 43 states in November
  32. A Few Comments on November Existing Home Sales
  33. AIA: Architecture Billings Index indicates "small gain" in November
  34. Existing Home Sales increased in November to 5.61 million SAAR
  35. MBA: Mortgage Applications Increase in Latest Weekly Survey
  36. Wednesday: Existing Home Sales
  37. CoreLogic: "Mortgage loans originated in Q3 continued to exhibit low credit risk"
  38. Chemical Activity Barometer "Ends Year on Strong Note"
  39. Hamilton on the Fed: "Back to normal?"
  40. "Rates Stay Near Highs Despite Market Improvement"
  41. Yellen: "Strongest job market in nearly a decade"
  42. LA area Port Traffic increases Year-over-year in November
  43. Sunday Night Futures
  44. Hotels: Strong Finish to 2016, Could be Best Year Ever
  45. Schedule for Week of Dec 18, 2016
  46. Lawler: Early Look at Existing Home Sales in November
  47. Comments on November Housing Starts
  48. BLS: Unemployment Rates Lower in 18 states, Stable in 32 states in November
  49. Housing Starts decreased to 1.090 Million Annual Rate in November
  50. Friday: Housing Starts
  51. Larry Kudlow is usually wrong
  52. Key Measures Show Inflation close to 2% in November
  53. NAHB: Builder Confidence increased to 70 in December
  54. NY and Philly Fed Manufacturing Expand in December
  55. Weekly Initial Unemployment Claims decrease to 254,000
  56. Thursday: CPI, Unemployment Claims, NY and Philly Mfg Surveys
  57. Quick FOMC Analysis
  58. FOMC Projections and Press Conference Link
  59. FOMC Statement: 25bps Rate Hike
  60. Sacramento Housing in November: Sales up 19%, Active Inventory down 4.8% YoY
  61. Industrial Production declined 0.4% in November
  62. Retail Sales increased 0.1% in November
  63. MBA: Mortgage Applications Decrease in Latest Weekly Survey
  64. Wednesday: FOMC Announcement Retail Sales, PPI, Industrial Production
  65. Las Vegas: On Pace for Record Visitor Traffic and Convention Attendance in 2016
  66. Mortgage Equity Withdrawal Positive in Q3
  67. NFIB: Small Business Optimism Index increases in November
  68. Duy: December FOMC Preview
  69. Update: Prime Working-Age Population Growing Again, Near Previous Peak
  70. Update: Framing Lumber Prices Up Year-over-year
  71. Hotels: Close to Record Year for Occupancy
  72. Sunday Night Futures: Oil Prices up Sharply
  73. Review of FOMC Projections
  74. Schedule for Week of Dec 11, 2016
  75. Merrill: FOMC Preview
  76. Goldman: FOMC Preview
  77. Nomura: FOMC Preview
  78. Fed's Flow of Funds: Household Net Worth increased in Q3
  79. Preliminary November Consumer Sentiment increases to 98.0
  80. Friday: Flow of Funds
  81. Goldman: Fiscal Boost: Mainly a 2018 Story
  82. Animal Spirits and Business Confidence
  83. CoreLogic: 384,000 borrowers moved out of negative equity in Q3
  84. Weekly Initial Unemployment Claims decrease to 258,000
  85. Thursday: Unemployment Claims
  86. Annual Employment Gains some early thoughts on 2017
  87. Las Vegas Real Estate in November: Sales up 30% YoY, Inventory down Sharply
  88. BLS: Job Openings "little changed" in October
  89. MBA: Mortgage Applications Decrease in Latest Weekly Survey
  90. Wednesday: Job Openings
  91. Phoenix Real Estate in November: Sales up 30%, Inventory down 2%
  92. EIA: "Retail gasoline prices are forecast to average $2.30/gal in 2017"
  93. CoreLogic: House Prices up 6.7% Year-over-year in October
  94. Trade Deficit at $42.6 Billion in October
  95. Tuesday: Trade Deficit
  96. A few comments on the Seasonal Pattern for House Prices
  97. 2017 Housing Forecasts
  98. ISM Non-Manufacturing Index increased to 57.2% in November
  99. Black Knight October Mortgage Monitor
  100. Sunday Night Futures
  101. Poor Gretchen on Fannie and Freddie
  102. Schedule for Week of Dec 4, 2016
  103. Brad Hunter: The 2017 Housing Market Forecast
  104. Zillow Forecast: Expect Case-Shiller Index to "continue to accelerate" in October
  105. Public and Private Sector Payroll Jobs: Carter, Reagan, Bush, Clinton, Bush, Obama
  106. Comments: Solid November Employment Report, Sharp Drop in Unemployment Rate
  107. November Employment Report: 178,000 Jobs, 4.6% Unemployment Rate
  108. November Employment Preview
  109. U.S. Light Vehicle Sales decrease to 17.75 million annual rate in November
  110. Goldman's November NFP Preview
  111. Construction Spending increased in October
  112. ISM Manufacturing index increased to 53.2 in November
  113. Weekly Initial Unemployment Claims increase to 268,000
  114. Thursday: ISM Mfg, Auto sales, Unemployment claims, Construction Spending

November 2016

  1. Fannie Mae: Mortgage Serious Delinquency rate declined in October
  2. Fed's Beige Book: Modest to moderate expansion, Tightening labor market
  3. NY Fed: Household Debt Increased Slightly in Q3 2016, Mortgage Delinquency Rates Declined
  4. NAR: Pending Home Sales Index increased 0.1% in October, up 1.8% year-over-year
  5. Personal Income increased 0.6% in October, Spending increased 0.3%
  6. ADP: Private Employment increased 216,000 in November
  7. MBA: Mortgage Refinance Activity Declines 16 Percent in Latest Weekly Survey
  8. Wednesday: ADP Employment, Personal Income and Outlays, Pending Home Sales, Beige Book, and More
  9. Freddie Mac: Mortgage Serious Delinquency rate increased slightly in October
  10. FDIC: Fewer Problem banks, Residential REO Declined in Q3
  11. Real Prices and Price-to-Rent Ratio in September
  12. Case-Shiller: National House Price Index increased 5.5% year-over-year in September
  13. Q3 GDP Revised Up to 3.2% Annual Rate
  14. Black Knight: Mortgage "Foreclosure Starts Hit Lowest Level Since January 2005" in October
  15. Tuesday: GDP, Case-Shiller House Prices
  16. Possible Policy Impacts on Housing
  17. Hotels: Finishing Year Strong, Could be Best Year on Record
  18. Dallas Fed: Regional Manufacturing Activity "Continues to Expand" in November
  19. Black Knight: House Price Index up 0.1% in September, Up 5.4% year-over-year
  20. Sunday Night Futures
  21. November NFP Forecasts
  22. November 2016: Unofficial Problem Bank list unchanged at 173 Institutions
  23. Schedule for Week of Nov 27, 2016
  24. FHFA increases Conforming Loan Limits
  25. First Look: 2017 Housing Forecasts
  26. Five Economic Reasons to be Thankful
  27. Lawler: Table of Distressed Sales and All Cash Sales for Selected Cities in October
  28. FOMC Minutes: "Appropriate to raise the target range for the federal funds rate relatively soon"
  29. A few Comments on October New Home Sales
  30. New Home Sales at 563,000 Annual Rate in October
  31. Weekly Initial Unemployment Claims increase to 251,000
  32. MBA: Mortgage "Purchase Applications Drive Increase in Latest Weekly Survey "
  33. Wednesday: New Home Sales, Unemployment Claims, FOMC Minutes, and More
  34. Chemical Activity Barometer "Continues Strong Performance" in November
  35. A Few Comments on October Existing Home Sales
  36. Existing Home Sales increased in October to 5.60 million SAAR
  37. Tuesday: Existing Home Sales
  38. Quarterly Housing Starts by Intent
  39. Vehicle Sales Forecast: Sales Over 17 Million SAAR Again in November, Possible Record Year in 2016
  40. Chicago Fed "Economic Growth Increased Slightly in October"
  41. Sunday Night Futures
  42. Some early Thoughts on the Impact of the Trump Economic Policies
  43. Goldman: "2017 Outlook: Under New Management"
  44. Schedule for Week of Nov 20, 2016
  45. Mortgage "Rates Rip to Highest Levels Since July 2015"
  46. Sacramento Housing in October: Sales up 4%, Active Inventory down 7.6% YoY
  47. Kansas City Fed: Regional Manufacturing Activity "Expanded Slightly" in November
  48. BLS: Unemployment Rates Lower in 7 states, Stable in 41 states in October
  49. Lawler: Early Read on Existing Home Sales in October
  50. Goldman: "Market expectations of quick fiscal expansion may be running ahead of political and legislative realities"
  51. Comments on October Housing Starts
  52. Key Measures Show Inflation close to 2% in October
  53. Yellen: Rate Hike "appropriate relatively soon"
  54. Weekly Initial Unemployment Claims decrease to 235,000, Lowest since 1973
  55. Housing Starts increased to 1.323 Million Annual Rate in October
  56. Thursday: Housing Starts, CPI, Yellen, Unemployment Claims
  57. Earlier: Industrial Production unchanged in October
  58. AIA: Architecture Billings Index increases in October
  59. NAHB: Builder Confidence at 63 in November
  60. MBA: "Mortgage Applications Decrease in Latest MBA Weekly Survey"
  61. Today is Tanta's Birthday! Wednesday: PPI, Industrial Production, Homebuilder Survey
  62. FNC: Residential Property Values increased 6.0% year-over-year in September
  63. The Cupboard is Full
  64. NY Fed: November "General business conditions index climbed eight points to 1.5"
  65. Retail Sales increased 0.8% in October
  66. Tuesday: Retail Sales
  67. Update: U.S. Heavy Truck Sales Slump Over?
  68. Mortgage Rates and Ten Year Yield, Expect 4% Mortgage Rates
  69. Update: Real Estate Agent Boom and Bust
  70. Sunday Night Futures
  71. Goldman: "Economic Implications of the Trump Agenda"
  72. Schedule for Week of Nov 13, 2016
  73. Hotels: Occupancy Rate on Track to be 2nd Best Year
  74. Preliminary November Consumer Sentiment increases to 91.6
  75. Update: Prime Working-Age Population Growing Again
  76. Off-topic: Acceptance and Response
  77. Merrill on October Retail Sales
  78. MBA: Mortgage Delinquencies and Foreclosures Decrease in Q3
  79. Weekly Initial Unemployment Claims decrease to 254,000
  80. Thursday: Unemployment Claims
  81. The Future is still Bright!
  82. Leading Index for Commercial Real Estate "moves higher" in October
  83. Phoenix Real Estate in October: Sales up 13%, Inventory up 1% YoY
  84. MBA: "Mortgage Applications Decrease in Latest MBA Weekly Survey"
  85. Lawler: Selected Operating Statistics from Large Publicly Traded Home Builders
  86. Las Vegas Real Estate in October: Sales up 5.5% YoY, Inventory down Sharply
  87. BLS: Job Openings increased slightly in September
  88. NFIB: Small Business Optimism Index increases in October
  89. Tuesday: Election Day, Job Openings
  90. Fed Letter: "Has the Fed Fallen behind the Curve This Year?"
  91. Fed Survey: "Banks reported stronger demand for most categories of RRE home-purchase loans"
  92. Update: Framing Lumber Prices Up Year-over-year
  93. Black Knight September Mortgage Monitor
  94. Sunday Night Futures
  95. NAHB: Builder Confidence increases for the 55+ Housing Market in Q3
  96. Schedule for Week of Nov 6, 2016
  97. Public and Private Sector Payroll Jobs: Carter, Reagan, Bush, Clinton, Bush, Obama
  98. Trade Deficit at $36.4 Billion in September
  99. Comments: Solid October Employment Report, Pickup in Wage Growth
  100. October Employment Report: 161,000 Jobs, 4.9% Unemployment Rate
  101. Friday: Employment Report, Trade Deficit
  102. October Employment Preview
  103. Fannie and Freddie: REO inventory declined in Q3, Down 31% Year-over-year
  104. ISM Non-Manufacturing Index declined to 54.8% in October
  105. Weekly Initial Unemployment Claims increase to 265,000
  106. Thursday: Unemployment Claims, ISM non-Mfg Index
  107. FOMC Statement: No Change to Policy
  108. Update: The Endless Parade of Recession Calls
  109. ADP: Private Employment increased 147,000 in October
  110. MBA: "Mortgage Applications Decrease in Latest MBA Weekly Survey"
  111. Wednesday: FOMC Announcement, ADP Employment
  112. U.S. Light Vehicle Sales increase to 17.9 million annual rate in October
  113. Construction Spending declined in September
  114. ISM Manufacturing index increased to 51.9 in October
  115. CoreLogic: House Prices up 6.3% Year-over-year in September

October 2016

  1. Tuesday: ISM Mfg, Construction Spending, Vehicle Sales
  2. Q3 2016 GDP Details on Residential and Commercial Real Estate
  3. Dallas Fed: Regional Manufacturing Activity Increases in October
  4. Black Knight: House Price Index up 0.3% in August, Up 5.3% year-over-year
  5. Personal Income increased 0.3% in September, Spending increased 0.5%
  6. Sunday Night Futures: Gasoline Prices up Slightly Year-over-year
  7. "How do I protect myself if Trump is elected?"
  8. October 2016: Unofficial Problem Bank list declines to 173 Institutions
  9. Schedule for Week of Oct 30, 2016
  10. Fannie Mae: Mortgage Serious Delinquency rate unchanged in September
  11. Q3 GDP: Investment
  12. Goldman: FOMC Preview
  13. October Consumer Sentiment declines to 87.2
  14. BEA: Real GDP increased at 2.9% Annualized Rate in Q3
  15. Friday: GDP
  16. Freddie Mac: Mortgage Serious Delinquency rate declined slightly in September, Lowest since July 2008
  17. HVS: Q3 2016 Homeownership and Vacancy Rates
  18. Kansas City Fed: Regional Manufacturing Activity "Expanded Moderately" in October
  19. NAR: Pending Home Sales Index increased 1.5% in September, up 2.4% year-over-year
  20. Weekly Initial Unemployment Claims decrease to 258,000
  21. Thursday: Durable Goods, Unemployment Claims, Pending Home Sales and More
  22. Philly Fed: State Coincident Indexes increased in 36 states in September
  23. Zillow Forecast: Expect "Modest Acceleration" in YoY Growth in September for the Case-Shiller Indexes
  24. A few Comments on September New Home Sales
  25. New Home Sales at 593,000 Annual Rate in September
  26. MBA: "Mortgage Applications Decrease in Latest MBA Weekly Survey"
  27. Wednesday: New Home Sales
  28. Chemical Activity Barometer indicated Solid Growth in October
  29. Real Prices and Price-to-Rent Ratio in August
  30. Case-Shiller: National House Price Index increased 5.3% year-over-year in August
  31. Black Knight: Mortgage "Foreclosure Rate Falls to Nine-Year Low" in September
  32. Lawler: Table of Distressed Sales and All Cash Sales for Selected Cities in September
  33. DOT: Vehicle Miles Driven increased 3.4% year-over-year in August
  34. WSJ: "Retailers Rushed to Hire for Holidays"
  35. Chicago Fed "Economic Growth Picked Up in September"
  36. Sunday Night Futures
  37. Vehicle Sales Forecasts: Sales Over 17 Million SAAR Again in October
  38. Schedule for Week of Oct 23, 2016
  39. "The Structural Factors Behind the Steady Fall in Labor Force Participation Rates of Prime Age Workers"
  40. Q3 GDP Forecasts
  41. BLS: Unemployment Rates stable in 42 states in September
  42. "Labor force participation: what has happened since the peak?"
  43. NMHC: Apartment Market Tightness Index remained negative in October Survey
  44. A Few Comments on September Existing Home Sales
  45. Existing Home Sales increased in September to 5.47 million SAAR
  46. Weekly Initial Unemployment Claims increase to 260,000
  47. Thursday: Existing Home Sales, Unemployment Claims, Philly Fed Mfg
  48. Fed's Beige Book: "Most Districts indicated a modest or moderate pace of expansion"
  49. AIA: Architecture Billings Index declines in September
  50. Comments on September Housing Starts
  51. Housing Starts decreased to 1.047 Million Annual Rate in September
  52. MBA: "Mortgage Applications Slightly Increase in Latest Weekly Survey"
  53. Wednesday: Housing Starts, Beige Book, 3rd Presidential Debate
  54. FNC: Residential Property Values increased 5.7% year-over-year in August
  55. Key Measures Show Inflation close to 2% in September
  56. NAHB: Builder Confidence at 63 in October
  57. Cost of Living Adjustment increases 0.3% in 2017, Contribution Base increased to $127,200
  58. CPI increased 0.3% in September
  59. Tuesday: CPI, Homebuilder Confidence
  60. Lawler: Early Read on Existing Home Sales in September
  61. Hotels: Occupancy Rate on Track to be 2nd Best Year
  62. Fed: Industrial Production increased 0.1% in September
  63. NY Fed: October "General business conditions index slipped five points to -6.8"
  64. Sunday Night Futures
  65. LA area Port Traffic: Exports up Year-over-year in September
  66. Schedule for Week of Oct 16, 2016
  67. Q3 GDP Forecasts
  68. Sacramento Housing in September: Sales up 3%, Active Inventory down 3.5% YoY
  69. Preliminary October Consumer Sentiment declines to 87.9
  70. Retail Sales increased 0.6% in September
  71. Friday: Retail Sales, PPI, Yellen
  72. Merrill on September CPI
  73. A Recession in the Next Four Years?
  74. Weekly Initial Unemployment Claims at 246,000, 4-Week Average Lowest Since 1973
  75. Mortgage Rates at 4-Month Highs
  76. FOMC Minutes: "Could be greater scope for economic growth without putting undue pressure on labor markets"
  77. BLS: Job Openings decreased in August
  78. MBA: "Mortgage Applications Decrease in Latest Weekly Survey"
  79. Wednesday: Job Openings, FOMC Minutes
  80. Fed Economic Letter: "What Is the New Normal for U.S. Growth?"
  81. Demographics: Renting vs. Owning
  82. Update: Framing Lumber Prices Up Year-over-year
  83. NFIB: Small Business Optimism Index "dips" in September
  84. Duy: Jobs Data Keeps Hawks Sidelined
  85. Off-Topic: Litmus Test Moments and the Debate
  86. Q3 Review: Ten Economic Questions for 2016
  87. Sunday Night Futures
  88. Hotels: Occupancy Rate on Track to be 2nd Best Year
  89. Schedule for Week of Oct 9, 2016
  90. Leading Index for Commercial Real Estate "stumbles" in September
  91. Public and Private Sector Payroll Jobs: Carter, Reagan, Bush, Clinton, Bush, Obama
  92. Las Vegas Real Estate in September: Sales up 8% YoY, Inventory down 18%
  93. Employment Comments: Another Decent Report
  94. September Employment Report: 156,000 Jobs, 5.0% Unemployment Rate
  95. Friday: Jobs
  96. Phoenix Real Estate in September: Sales up 6%, Inventory up 3% YoY
  97. Goldman's September NFP Preview
  98. Hurricanes and Weekly Unemployment Claims
  99. Weekly Initial Unemployment Claims decline to 249,000, 4-Week Average Lowest Since 1973
  100. Preview of September Employment Report
  101. Reis: Regional Mall Vacancy Rate decreased in Q3 2016, Strip Mall Vacancy Rate increased
  102. ISM Non-Manufacturing Index increased sharply to 57.1% in September
  103. Trade Deficit at $40.7 Billion in August
  104. ADP: Private Employment increased 154,000 in September
  105. MBA: "Mortgage Applications Increase in Latest Weekly Survey"
  106. Wednesday: Trade Deficit, ADP Employment, ISM non-Mfg Index
  107. Fed: Q2 Household Debt Service Ratio Very Low
  108. Reis: Apartment Vacancy Rate unchanged in Q3 at 4.4%
  109. CoreLogic: House Prices up 6.2% Year-over-year in August
  110. U.S. Light Vehicle Sales increase to 17.7 million annual rate in September
  111. Construction Spending declined in August
  112. Reis: Office Vacancy Rate unchanged in Q3 at 16.0%
  113. ISM Manufacturing index increased to 51.5 in September
  114. Black Knight August Mortgage Monitor: "Purchase Lending Highest Since 2007"
  115. Monday: ISM Mfg, Construction Spending, Auto Sales
  116. SNL on The Debate
  117. September 2016: Unofficial Problem Bank list declines to 177 Institutions, Q3 2016 Transition Matrix
  118. Schedule for Week of Oct 2, 2016

September 2016

  1. Mortgage Rates "Near All Time Lows"
  2. Restaurant Performance Index decreased in August
  3. Chicago PMI increase in September, Final Sept Consumer Sentiment at 91.2
  4. Personal Income increased 0.2% in August, Spending increased less than 0.1%
  5. Friday: Personal Income, Chicago PMI, Consumer Sentiment
  6. Fannie Mae: Mortgage Serious Delinquency rate declined in August, Lowest since April 2008
  7. Zillow Forecast: Expect Similar YoY Growth in August for the Case-Shiller Indexes
  8. NAR: Pending Home Sales Index decreased 2.4% in August, down 0.2% year-over-year
  9. Weekly Initial Unemployment Claims at 254,000
  10. Q2 GDP Revised Up to 1.4% Annual Rate
  11. Thursday: GDP, Unemployment Claims, Pending Home Sales
  12. Freddie Mac: Mortgage Serious Delinquency rate declined in August, Lowest since July 2008
  13. OPEC Agrees to Cut Oil Output
  14. Update on "Peak Renter"
  15. ATA Trucking Index increased Sharply in August
  16. MBA: "Mortgage Applications Decrease in Latest Weekly Survey"
  17. Lawler: Renter Share of Single-Family Market Declined Slightly in 2015
  18. Chemical Activity Barometer indicated "Solid Growth in September"
  19. Real Prices and Price-to-Rent Ratio in July
  20. Richmond Fed: Regional Manufacturing Activity "Still Soft" in September
  21. Case-Shiller: National House Price Index increased 5.1% year-over-year in July
  22. Tuesday: Case-Shiller House Prices
  23. Duy on the Fed: "December Looking Good. But ..."
  24. A few Comments on August New Home Sales
  25. New Home Sales decreased to 609,000 Annual Rate in August
  26. Black Knight: House Price Index up 0.4% in July, Up 5.3% year-over-year
  27. Monday: New Home Sales, Presidential Debate
  28. Vehicle Sales Forecast: Sales to Rebound in September
  29. Schedule for Week of Sept 25, 2016
  30. FDIC Closes Bank in Arkansas; Fifth Failed Bank of 2016
  31. Philly Fed: State Coincident Indexes increased in 39 states in August
  32. Unemployment and Wages: "A Dirty Little Secret"
  33. Lawler: Table of Distressed Sales and All Cash Sales for Selected Cities in August
  34. Lawler on August Existing Home Sales
  35. FHFA: House Price Index Up 0.5 Percent in July
  36. Kansas City Fed: Regional Manufacturing Activity "Rebounded Moderately" in September
  37. A Few Comments on August Existing Home Sales
  38. Existing Home Sales decreased in August to 5.33 million SAAR
  39. Weekly Initial Unemployment Claims decreased to 252,000
  40. Black Knight: Mortgage Delinquencies declined in August
  41. Merrill: "Fed signals December hike"
  42. FOMC Projections and Press Conference Link
  43. FOMC Statement: No Change to Policy, "The case for an increase in the federal funds rate has strengthened"
  44. AIA: Architecture Billings Index declines in August
  45. MBA: "Mortgage Applications Decrease in Latest Weekly Survey"
  46. Wednesday: FOMC Announcement
  47. Look Back: In 2006 I predicted House Prices would fall 40%+ in the Bay Area
  48. Comments on August Housing Starts
  49. BLS: Unemployment Rates stable in 41 states in August
  50. Housing Starts decreased to 1.142 Million Annual Rate in August
  51. Tuesday: Housing Starts
  52. Kolko: "Unpacking the Jump In Median Household Income"
  53. NAHB: Builder Confidence increases to 65 in September
  54. Hotels: "Demand Growth Slows, Supply Growth Increases"
  55. Sunday Night Futures
  56. Preview: Existing Home Sales
  57. Schedule for Week of Sept 18, 2016
  58. Lawler: Early Read on Existing Home Sales in August
  59. Mortgage Equity Withdrawal Slightly Positive in Q2
  60. Fed's Flow of Funds: Household Net Worth increased in Q2
  61. Key Measures Show Inflation close to 2% in August
  62. Early Look at 2017 Cost-Of-Living Adjustments and Maximum Contribution Base
  63. CPI increased 0.2% in August, Core CPI up 2.3% YoY
  64. Friday: CPI, Flow of Funds
  65. LA area Port Traffic: Exports Increased in August
  66. FNC: Residential Property Values increased 5.4% year-over-year in July
  67. CoreLogic: "548,000 US Homeowners Regained Equity in the Second Quarter of 2016"
  68. Fed: Industrial Production decreased 0.4% in August
  69. Retail Sales decreased 0.3% in August
  70. Weekly Initial Unemployment Claims increased to 260,000
  71. Thursday: Retail Sales, Industrial Production, Unemployment Claims and More
  72. Review of FOMC Projections
  73. Las Vegas: On Pace for Record Visitor Traffic and Convention Attendance in 2016
  74. MBA: "Mortgage Applications Increase in Latest Weekly Survey"
  75. Mortgage Rates "Pushing into Post-Brexit Highs"
  76. House Prices to Median Household Income
  77. NFIB: Small Business Optimism Index decreased Slightly in August
  78. Hilsenrath: Fed "Inclined to Stand Pat"
  79. Why Do Business Channels Ask former Executives about Economic Policy?
  80. WTI Oil Prices Mostly Unchanged Year-over-year, Little Drag on Inflation
  81. Fed Governor Lael Brainard: "Asymmetry in risk ... counsels prudence in the removal of policy accommodation"
  82. Update: U.S. Heavy Truck Sales Slump Continues
  83. Sunday Night Futures
  84. Sacramento Housing in August: Sales up 8%, Active Inventory down 2% YoY
  85. Schedule for Week of Sept 11, 2016
  86. Leading Index for Commercial Real Estate shows gain in August
  87. When are people with Foreclosures and Short Sales eligible to borrow again?
  88. Q3 GDP Forecasts
  89. Update: Framing Lumber Prices Up Year-over-year
  90. "Most lenders continue to offer 30yr fixed quotes around 3.375% on top tier scenarios"
  91. EIA: "The average pump price for December is on track to be the lowest for the month in eight years"
  92. Las Vegas Real Estate in August: Sales up 10% YoY, Inventory down 15%
  93. Weekly Initial Unemployment Claims decreased to 259,000
  94. Thursday: Unemployment Claims
  95. Phoenix Real Estate in August: Sales up 14%, Inventory up 3% YoY
  96. Fed's Beige Book: "Upward wage pressures increased and were moderate on balance"
  97. Employment: Preliminary annual benchmark revision shows downward adjustment of 150,000 jobs
  98. BLS: Job Openings increased in July to Record High
  99. MBA: "Mortgage Applications Increase Slightly in Latest Weekly Survey"
  100. Wednesday: JOLTS, Beige Book, Preliminary Annual Employment Benchmark Revision
  101. My interview with Barry Ritholtz
  102. ISM Non-Manufacturing Index decreased to 51.4% in August
  103. CoreLogic: House Prices up 6.0% Year-over-year in July
  104. Black Knight July Mortgage Monitor: "Purchase Lending Highest Since 2007"
  105. Tuesday: ISM non-Mfg Index
  106. August Employment Revisions
  107. Sunday Night: Happy Labor Day!
  108. Update: Prime Working-Age Population Growing Again
  109. Schedule for Week of Sept 4, 2016
  110. Hotels: Occupancy Rate on Track to be 2nd Best Year
  111. Public and Private Sector Payroll Jobs: Carter, Reagan, Bush, Clinton, Bush, Obama
  112. Trade Deficit at $39.5 Billion in July
  113. Employment Comments: A Decent Report
  114. August Employment Report: 151,000 Jobs, 4.9% Unemployment Rate
  115. Friday: Jobs, Trade Deficit
  116. Goldman's August NFP Preview
  117. U.S. Light Vehicle Sales decrease to 16.9 million annual rate in August
  118. Construction Spending unchanged in July
  119. ISM Manufacturing index decreased to 49.4 in August
  120. Weekly Initial Unemployment Claims increased to 263,000

August 2016

  1. Thursday: Unemployment Claims, ISM Mfg Index, Construction Spending, Auto Sales
  2. Restaurant Performance Index increased slightly in July
  3. NAR: Pending Home Sales Index increased 1.3% in July, up 1.4% year-over-year
  4. ADP: Private Employment increased 177,000 in August
  5. MBA: "Mortgage Applications Increase in Latest Weekly Survey"
  6. Wednesday: ADP employment, Pending Home Sales, Chicago PMI
  7. Fannie Mae: Mortgage Serious Delinquency rate declined in July, Lowest since May 2008
  8. FDIC: Fewer Problem banks, Residential REO Declined in Q2
  9. Real Prices and Price-to-Rent Ratio in June
  10. Case-Shiller: National House Price Index increased 5.1% year-over-year in June
  11. Tuesday: Case-Shiller House Prices
  12. Lawler: Table of Distressed Sales and All Cash Sales for Selected Cities in July
  13. Black Knight: House Price Index up 0.8% in June, Up 5.3% year-over-year
  14. Dallas Fed: Regional Manufacturing Activity Increases in August
  15. Personal Income increased 0.4% in July, Spending increased 0.3%
  16. Monday: Personal Income and Outlays
  17. Freddie Mac: Mortgage Serious Delinquency rate unchanged in July
  18. Schedule for Week of Aug 28, 2016
  19. August 2016: Unofficial Problem Bank list declines to 184 Institutions
  20. Vehicle Sales Forecast: Sales to Weaken in August, Still Around 17 Million SAAR
  21. Comments on Home Sales in July
  22. Yellen: "Case for an increase in the federal funds rate has strengthened"
  23. Q2 GDP Revised Down to 1.1% Annual Rate
  24. Friday: Yellen, GDP
  25. Back in Town, Earlier: Weekly Initial Unemployment Claims decreased to 262,000
  26. Thursday: Travel Day
  27. Existing Home Sales decline in July to 5.39 million SAAR
  28. MBA: "Mortgage Applications Decrease in Latest Weekly Survey"
  29. Wednesday: Existing Home Sales
  30. Chemical Activity Barometer "Suggests Accelerated Business Activity"
  31. New Home Sales increased to 654,000 Annual Rate in July, Highest since October 2007
  32. Tuesday: New Home Sales, Richmond Fed Manufacturing Survey
  33. Black Knight's First Look at July Mortgage Data
  34. Sunday Night Futures
  35. Horizontal Rig Counts increase slightly
  36. Schedule for Week of Aug 21, 2016
  37. 2007: Tanta Changed the Blogging World
  38. From 2007 and 2008: The Compleat UberNerd
  39. December 2006: Tanta joined CR!
  40. Friday: Travel Day
  41. LA area Port Traffic Mostly Unchanged in July
  42. Earlier: Philly Fed Manufacturing Survey showed Weak Growth in August
  43. Zillow: Negative Equity Rate declined in Q2 2016
  44. Weekly Initial Unemployment Claims decreased to 262,000
  45. Thursday: Unemployment Claims, Philly Fed Mfg Survey
  46. FOMC Minutes: "Near-term risks to the domestic outlook had diminished"
  47. AIA: Architecture Billings Index "moderates slightly, remains positive" in July
  48. Sacramento Housing in July: Sales down 7%, Active Inventory down 10% YoY
  49. MBA: "Mortgage Applications Decrease in Latest Weekly Survey"
  50. Comments on July Housing Starts
  51. Lawler: Early Read on Existing Home Sales in July
  52. Key Measures Show Inflation close to 2% in July
  53. Early Look at 2017 Cost-Of-Living Adjustments and Maximum Contribution Base
  54. Fed: Industrial Production increased 0.7% in July
  55. Housing Starts increased to 1.211 Million Annual Rate in July
  56. Tuesday: Housing Starts, CPI, Industrial Production
  57. Update: Predicting the Next Recession
  58. FNC: Residential Property Values increased 4.8% year-over-year in June
  59. NAHB: Builder Confidence increases to 60 in August
  60. NY Fed: August "General business conditions index fell five points to -4.2"
  61. WTI Oil Prices UP Year-over-year
  62. Hotels: Occupancy Rate on Track to be 2nd Best Year
  63. Schedule for Week of Aug 14, 2016
  64. "Mortgage Rates Drop Back to 1-Month Lows"
  65. The Housing Bottom and Comparing Recoveries
  66. Preliminary August Consumer Sentiment at 90.4
  67. Retail Sales unchanged in July
  68. Friday: Retail Sales, PPI, Consumer Sentiment
  69. Mortgage Delinquencies and the Unemployment Rate
  70. MBA: "Delinquencies and Foreclosures Continue to Drop" in Q2
  71. Weekly Initial Unemployment Claims decreased to 266,000
  72. Memory Lane: From 2005 just as Housing Inventory started to Increase
  73. Update: Framing Lumber Prices Up Year-over-year
  74. BLS: Job Openings "little changed" in June
  75. MBA: "Mortgage Applications Increase in Latest Weekly Survey"
  76. Update: "Scariest jobs chart ever"
  77. EIA: "Gasoline prices at 16-week low, expected to average less than $2 a gallon by December"
  78. Las Vegas Real Estate in July: Sales down 10% YoY, Inventory down 1%
  79. NY Fed: Household Debt Increased Slightly in Q2 2016, Delinquency Rates Declined
  80. NFIB: Small Business Optimism Index increased Slightly in July
  81. Tuesday: Small Business Index, Q2 2016 Household Debt and Credit Report
  82. Update: U.S. Heavy Truck Sales
  83. Phoenix Real Estate in July: Sales down 2%, Inventory up 3% YoY
  84. Vehicle Sales: Fleet Turnover Ratio
  85. Sunday Night Futures
  86. More Employment Graphs: Prime Age Participation, Duration of Unemployment, Unemployment by Education and more
  87. Schedule for Week of Aug 7, 2016
  88. Public and Private Sector Payroll Jobs: Carter, Reagan, Bush, Clinton, Bush, Obama
  89. Trade Deficit at $44.5 Billion in June
  90. Employment Comments: Another Strong Report
  91. July Employment Report: 255,000 Jobs, 4.9% Unemployment Rate
  92. Friday: Jobs and Wages
  93. NAHB: Builder Confidence "Remains in Positive Territory" for 55+ Housing Market in Q2
  94. Fannie and Freddie: REO inventory declined in Q2, Down 33% Year-over-year
  95. Goldman's July NFP Preview
  96. Weekly Initial Unemployment Claims increased to 269,000
  97. Preview of July Employment Report
  98. Off-Topic: Update on Litmus Test Moments
  99. Q2 2016 GDP Details on Residential and Commercial Real Estate
  100. ISM Non-Manufacturing Index decreased to 55.5% in July
  101. ADP: Private Employment increased 179,000 in July
  102. MBA: "Mortgage Applications Decrease in Latest Weekly Survey"
  103. Wednesday: ADP Employment, ISM non-Mfg Index
  104. U.S. Light Vehicle Sales increase to 17.8 million annual rate in July
  105. A few comments on the Seasonal Pattern for House Prices
  106. CoreLogic: House Prices up 5.7% Year-over-year in June
  107. Personal Income increased 0.2% in June, Spending increased 0.4%
  108. Tuesday: Personal Income & Outlays, July Auto Sales
  109. Fed Survey: Banks tightened Standards on Commercial Real Estate, Residential Real Estate demand strengthened
  110. Construction Spending decreased 0.6% in June
  111. ISM Manufacturing index decreased to 52.6 in July
  112. Black Knight June Mortgage Monitor: "Brexit’ Effect Increases Refinanceable Population to 8.7 Million"

July 2016

  1. Monday: ISM Mfg, Construction Spending
  2. CoStar: Commercial Real Estate prices increased in June
  3. Schedule for Week of July 31, 2016
  4. July 2016: Unofficial Problem Bank list declines to 196 Institutions
  5. Lawler: Homebuilder Summary Table for Q2 2016
  6. Restaurant Performance Index declined in June
  7. Q2 GDP: Investment Slump
  8. Chicago PMI declines in July, Final July Consumer Sentiment at 90.0
  9. BEA: Real GDP increased at 1.2% Annualized Rate in Q2
  10. Friday: Q2 GDP, Chicago PMI, Consumer Sentiment
  11. Fannie Mae: Mortgage Serious Delinquency rate declined in June, Lowest since May 2008
  12. Zillow Forecast: Expect slightly slower YoY Growth in June for the Case-Shiller Indexes
  13. Kansas City Fed: Regional Manufacturing Activity "Declined Modestly" in July
  14. HVS: Q2 2016 Homeownership and Vacancy Rates
  15. Weekly Initial Unemployment Claims increased to 264,000
  16. Thursday: Unemployment Claims
  17. Freddie Mac: Mortgage Serious Delinquency rates declined in June, Lowest since July 2008
  18. FOMC Statement: No Change to Policy, Upgrade Economy, Risks "diminished"
  19. NAR: Pending Home Sales Index increased Slightly in June, up 1.0% year-over-year
  20. MBA: "Mortgage Applications Decrease in Latest Weekly Survey"
  21. Wednesday: FOMC Announcement, Pending Home Sales, Durable Goods
  22. Real Prices and Price-to-Rent Ratio in May
  23. A few Comments on June New Home Sales
  24. New Home Sales increased to 592,000 Annual Rate in June, Highest since 2008
  25. Case-Shiller: National House Price Index increased 5.0% year-over-year in May
  26. Black Knight's First Look at June Mortgage Data
  27. Tuesday: New Home Sales, Case-Shiller House Prices
  28. Lawler: Table of Distressed Sales and All Cash Sales for Selected Cities in June
  29. FOMC Preview: No Rate Hike, Possibly Preparing for September Rate Hike
  30. Dallas Fed: Regional Manufacturing Activity "Stabilizes" in July
  31. Black Knight: House Price Index up 1.1% in May, Up 5.4% year-over-year
  32. Sunday Night Futures
  33. The Future is still Bright!
  34. Schedule for Week of July 24, 2016
  35. Vehicle Sales Forecast: Sales to be Over 17 Million SAAR in July
  36. Hotels: Occupancy Rate on Track to be 2nd Best Year
  37. BLS: Unemployment Rates stable in 43 states in June
  38. NMHC: Apartment Market Tightness Index remained negative in July Survey
  39. A Few Comments on June Existing Home Sales
  40. Earlier: Philly Fed Manufacturing Survey showed Contraction in July
  41. Existing Home Sales increased in June to 5.57 million SAAR
  42. Weekly Initial Unemployment Claims declined to 253,000
  43. Thursday: Existing Home Sales, Unemployment Claims, Philly Fed Mfg Survey, FHFA House Price Index
  44. CoreLogic: Orange County Median Home Prices Hit New Record
  45. AIA: Architecture Billings Index "remains on solid footing" in June
  46. MBA: "Mortgage Applications Decrease in Latest Weekly Survey"
  47. Existing Home Sales: Take the Over
  48. WSJ: "A rate increase could come as early as September if economic data hold firm"
  49. Comments on June Housing Starts
  50. Housing Starts increased to 1.189 Million Annual Rate in June
  51. Tuesday: Housing Starts
  52. Lawler: Early Read on Existing Home Sales in June
  53. LA area Port Traffic Mostly Unchanged in June
  54. NAHB: Builder Confidence declines to 59 in July
  55. FNC: Residential Property Values increased 4.9% year-over-year in May
  56. Sunday Night Futures
  57. Hotels: Occupancy Rate Tracking just behind Record Year
  58. Schedule for Week of July 17, 2016
  59. Earlier: Preliminary Consumer Sentiment at 89.5 in July
  60. First Look at 2017 Cost-Of-Living Adjustments and Maximum Contribution Base
  61. Key Measures Show Inflation close to 2% in June
  62. Fed: Industrial Production increased 0.6% in June
  63. Retail Sales increased 0.6% in June
  64. Friday: Retail Sales, CPI, Industrial Production and More
  65. Looking back 7 Years Ago: The Sluggish Recovery Began
  66. Sacramento Housing in June: Sales up 1.8%, Active Inventory down 12% YoY
  67. Weekly Initial Unemployment Claims unchanged at 254,000
  68. Update: "Scariest jobs chart ever"
  69. Fed's Beige Book: "Economic activity continued to expand at a modest pace" in most Districts
  70. Q2 GDP Forecasts
  71. Update: Framing Lumber Prices Up Slightly Year-over-year
  72. MBA: "Mortgage Applications Increase in Latest Weekly Survey "
  73. Wednesday: Beige Book
  74. When are people with Foreclosures and Short Sales eligible to borrow again?
  75. BLS: Job Openings decreased in May
  76. NFIB: Small Business Optimism Index increased Again in June
  77. Tuesday: Job Openings
  78. House Prices to National Average Wage Index
  79. Phoenix Real Estate in June: Sales up 9%, Inventory up 7% YoY
  80. Black Knight: "425,000 Borrowers Out from Underwater on Mortgages" in Q1
  81. Sunday Night Futures
  82. More Employment Graphs: Duration of Unemployment, Unemployment by Education, Construction Employment and Diffusion Indexes
  83. Schedule for Week of July 10, 2016
  84. Public and Private Sector Payroll Jobs: Carter, Reagan, Bush, Clinton, Bush, Obama
  85. Las Vegas Real Estate in June: Sales Increased 7% YoY
  86. Employment Comments: A Strong Report following a Weak Report
  87. June Employment Report: 287,000 Jobs, 4.9% Unemployment Rate
  88. Friday: Jobs and Wages
  89. Goldman's June NFP Preview
  90. Preview of June Employment Report
  91. Reis: Regional Mall Vacancy Rate increased in Q2 2016, Strip Mall Vacancy Rate declined
  92. Weekly Initial Unemployment Claims declines to 254,000
  93. ADP: Private Employment increased 172,000 in June
  94. Thursday: ADP Employment, Unemployment Claims
  95. FOMC Minutes: Concerns about slowing Labor Market, Brexit
  96. Reis: Apartment Vacancy Rate unchanged in Q2 at 4.5%
  97. ISM Non-Manufacturing Index increased to 56.5% in June
  98. Trade Deficit at $41.1 Billion in May
  99. MBA: "Mortgage Applications Surge in Latest Weekly Survey"
  100. Mortgage Rates at Record Lows
  101. The Verizon Strike and the June Employment Report
  102. Reis: Office Vacancy Rate declined in Q2 to 16.0%
  103. CoreLogic: House Prices up 5.9% Year-over-year in May
  104. Ouch: Open-ended UK Property Fund suspends trading
  105. June NFP Forecasts
  106. Q2 Review: Ten Economic Questions for 2016
  107. Schedule for Week of July 3, 2016
  108. "6-Day Winning Streak Leaves Mortgage Rates Near All-Time Lows"
  109. U.S. Light Vehicle Sales decrease to 16.6 million annual rate in June
  110. Construction Spending decreased 0.8% in May
  111. ISM Manufacturing index increased to 53.2 in June
  112. Friday: Auto Sales, ISM Mfg, Construction Spending

June 2016

  1. Restaurant Performance Index declined in May
  2. CoStar: Commercial Real Estate prices increased in May
  3. Chicago PMI increased in June
  4. Weekly Initial Unemployment Claims increase to 268,000
  5. Zillow Forecast: Expect About the Same Growth in May for the Case-Shiller Indexes
  6. Freddie Mac: Mortgage Serious Delinquency rates declined in May
  7. NAR: Pending Home Sales Index decreased 3.7% in May, down 0.2% year-over-year
  8. Personal Income increased 0.2% in May, Spending increased 0.4%
  9. MBA: "Mortgage Applications Decrease in Latest Weekly Survey"
  10. Wednesday: Personal Income and Outlays, Pending Home Sales
  11. Fannie Mae: Mortgage Serious Delinquency rate declined in May
  12. Earlier from Richmond Fed: Manufacturing Activity Declined in June
  13. Real Prices and Price-to-Rent Ratio in April
  14. Case-Shiller: National House Price Index increased 5.0% year-over-year in April
  15. Q1 GDP Revised Up to 1.1% Annual Rate
  16. Tuesday: GDP, Case-Shiller House Prices
  17. ATA Trucking Index increased in May
  18. U.S. Demographics: Ten most common ages in 2010, 2015, 2020, and 2030
  19. Dallas Fed: Regional Manufacturing Activity declined again in June
  20. Black Knight: House Price Index up 1.0% in April, Up 5.4% year-over-year
  21. Sunday Night Futures
  22. Largest 5-year Population Cohorts are now "20 to 24" and "25 to 29"
  23. Schedule for Week of June 26, 2016
  24. June 2016: Unofficial Problem Bank list declines to 203 Institutions, Q2 2016 Transition Matrix
  25. Mortgage Rates Near Record Lows
  26. Philly Fed: State Coincident Indexes increased in 38 states in May
  27. Vehicle Sales Forecasts: Sales to be Over 17 Million SAAR again in June
  28. Consumer Sentiment at 93.5 in June
  29. Federal Reserve on Brexit
  30. Friday: Brexit Result, Durable Goods, Consumer Sentiment
  31. Hotels: Occupancy Rate Tracking just behind Record Year
  32. Lawler: Table of Distressed Sales and All Cash Sales for Selected Cities in May
  33. Kansas City Fed: Regional Manufacturing Activity "Increased Slightly" in June
  34. New Home Sales decreased to 551,000 Annual Rate in May
  35. Weekly Initial Unemployment Claims decrease to 259,000
  36. Thursday: New Home Sales
  37. AIA: Architecture Billings Index increased "Sharply" in May
  38. A Few Comments on May Existing Home Sales
  39. Black Knight's First Look at May Mortgage Data; Foreclosure Inventory down 29% YoY
  40. Existing Home Sales increased in May to 5.53 million SAAR
  41. MBA: Mortgage "Rates Drop, Refi Apps Jump in Latest Weekly Survey"
  42. Wednesday: Existing Home Sales, Fed Chair Yellen
  43. CoreLogic: Orange County home prices above Bubble Peak
  44. Chemical Activity Barometer indicated "Solid Growth in June"
  45. Yellen: Semiannual Monetary Policy Report to the Congress
  46. Atlanta Fed: "Wage Growth moved Higher in May"
  47. Tuesday: Fed Chair Yellen
  48. Phoenix Real Estate in May: Sales up 6%, Inventory up YoY
  49. Update: The Inland Empire Bust and Recovery
  50. FNC: Residential Property Values increased 5.6% year-over-year in April
  51. Sunday Night Futures
  52. LA area Port Traffic Increased in May, Busiest May in Port of Los Angeles History
  53. Schedule for Week of June 19, 2016
  54. Oil: Horizontal Rig Counts Increased Slightly Again
  55. Comments on May Housing Starts
  56. BLS: Unemployment Rates stable in 41 states in May
  57. Housing Starts decreased to 1.164 Million Annual Rate in May
  58. Friday: Housing Starts
  59. Lawler: Early Read on Existing Home Sales in May
  60. Lawler: Single-Family Home Production in 2015: Small Number, Big Homes
  61. Key Measures Show Inflation close to 2% in May
  62. NAHB: Builder Confidence increases to 60 in June
  63. Philly Fed Manufacturing Survey showed Expansion in June
  64. Weekly Initial Unemployment Claims increase to 277,000
  65. Thursday: CPI, Unemployment Claims, Homebuilder Survey, Philly Fed Mfg Survey
  66. Lawler: The More Things Change ...
  67. FOMC Projections and Press Conference
  68. FOMC Statement: No Change to Policy
  69. Fed: Industrial Production decreased 0.4% in May
  70. MBA: "Mortgage Applications Decrease in Latest MBA Weekly Survey"
  71. Wednesday: FOMC Statement, Industrial Production, PPI, Empire State Mfg
  72. Off Topic: #NothingCanBeDone
  73. U.S. Population Distribution by Age, 1900 through 2060
  74. NFIB: Small Business Optimism Index increased in May
  75. Retail Sales increased 0.5% in May
  76. Tuesday: Retail Sales, Small Business Survey
  77. Update: Real Estate Agent Boom and Bust
  78. Will the Rebound in Oil Prices Rescue the Houston Housing Market?
  79. Sacramento Housing in May: Sales up 3.5%, Active Inventory down 18% YoY
  80. Sunday Night Futures
  81. FOMC Preview and Review of Projections
  82. Schedule for Week of June 12, 2016
  83. Hotels: Occupancy Rate Tracking just behind Record Year
  84. Update: Framing Lumber Prices Up Year-over-year
  85. Earlier: Consumer Sentiment at 94.3, Current Economic Conditions Highest since 2005
  86. Mortgage Rates and Ten Year Yield
  87. Merrill Lynch: Some Signs of Slowing at Housing High End
  88. Mortgage Equity Withdrawal Slightly Negative in Q1
  89. Fed's Flow of Funds: Household Net Worth increased in Q1
  90. CoreLogic: "268,000 US Homeowners Regained Equity in the First Quarter of 2016"
  91. Weekly Initial Unemployment Claims decrease to 264,000
  92. Thursday: Unemployment Claims, Q1 Flow of Funds
  93. Lehner: "The Housing Trilemma"
  94. Zillow: Negative Equity Rate declined in Q1 2016
  95. BLS: Job Openings increased in April
  96. MBA: "Mortgage Applications Increase in Latest MBA Weekly Survey"
  97. U.S. Births decreased slightly in 2015
  98. Leading Index for Commercial Real Estate shows gain in May
  99. Las Vegas Real Estate in May: Sales Decreased Slightly YoY, Inventory Increases
  100. CoreLogic: House Prices up 6.2% Year-over-year in April
  101. Duy on Fed: "June is off the table, September is coming into focus"
  102. Why Did the Unemployment Rate fall Sharply with Few Jobs Added?
  103. Yellen: Current Conditions and the Outlook for the U.S. Economy
  104. Black Knight: First Time Foreclosure Starts Lowest on Record
  105. Monday: Yellen
  106. Public and Private Sector Payroll Jobs: Carter, Reagan, Bush, Clinton, Bush, Obama
  107. Schedule for Week of June 5, 2016
  108. Payroll Employment: Best Years, Worst Month
  109. Earlier: ISM Non-Manufacturing Index decreased to 52.9% in May
  110. Trade Deficit at $37.4 Billion in April
  111. Comments: A Disappointing Employment Report
  112. May Employment Report: 38,000 Jobs, 4.7% Unemployment Rate
  113. Friday: Jobs and Wages, Trade Deficit
  114. Preview of May Employment Report
  115. Goldman's May NFP Preview
  116. The Verizon Strike and the May Employment Report
  117. Weekly Initial Unemployment Claims decrease to 267,000
  118. ADP: Private Employment increased 173,000 in May
  119. Thursday: ADP Employment, Unemployment Claims
  120. U.S. Light Vehicle Sales increase to 17.4 million annual rate in May
  121. Fed's Beige Book: "Modest economic growth" in most Districts
  122. Construction Spending decreased 1.8% in April
  123. ISM Manufacturing index increased to 51.3 in May
  124. MBA: "Mortgage Applications Decrease in Latest MBA Weekly Survey"

May 2016

  1. Wednesday: ISM Mfg Survey, Construction Spending, Auto Sales, Beige Book
  2. Real Prices and Price-to-Rent Ratio in March
  3. Dallas Fed: Regional Manufacturing Activity declined in May
  4. Case-Shiller Graphs: National House Price Index increased 5.2% year-over-year in March
  5. Case-Shiller: National House Price Index increased 5.2% year-over-year in March
  6. Personal Income increased 0.4% in April, Spending increased 1.0%
  7. Tuesday: Personal Income and Outlays, Case-Shiller House Prices, Chicago PMI
  8. Hamilton: 'Trends in oil supply and demand'
  9. Gasoline Prices: Down 40 cents per gallon from last year on Memorial Day
  10. The War on Data
  11. May 2016: Unofficial Problem Bank list declines to 205 Institutions
  12. Schedule for Week of May 29, 2016
  13. Fannie Mae and Freddie Mac: Mortgage Serious Delinquency rates declined in April
  14. Lawler: Sustained Regional Home Price Declines Were Not That Uncommon from the Mid-80’s to the Mid-90’s
  15. Consumer Sentiment at 94.7
  16. Q1 GDP Revised Up to 0.8% Annual Rate
  17. Friday: GDP, Yellen
  18. Vehicle Sales Forecasts: Sales to be Over 17 Million SAAR in May
  19. Kansas City Fed: Regional Manufacturing Activity "declined modestly" in May
  20. NAR: Pending Home Sales Index increased 5.1% in April, up 4.6% year-over-year
  21. Weekly Initial Unemployment Claims decrease to 268,000
  22. Thursday: Unemployment Claims, Durable Goods, Pending Home Sales
  23. Philly Fed: State Coincident Indexes increased in 39 states in April
  24. Lawler: Table of Distressed Sales and All Cash Sales for Selected Cities in April
  25. FHFA: House Prices increased 0.7% in March, New Zip Code HPI Data
  26. MBA: "Purchase Applications Increase and Refis Hold Steady in Latest MBA Weekly Survey"
  27. Chemical Activity Barometer increased in May
  28. New Home Prices
  29. Comments on April New Home Sales
  30. NY Fed: Household Debt Increased in Q1 2016, Delinquency Rates Declined
  31. New Home Sales increased sharply to 619,000 Annual Rate in April
  32. Black Knight's First Look at April Mortgage Data: Lowest Number of Foreclosure Starts in 10 Years
  33. Tuesday: New Home Sales, Richmond Fed Mfg, Q1 2016 Household Debt and Credit Report
  34. Year-over-year Change in Oil Prices
  35. Goldman Sachs on Rate Hike Odds: 35% in June, 35% in July
  36. CoreLogic: Far Fewer Low Credit Score Applicants Than Before Housing Crisis
  37. Sunday Night Futures
  38. An update on oil prices
  39. Schedule for Week of May 22, 2016
  40. A Few Comments on April Existing Home Sales
  41. BLS: Unemployment Rates stable in 41 states in April
  42. Existing Home Sales increased in April to 5.45 million SAAR
  43. Friday: Existing Home Sales
  44. LA area Port Traffic Declined in April
  45. Earlier: Chicago Fed "Index shows economic growth picked up in April"
  46. Earlier: Philly Fed Manufacturing Survey showed Slight Contraction in May
  47. Weekly Initial Unemployment Claims decrease to 278,000
  48. Thursday: Unemployment Claims, Philly Fed Mfg Survey
  49. FOMC Minutes: "Most participants judged" that June rate hike "appropriate" based on data
  50. AIA: "Architecture Billings Index Shows Continued Modest Growth"
  51. MBA: "Mortgage Applications Decrease in Latest MBA Weekly Survey"
  52. Wednesday: FOMC Minutes
  53. Comments on April Housing Starts
  54. Lawler: Early Look at Existing Home Sales in April
  55. Key Measures Show Inflation close to 2% in April
  56. Fed: Industrial Production increased 0.7% in April
  57. Housing Starts increased to 1.172 Million Annual Rate in April
  58. Tuesday: Housing Starts, CPI, Industrial Production
  59. Duy: Fed Considers June still possible for Rate Hike
  60. NAHB: Builder Confidence unchanged at 58 in May
  61. NY Fed: May "General business conditions turned negative, falling nineteen points to -9.0"
  62. Monday: Empire State Mfg, Homebuilder Survey
  63. Neil Irwin in the NY Times: How life has changed in America over the last 150 Years
  64. Schedule for Week of May 15, 2016
  65. Earlier: Preliminary Consumer Sentiment increases to 95.8
  66. Sacramento Housing in April: Sales down 3.3%, Active Inventory down 17% YoY
  67. Retail Sales increased 1.3% in April
  68. Off-Topic: A Comment on Litmus Test Moments
  69. MBA: "Foreclosures Continue to Decrease, Delinquencies Flat" in Q1
  70. Hotels: Occupancy Rate Tracking just behind Record Year
  71. Weekly Initial Unemployment Claims increase to 294,000
  72. Two Years Ago: Housing Doom and Gloom
  73. Q1 2016 GDP Details on Residential and Commercial Real Estate
  74. Update: Framing Lumber Prices Up Year-over-year
  75. MBA: "Mortgage Applications Slightly Increase in Latest MBA Weekly Survey"
  76. Trends in Educational Attainment in the U.S. Labor Force
  77. BLS: Jobs Openings increased in March
  78. NFIB: Small Business Optimism Index increased in April
  79. "Mortgage Rates Steady Near 3-Year Lows"
  80. Phoenix Real Estate in April: Sales up 1%, Inventory up YoY
  81. More Employment Graphs: Duration of Unemployment, Unemployment by Education, Construction Employment and Diffusion Indexes
  82. Update: "Scariest jobs chart ever"
  83. Sunday Night Futures
  84. Merrill on Fed: "See you in September"
  85. Schedule for Week of May 8, 2016
  86. Lawler: Q1 Home Builder Results
  87. Public and Private Sector Payroll Jobs: Carter, Reagan, Bush, Clinton, Bush, Obama
  88. Comments: A Decent Employment Report
  89. April Employment Report: 160,000 Jobs, 5.0% Unemployment Rate
  90. Friday: Jobs and Wages
  91. Fannie and Freddie: REO inventory declined in Q1, Down 34% Year-over-year
  92. Goldman's April NFP Preview
  93. Las Vegas Real Estate in April: Sales Increased 4% YoY, Inventory Declines Slightly
  94. Weekly Initial Unemployment Claims increase to 274,000
  95. Freddie Mac: Mortgage Serious Delinquency rate decreased in March, Lowest since Aug 2008
  96. Preview of April Employment Report
  97. ISM Non-Manufacturing Index increased to 55.7% in April
  98. Trade Deficit decreased in March to $40.4 Billion
  99. ADP: Private Employment increased 156,000 in April
  100. MBA: Mortgage "Refis Down, Purchases Flat in Latest MBA Weekly Survey"
  101. Wednesday: Trade Deficit, ADP Employment, ISM non-Manufacturing
  102. U.S. Light Vehicle Sales increase to 17.4 million annual rate in April
  103. The Projected Improvement in Life Expectancy
  104. CoreLogic: House Prices up 6.7% Year-over-year in March
  105. Tuesday: Auto Sales
  106. Fed Survey: Banks ease Standards on Residential Real Estate, Credit Quality in Oil Regions "deteriorated somewhat"
  107. Construction Spending increased 0.3% in March
  108. ISM Manufacturing index decreased to 50.8 in April
  109. Black Knight March Mortgage Monitor
  110. Monday: ISM Manufacturing, Construction Spending
  111. Energy expenditures as a percentage of PCE hit another All Time Low in March

April 2016

  1. Schedule for Week of May 1, 2016
  2. April 2016: Unofficial Problem Bank list declines to 214 Institutions
  3. Fannie Mae: Mortgage Serious Delinquency rate declined in March, Lowest since June 2008
  4. Lawler:Updated Table of Distressed Sales and All Cash Sales for Selected Cities in March
  5. Chicago PMI declines in April, Final April Consumer Sentiment at 89.0
  6. Personal Income increased 0.4% in March, Spending increased 0.1%
  7. Friday: Personal Income and Outlays, Chicago PMI, Consumer Sentiment
  8. HVS: Q1 2016 Homeownership and Vacancy Rates
  9. Q1 GDP: Investment
  10. Kansas City Fed: Regional Manufacturing Activity "declined modestly" in April
  11. Weekly Initial Unemployment Claims increase to 257,000, Lowest 4-Week Average since 1973
  12. BEA: Real GDP increased at 0.5% Annualized Rate in Q1
  13. Thursday: GDP, Unemployment Claims
  14. Analysis: Rate Hike in June depends mostly on Inflation
  15. FOMC Statement: No Change to Policy, Less Global Concern
  16. Zillow Forecast: Expect Slower Growth in March for the Case-Shiller Indexes
  17. NAR: Pending Home Sales Index increased 1.4% in March, up 1.4% year-over-year
  18. MBA: "Mortgage Applications Decrease in Latest MBA Weekly Survey"
  19. Wednesday: FOMC Announcement, Pending Home Sales
  20. Duy: Fed Is Meeting Today, Talking About June
  21. Chemical Activity Barometer "Accelerated" in April
  22. Real Prices and Price-to-Rent Ratio in February
  23. Case-Shiller: National House Price Index increased 5.3% year-over-year in February
  24. Tuesday: Case-Shiller House Prices, Durable Goods
  25. Vehicle Sales Forecast: "April Sales to Return to 17 Million SAAR Trend"
  26. Comments on March New Home Sales
  27. New Home Sales decreased to 511,000 Annual Rate in March
  28. Black Knight: House Price Index up 0.7% in February, Up 5.3% year-over-year
  29. Monday: New Home Sales
  30. FOMC Preview: No Rate Hike, Risks "Nearly Balanced"
  31. Schedule for Week of April 24, 2016
  32. Year 5: It Never Rains in California
  33. Goldman: Expect FOMC statement next week to say risks are "nearly balanced"
  34. ATA Trucking Index decreased in March
  35. Black Knight's First Look at March Mortgage Data: Delinquency rate lowest in 9 Years
  36. NMHC: Apartment Market Tightness Index declined in April Survey
  37. Earlier: Chicago Fed: "Index shows economic growth below average in March"
  38. Earlier: Philly Fed Manufacturing Survey showed Slight Contraction in April
  39. Weekly Initial Unemployment Claims decrease to 247,000
  40. Philly Fed: State Coincident Indexes increased in 41 states in March
  41. A Few Comments on March Existing Home Sales
  42. AIA: "Architecture Billings Index Ends the First Quarter on an Upswing"
  43. Existing Home Sales increased in March to 5.33 million SAAR
  44. MBA: "Mortgage Applications Increase in Latest MBA Weekly Survey"
  45. Wednesday: Existing Home Sales
  46. Lawler: Preliminary Table of Distressed Sales and All Cash Sales for Selected Cities in March
  47. Comments on March Housing Starts
  48. Housing Starts decreased to 1.089 Million Annual Rate in March
  49. Tuesday: Housing Starts
  50. Lawler: Early Look at Existing Home Sales in March
  51. Ranking Economic Data
  52. NAHB: Builder Confidence unchanged at 58 in April
  53. Sunday Night Futures
  54. Hotels: Occupancy Rate Tracking close to Record Year
  55. Schedule for Week of April 17, 2016
  56. FNC: Residential Property Values increased 5.7% year-over-year in February
  57. Earlier: Preliminary April Consumer Sentiment decreases to 89.7
  58. BLS: Unemployment Rate decreased in 21 States in March
  59. Fed: Industrial Production decreased 0.6% in March
  60. NY Fed: April "General business conditions climbed nine points, highest in more than a year"
  61. Friday: Industrial Production, Consumer Sentiment, NY Fed Mfg Survey
  62. LA area Port Traffic Decreased Sharply YoY in March due to Labor Slowdown last Year
  63. Key Measures Show Inflation close to 2% in March
  64. Weekly Initial Unemployment Claims decrease to 253,000
  65. Thursday: CPI, Unemployment Claims
  66. Fed's Beige Book: Economic activity expanded in the "modest to moderate range" in most Districts
  67. Update: Framing Lumber Prices Up Year-over-year
  68. Retail Sales decreased 0.3% in March
  69. MBA: "Mortgage Apps Jump 10% in Latest MBA Weekly Survey"
  70. Wednesday: Retail Sales, PPI, Beige Book
  71. Treasury: Budget Deficit increased in Fiscal 2016 to Date compared to Fiscal 2015
  72. CoreLogic: Foreclosure Inventory Declines 23.9% Year-over-year
  73. NFIB: Small Business Optimism Index declined slightly in March
  74. "Mortgage Rates Holding Near 3-Year Lows"
  75. Update: The California Budget Surplus
  76. Mortgage Rates and Ten Year Yield
  77. Report: U.S. Office Vacancy Increased Slightly in Q1 2016
  78. Sunday Night Futures
  79. Energy expenditures as a percentage of PCE at All Time Low
  80. Schedule for Week of April 10, 2016
  81. Sacramento Housing in March: Sales up 4.7%, Inventory down 17% YoY
  82. WSJ: "Housing Bust Lingers for Generation X"
  83. Q1 Review: Ten Economic Questions for 2016
  84. Philly Fed: State Coincident Indexes increased in 43 states in January
  85. Merrill: "Fading the first quarter GDP fade"
  86. Hotels: Occupancy Rate Tracking just behind Record Year
  87. Phoenix Real Estate in March: Sales up 9%, Inventory up YoY
  88. Weekly Initial Unemployment Claims decrease to 267,000
  89. Lawler: Yellen on Household Formations “Not Keeping Up;” What Is Her Data Source?
  90. FOMC Minutes: Many participants argued "asymmetry made it prudent to wait for additional information"
  91. Las Vegas Real Estate in March: Sales Increased 4% YoY, Inventory Declines
  92. Reis: Mall Vacancy Rate unchanged in Q1 2016
  93. MBA: "Refinance Applications Drive Increase in Latest MBA Weekly Survey"
  94. Goldman: "Household Formation Close to Normal"
  95. Earlier: ISM Non-Manufacturing Index increased to 54.5% in March
  96. Reis: Apartment Vacancy Rate increased in Q1 to 4.5%
  97. BLS: Jobs Openings "little changed" in February
  98. CoreLogic: House Prices up 6.8% Year-over-year in February
  99. Trade Deficit Increased in February to $47.1 Billion
  100. Tuesday: Trade Deficit, Job Openings, ISM non-Mfg
  101. A few comments on the Seasonal Pattern for House Prices
  102. Reis: Office Vacancy Rate declined in Q1 to 16.2%
  103. Black Knight February Mortgage Monitor
  104. Sunday Night Futures
  105. The El Niño Bust in California
  106. Schedule for Week of April 3, 2016
  107. Public and Private Sector Payroll Jobs: Carter, Reagan, Bush, Clinton, Bush, Obama
  108. U.S. Light Vehicle Sales decline to 16.45 million annual rate in March
  109. Construction Spending decreased 0.5% in February
  110. ISM Manufacturing index increased to 51.8 in March
  111. Comments: Another Solid Employment Report
  112. March Employment Report: 215,000 Jobs, 5.0% Unemployment Rate

March 2016

  1. Freddie Mac: Mortgage Serious Delinquency rate decreased in February, Lowest since Sept 2008
  2. Preview: Employment Report for March
  3. Goldman: March Payrolls Preview
  4. Chicago PMI increases to 53.6
  5. Weekly Initial Unemployment Claims increase to 276,000
  6. Thursday: Unemployment Claims, Chicago PMI
  7. Fannie Mae: Mortgage Serious Delinquency rate declined in February, Lowest since July 2008
  8. Zillow Forecast: Expect Slightly Slower Growth in February for the Case-Shiller Indexes
  9. ADP: Private Employment increased 200,000 in March
  10. MBA: "Refinance Applications Down, Purchase Applications Up in Latest MBA Weekly Survey"
  11. Mortgage News Daily: "Mortgage Rates Drop After Yellen Speech"
  12. Real Prices and Price-to-Rent Ratio in January
  13. Yellen: The Outlook, Uncertainty, and Monetary Policy
  14. Case-Shiller: National House Price Index increased 5.4% year-over-year in January
  15. Tuesday: Yellen, Case-Shiller House Prices
  16. ATA Trucking Index increased 7.2% in February
  17. Black Knight: House Price Index up 0.1% in January, Up 5.3% year-over-year
  18. Dallas Fed: "Texas Manufacturing Activity Rebounds in March"
  19. NAR: Pending Home Sales Index increased 3.5% in February, up 0.7% year-over-year
  20. Personal Income increased 0.2% in February, Spending increased 0.1%
  21. Monday: Personal Income and Outlays, Pending Home Sales
  22. Hotels: Supply increased faster than Demand in January and February
  23. Schedule for Week of March 27, 2016
  24. March 2016: Unofficial Problem Bank list declines to 222 Institutions, Q1 2016 Transition Matrix
  25. DOT: Vehicle Miles Driven increased 2.0% year-over-year in January
  26. BLS: Unemployment Rate decreased in 22 States in February
  27. Q4 GDP Revised Up to 1.4% Annual Rate
  28. Goldman: "Inflation Finally Begins to Firm"
  29. Vehicle Sales Forecast: Sales to Reach All Time High for the Month of March
  30. Kansas City Fed: Regional Manufacturing Activity "remained negative" in March
  31. Weekly Initial Unemployment Claims increase to 265,000
  32. Thursday: Durable Goods, Unemployment Claims
  33. Comments on February New Home Sales
  34. AIA: "Modest Expansion for Architecture Billings Index"
  35. New Home Sales increased to 512,000 Annual Rate in February
  36. MBA: Mortgage Applications Decreased in Latest Weekly Survey, Purchase Applications up 25% YoY
  37. Black Knight's First Look at February Mortgage Data: Delinquency rate lowest since April 2007
  38. Wednesday: New Home Sales
  39. Chemical Activity Barometer Expands in March
  40. Richmond Fed: Manufacturing Sector Activity Expanded in March
  41. Lawler: “Shortfall” in Single-Family Production Almost All in Moderately Sized Homes
  42. Lawler on Existing Home Sales, Table of Distressed Sales for Selected Cities in February
  43. A Few Comments on February Existing Home Sales
  44. Existing Home Sales decreased in February to 5.08 million SAAR
  45. Chicago Fed: "Index shows economic growth slowed in February"
  46. Sunday Night Futures
  47. Mortgage News Daily: "Lenders quoting 30yr fixed rates of 3.75%"
  48. Schedule for Week of March 20, 2016
  49. When will I make another "Big" economic call?
  50. Fed: Q4 Household Debt Service Ratio Very Low
  51. Preliminary March Consumer Sentiment decreases to 90.0
  52. Lawler: Early Read on Existing Home Sales in February
  53. Metrostudy: “LOTS to Talk About”
  54. Philly Fed Manufacturing Survey showed Expansion in March
  55. BLS: Jobs Openings increased in January
  56. Weekly Initial Unemployment Claims increase to 265,000
  57. Thursday: Unemployment Claims, Philly Fed Mfg Survey, Job Openings
  58. Comments on February Housing Starts
  59. FOMC Projections and Press Conference
  60. FOMC Statement: No Change to Policy, Concern about Global developments
  61. Key Measures Show Inflation slightly above 2% in February
  62. Fed: Industrial Production decreased 0.5% in February
  63. Housing Starts increased to 1.178 Million Annual Rate in February
  64. MBA: Mortgage Applications Decreased in Latest Weekly Survey, Purchase Applications up 33% YoY
  65. Wednesday: FOMC, Housing Starts, CPI, Industrial Production
  66. FNC: Residential Property Values increased 6.4% year-over-year in January
  67. Goldman: "We see the cyclical 'participation gap' as nearly closed"
  68. NAHB: Builder Confidence unchanged at 58 in March
  69. Retail Sales decreased 0.1% in February
  70. Tuesday: Retail Sales, PPI, NY Fed Mfg Survey, Homebuilder Confidence
  71. FOMC Preview and Review of Projections
  72. BLS: Unemployment Rate decreased in 28 States in January
  73. Sunday Night Futures
  74. Goldman: FOMC Preview
  75. Schedule for Week of March 13, 2016
  76. Sacramento Housing in February: Sales down 1.5%, Inventory down 24% YoY
  77. LA area Port Traffic Increased Sharply YoY in February due to Labor Slowdown last Year
  78. Merle Hazard: "How Long (Will Interest Rates Stay Low)?"
  79. Mortgage Equity Withdrawal Slightly Negative in Q4
  80. Goldman: "Quits and Gross Hiring Are Mostly Back to Normal"
  81. Fannie Mae: "Millennials ... Are the Driving Force Behind the Recent Surge in Apartment Demand"
  82. Hotel Occupancy in 2016: Tracking Just Behind 2015
  83. Fed's Flow of Funds: Household Net Worth increased in Q4
  84. CoreLogic: "1 Million US Borrowers Regained Equity in 2015"
  85. Weekly Initial Unemployment Claims decrease to 259,000
  86. Thursday: Unemployment Claims, Quarterly Services, Flow of Funds
  87. Update: Energy expenditures as a percentage of consumer spending
  88. Update: Prime Working-Age Population Growing Again
  89. Update: U.S. Heavy Truck Sales
  90. MBA: Mortgage Applications Increased in Latest Weekly Survey, Purchase Applications up 30% YoY
  91. Hilsenrath: Fed to "Keep Options Open for April or June"
  92. Demographics: Renting vs. Owning
  93. Phoenix Real Estate in February: Sales down 3%, Inventory down slightly
  94. NFIB: Small Business Optimism Index decreased in February
  95. Tuesday: Small Business Optimism
  96. Update: Framing Lumber Prices down about 15% Year-over-year
  97. Las Vegas Real Estate in February: Sales Increased 9% YoY, Inventory Up Slightly
  98. Black Knight January Mortgage Monitor
  99. Sunday Night Futures
  100. Update: Labor Force Participation
  101. Schedule for Week of March 6, 2016
  102. WSJ: Oil Prices up 37% since Low in February
  103. Public and Private Sector Payroll Jobs: Carter, Reagan, Bush, Clinton, Bush, Obama
  104. Comments: A Strong Employment Report
  105. Trade Deficit Increased in January to $45.7 Billion
  106. February Employment Report: 242,000 Jobs, 4.9% Unemployment Rate
  107. Friday: Employment Report, Trade Deficit
  108. Goldman Payroll Preview: 195K Forecast
  109. Preview: Employment Report for February
  110. ISM Non-Manufacturing Index Decreased to 53.4% in February
  111. Weekly Initial Unemployment Claims increase to 278,000
  112. Thursday: Unemployment Claims, ISM non-Mfg Survey
  113. Fed's Beige Book: "Economic activity expanded in most Districts"
  114. Zillow Forecast: Expect "Modestly Slower Growth" in January for the Case-Shiller Indexes than in December
  115. ADP: Private Employment increased 214,000 in February
  116. MBA: Mortgage Applications Decreased in Latest Weekly Survey, Purchase Applications up 27% YoY
  117. Wednesday: ADP Employment, Beige Book
  118. U.S. Light Vehicle Sales at 17.43 million annual rate in February
  119. Construction Spending increased 1.5% in January
  120. ISM Manufacturing index increased to 49.5 in February
  121. CoreLogic: House Prices up 6.9% Year-over-year in January
  122. Tuesday: ISM Mfg, Vehicle Sales, Construction Spending

February 2016

  1. Fannie Mae: Mortgage Serious Delinquency rate unchanged in January
  2. Restaurant Performance Index indicates expansion in January
  3. Dallas Fed: "Texas Manufacturing Activity Contracts Again" in February
  4. NAR: Pending Home Sales Index decreased 2.5% in January, up 1.4% year-over-year
  5. Chicago PMI declines to 47.6
  6. Black Knight: House Price Index up 0.1% in December, Up 5.5% year-over-year
  7. Sunday Night Futures
  8. Hotel Occupancy in 2016: Tracking Record Year
  9. February 2016: Unofficial Problem Bank list declines to 228 Institutions
  10. Schedule for Week of February 28, 2016
  11. Freddie Mac: Mortgage Serious Delinquency rate increased slightly in January
  12. Earlier: February Consumer Sentiment at 91.7
  13. Personal Income increased 0.5% in January, Spending increased 0.5%
  14. Q4 GDP Revised Up to 1.0% Annual Rate
  15. Friday: GDP, Personal Income and Outlays, Consumer Sentiment
  16. Lawler on Existing Home Sales, Table of Distressed Sales for Selected Cities in January
  17. A comment on the Labor Force Participation Rate
  18. Kansas City Fed: Regional Manufacturing Activity "declined further" in February
  19. Weekly Initial Unemployment Claims increase to 272,000
  20. Thursday: Unemployment Claims, Durable Goods
  21. Vehicle Sales Forecast: Sales to Reach 15-Year High for a February
  22. Comments on January New Home Sales
  23. New Home Sales decreased to 494,000 Annual Rate in January
  24. MBA: Mortgage Applications Decreased in Latest Weekly Survey, Purchase Applications up 27% YoY
  25. Real Prices and Price-to-Rent Ratio in December
  26. A Few Comments on January Existing Home Sales
  27. Chemical Activity Barometer "Slips" in February
  28. Existing Home Sales increased in January to 5.47 million SAAR
  29. Case-Shiller: National House Price Index increased 5.4% year-over-year in December
  30. Tuesday: Existing Home Sales, Case-Shiller House Prices, Richmond Fed Mfg Survey
  31. A comment on the January Black Knight Mortgage Delinquency Data
  32. DOT: Vehicle Miles Driven increased 4.2% year-over-year in December
  33. Black Knight's First Look at January Mortgage Data
  34. Chicago Fed: "Index shows economic growth picked up in January"
  35. Sunday Night Futures
  36. Fannie and Freddie: REO inventory declined in Q4, Down 34% Year-over-year
  37. Schedule for Week of February 21, 2016
  38. Goldman: Inflation "likely to rise more than bond markets currently discount"
  39. Quarterly Housing Starts by Intent
  40. Key Measures Show Inflation close to 2% in January
  41. CPI unchanged in January, Core CPI up 2.2% YoY
  42. Phoenix Real Estate in January: Sales up 9%, Inventory down 6%
  43. Lawler: Early Read on Existing Home Sales in January
  44. MBA: Mortgage Delinquency and Foreclosure Rates Decrease in Q4
  45. Philly Fed Manufacturing Survey showed modest contraction in February
  46. Weekly Initial Unemployment Claims decrease to 262,000
  47. Thursday: Unemployment Claims, Philly Fed Mfg Survey
  48. Comments on January Housing Starts
  49. FOMC Minutes: Economic and Financial developments "increasing the downside risks to the outlook"
  50. AIA: "Slight Contraction in Architecture Billings Index "
  51. Fed: Industrial Production increased 0.9% in January
  52. Housing Starts declined to 1.099 Million Annual Rate in January
  53. MBA: Mortgage Applications Increased in Latest Weekly Survey, Purchase Applications up 30% YoY
  54. Wednesday: Housing Starts, PPI, FOMC Minutes and More
  55. SoCal home sales increased 7.3% YoY in January
  56. NAHB: Builder Confidence declined to 58 in February
  57. NY Fed: "Business activity continued to decline for New York manufacturers" in February
  58. Tuesday: NY Fed Mfg, NAHB Homebuilder Survey
  59. Update: Real Estate Agent Boom and Bust
  60. FNC: Residential Property Values increased 6.2% year-over-year in December
  61. Energy expenditures as a percentage of consumer spending
  62. LA area Port Traffic Increased YoY in January, Busiest January in LA Port History
  63. Schedule for Week of February 14, 2016
  64. Mortgage News Daily: "Lenders quoting 30yr fixed rates of 3.65%"
  65. Hotel Occupancy: 2016 Tracking Record Year
  66. NY Fed: Household Debt Increased "Modestly" in Q4 2015, Delinquency Rates Declined
  67. Preliminary February Consumer Sentiment decreases to 90.7
  68. Retail Sales increased 0.2% in January
  69. Sacramento Housing in January: Sales up 3.9%, Inventory down 25% YoY
  70. An update on oil prices
  71. AIA Forecast: 8% increase in Nonresidential Construction in 2016
  72. Weekly Initial Unemployment Claims decrease to 269,000
  73. Thursday: Unemployment Claims, Fed Chair Janet Yellen
  74. Las Vegas: Record Visitor Traffic in 2015, Conventions Returning
  75. Hilsenrath on Yellen
  76. Yellen: "Financial conditions in the United States have recently become less supportive of growth"
  77. MBA: Mortgage Applications Increased in Latest Weekly Survey, Purchase Applications up 25% YoY
  78. "Mortgage Rates Well Into Mid 3's"
  79. EIA: Record Oil Inventories, Gasoline Prices expected to average $1.98/gal in 2016
  80. BLS: Jobs Openings increased in December
  81. NFIB: Small Business Optimism Index decreased in January
  82. Tuesday: Small Business Confidence, Job Openings
  83. Update: The Inland Empire Bust and Recovery
  84. Update: Framing Lumber Prices down Sharply Year-over-year
  85. Las Vegas Real Estate in January: Sales Increased 5% YoY, Inventory Up Slightly
  86. Sunday Night Futures
  87. Update: "Scariest jobs chart ever"
  88. Schedule for Week of February 7, 2016
  89. Public and Private Sector Payroll Jobs: Carter, Reagan, Bush, Clinton, Bush, Obama
  90. Comments: A Solid Employment Report
  91. Trade Deficit Increased in December to $43.4 Billion
  92. January Employment Report: 151,000 Jobs, 4.9% Unemployment Rate (Graphs Included)
  93. January Employment Report: 151,000 Jobs, 4.9% Unemployment Rate
  94. Friday: Employment Report, Trade Deficit
  95. U.S. Courts: "Bankruptcy Filings Drop 10 Percent in Calendar Year 2015"
  96. Lawler: Home Builder Results: Net Orders Decent, Deliveries Lag a Bit, Order Backlog Jumps
  97. Goldman Payroll Preview: 170K Forecast
  98. Weekly Initial Unemployment Claims increase to 285,000
  99. Tim Duy's Fed Watch: "Resisting Change?"
  100. Goldman Forecast: No Rate Hike in March
  101. Preview: Employment Report for January
  102. ISM Non-Manufacturing Index Decreased to 53.5% in January
  103. ADP: Private Employment increased 205,000 in January
  104. MBA: Mortgage Applications Decreased in Latest Weekly Survey, Purchase Applications up 17% YoY
  105. "Mortgage Rates Down to New 8-Month Lows"
  106. U.S. Light Vehicle Sales at 17.46 million annual rate in January
  107. The Return of Alt-A?
  108. CoreLogic: House Prices up 6.3% Year-over-year in December
  109. Fannie Mae: Mortgage Serious Delinquency rate declined in December
  110. Black Knight December Mortgage Monitor
  111. Construction Spending increased 0.1% in December, Up 10.5% in 2015 vs 2014
  112. ISM Manufacturing index increased to 48.2 in January
  113. Personal Income increased 0.3% in December, Spending decreased slightly
  114. Monday: Personal Income and Outlays, ISM Mfg Survey, Construction Spending

January 2016

  1. Hotel Occupancy: Solid Start for 2016
  2. January 2016: Unofficial Problem Bank list declines to 238 Institutions
  3. Schedule for Week of January 31, 2016
  4. Philly Fed: State Coincident Indexes increased in 39 states in December
  5. Q4 GDP: Investment
  6. Chicago PMI increases Sharply, Final January Consumer Sentiment at 92.0
  7. BEA: Real GDP increased at 0.7% Annualized Rate in Q4
  8. Friday: GDP, Chicago PMI
  9. Freddie Mac: Mortgage Serious Delinquency rate declined in December, Lowest since September 2008
  10. HVS: Q4 2015 Homeownership and Vacancy Rates
  11. Kansas City Fed: Regional Manufacturing Activity Declined Further in January
  12. NAR: Pending Home Sales Index increased 0.1% in December, up 4.2% year-over-year
  13. Weekly Initial Unemployment Claims decrease to 278,000
  14. Thursday: Unemployment Claims, Durable Goods, Pending Home Sales and More
  15. FOMC Statement: No Change to Policy, Uncertain about rise in inflation
  16. Comments on December New Home Sales
  17. New Home Sales increased to 544,000 Annual Rate in December
  18. MBA: Mortgage Applications Increased in Latest Weekly Survey, Purchase Applications up 22% YoY
  19. Wednesday: FOMC Announcement, New Home Sales
  20. Chemical Activity Barometer "Notches Slight Gain " in January
  21. Real Prices and Price-to-Rent Ratio in November
  22. BLS: Unemployment Rate decreased in 25 States in December
  23. Case-Shiller: National House Price Index increased 5.3% year-over-year in November
  24. Tuesday: Case-Shiller House Prices
  25. Vehicle Sales Forecast: Sales to Reach 10-Year High for a January
  26. Dallas Fed: "Texas Manufacturing Activity Falls Sharply" in January
  27. Black Knight: House Price Index up 0.1% in November, Up 5.5% year-over-year
  28. Sunday Night Futures
  29. Gasoline Prices and Exurbia
  30. Schedule for Week of January 24, 2016
  31. DOT: Vehicle Miles Driven increased 4.3% year-over-year in November
  32. Black Knight's First Look at December Mortgage Data
  33. A Few Random Comments on December Existing Home Sales
  34. Existing Home Sales increased in December to 5.46 million SAAR
  35. Chicago Fed: "Index shows economic growth below average in December"
  36. Friday: Existing Home Sales
  37. Private Investment and the Business Cycle
  38. Philly Fed Manufacturing Survey showed "modest" contraction in January
  39. Weekly Initial Unemployment Claims increase to 293,000
  40. Thursday: Unemployment Claims, Philly Fed Mfg Survey
  41. AIA: "Architecture Billings Index Ends Year on Positive Note"
  42. Key Measures Show Inflation close to 2% in December
  43. Comments on December Housing Starts
  44. Housing Starts declined to 1.149 Million Annual Rate in December
  45. MBA: Mortgage Applications Increased in Latest Weekly Survey, Purchase Applications up 17% YoY
  46. Wednesday: CPI, Housing Starts
  47. Mortgage News Daily: "Lenders quoting 30yr fixed rates of 3.875% on top tier scenarios"
  48. ATA Trucking Index increased 1% in December
  49. Existing Home Sales: Take the Over
  50. NAHB: Builder Confidence unchanged at 60 in January
  51. Monday Night Futures
  52. Lawler: Early Read on Existing Home Sales in December and Post-Mortem on November
  53. Update: Predicting the Next Recession
  54. Hamilton: "World oil supply and demand"
  55. Bank Failures by Year
  56. Schedule for Week of January 17, 2016
  57. FNC: Residential Property Values increased 6.0% year-over-year in November
  58. CoStar: Commercial Real Estate prices "Continued Climb" in November, up 12% year-over-year
  59. Preliminary January Consumer Sentiment increases to 93.3
  60. Fed: Industrial Production decreased 0.4% in December
  61. Retail Sales decreased 0.1% in December
  62. LA area Port Traffic Decreased YoY in December
  63. Mortgage News Daily: "Lenders quoting 30yr fixed rates in a range of 3.875% to 4.0%"
  64. NMHC: "Apartment Markets Recede in the January NMHC Quarterly Survey"
  65. Duy: "So You Think A Recession Is Imminent ..."
  66. Weekly Initial Unemployment Claims increase to 284,000
  67. Thursday: Unemployment Claims
  68. Sacramento Housing in December: Sales up 19.6%, Inventory down 28% YoY
  69. Fed's Beige Book: "Economic activity expanded"
  70. Is Oil "Cheap"?
  71. MBA: Mortgage Applications Increased in Latest Weekly Survey, Purchase Applications up 19% YoY
  72. Phoenix Real Estate in December: Sales up 4%, Inventory down 8%
  73. An update on oil prices
  74. U.S. Heavy Truck Sales
  75. BLS: Jobs Openings increased in November
  76. NFIB: Small Business Optimism Index increased slightly in December
  77. Tuesday: Job Openings
  78. Question #1 for 2016: How much will the economy grow in 2016?
  79. Question #2 for 2016: How many payroll jobs will be added in 2016?
  80. Black Knight November Mortgage Monitor: First Time Foreclosure Starts Lowest on Record
  81. Sunday Night Futures: Brent Oil Price Lowest Since 2004
  82. Question #3 for 2016: What will the unemployment rate be in December 2016?
  83. Schedule for Week of January 11, 2016
  84. Merrill: Warm Weather "added nearly 100,000 jobs in December"
  85. Question #4 for 2016: Will the core inflation rate rise in 2016? Will too much inflation be a concern in 2016?
  86. Public and Private Sector Payroll Jobs: Carter, Reagan, Bush, Clinton, Bush, Obama
  87. Comments: Another Strong Employment Report
  88. December Employment Report: 292,000 Jobs, 5.0% Unemployment Rate
  89. Friday: Employment Report
  90. Reis: Mall Vacancy Rate Declined in Q4
  91. Preview: Employment Report for December
  92. Las Vegas Real Estate in December: Sales Increased 20% YoY, Inventory Down
  93. Weekly Initial Unemployment Claims decrease to 277,000
  94. Question #5 for 2016: Will the Fed raise rates in 2016, and if so, by how much?
  95. FOMC Minutes: "some members said that their decision to raise the target range was a close call"
  96. Reis: Apartment Vacancy Rate increased in Q4 to 4.4%
  97. ISM Non-Manufacturing Index Decreased to 55.3% in December
  98. Trade Deficit Decreased in November to $42.4 Billion
  99. ADP: Private Employment increased 257,000 in December
  100. MBA: Mortgage Applications Decreased Over Two Week Period in Latest MBA Weekly Survey, Purchase Applications up 22% YoY
  101. Wednesday: Trade Deficit, ADP Employment, FOMC Minutes, ISM Non-Mfg Index
  102. U.S. Light Vehicle Sales at 17.2 million annual rate in December
  103. Reis: Office Vacancy Rate declined in Q4 to 16.3%
  104. CoreLogic: House Prices up 6.3% Year-over-year in November
  105. Tuesday: Auto Sales
  106. Fed: Q3 Household Debt Service Ratio Very Low
  107. Construction Spending decreased 0.4% in November, Up 10.5% YoY
  108. ISM Manufacturing index decreased to 48.2 in December
  109. Black Knight: House Price Index up 0.2% in October, Up 5.5% year-over-year
  110. Sunday Night Futures
  111. Question #6 for 2016: Will real wages increase in 2016?
  112. Schedule for Week of January 3, 2016
  113. December 2015: Unofficial Problem Bank list declines to 250 Institutions, Q4 2015 Transition Matrix

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