ECONOMIC UPDATES
Monday, September 26
Last Week in the News-------------------------------------------------------------------------------- In a welcome sign of strength, existing home sales rose 7.7% in August to a seasonally adjusted annual rate of 5.03 million units from an upwardly revised 4.67 million units in July. The in...
ECONOMIC UPDATES
Wednesday, September 21
Last Week in the News-------------------------------------------------------------------------------- The Mortgage Bankers Association said its seasonally adjusted composite index of mortgage applications for the week ending September 9 rose 6.3%. Refinancing applications increased 6%. Purc...
ECONOMIC UPDATES
Monday, September 12
Last Week in the News-------------------------------------------------------------------------------- Retail sales fell 0.7% for the week ending September 3, according to the ICSC-Goldman Sachs index. On a year-over-year basis, retailers saw sales increase 2.7%.The Institute for Supply Mana...
ECONOMIC UPDATES
Monday, August 29
Last Week in the News -------------------------------------------------------------------------------- Retail sales fell 1% for the week ending August 20, according to the ICSC-Goldman Sachs index. On a year-over-year basis, retailers saw sales increase 3%.New home sales fell 0.7% in July to ...
ECONOMIC UPDATES
Thursday, August 25
Last Week in the News -------------------------------------------------------------------------------- The National Association of Home Builders/Wells Fargo monthly housing market index was unchanged in August at 15. An index reading below 50 indicates negative sentiment about the housing mar...
ECONOMIC UPDATES
Monday, August 15
Last Week in the News -------------------------------------------------------------------------------- The Mortgage Bankers Association said its seasonally adjusted composite index of mortgage applications for the week ending August 5 rose 21.7%. Refinancing applications increased 30.4%. Purc...