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MHN Rankings

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Listicles

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Metrics

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Matrix Reports

07-labor-economy (1)

Labor/Economy

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REITs

‘Economy Watch’ Podcast with Dees Stribling: Debt Ceiling Crisis Delayed

Debt ceiling crisis delayed, and a good enough week for housing.

Economy Watch: Initial Jobless Claims Lower Than Expected

Initial unemployment claims were down for the week ending Jan. 19 to 333,000, a decrease of 5,000 from the previous week, according to the U.S. Department of Labor,

Economy Watch: Multifamily Expansion Slows

According to NMHC, for the first time since 2010, two of the four indexes—market tightness (coming in at 45) and sales volume (which was 49)—dipped below 50, though just barely

Economy Watch: President States His Intentions

In his second inaugural address on Monday, President Obama touched on a number of presumed priorities of his second term, including economic policy.

Economy Watch: Housing Starts Spike

The Census Bureau reported that private housing starts in December came in at an annualized rate of 954,000 units. That’s 12.1 percent more than the revised November total of 851,000, and a whopping 36.9 percent above the rate of 697,000 in December 2011.

Economy Watch: Beige Book Reports ‘Strong’ Residential Growth

The Federal Reserve released the latest Beige Book, which reported “all 12 Districts characterizing the pace of growth as either modest or moderate.”

Economy Watch: Retail Sales Better Than Expected in December

The Census Bureau reported on Tuesday that U.S. retail sales were up 0.5 percent from November to December (important note: the figures are adjusted for seasonal variation, but not price changes).

Economy Watch: Fed Chairman to Congress: Pay Your Bills

Fed chairman Ben Bernanke gave a speech at the University of Michigan on Monday, characterizing the U.S. economy as in a “relatively fragile recovery,” and noting that there has been only “modest improvement” in the labor market.

Economy Watch: Trade Deficit Up

The U.S. Department of Commerce reported that the trade deficit (both goods and services) was up to $48.7 billion in November, compared with $42.1 billion in October.