ECONOMIC UPDATES
Monday, January 07
In the News --------------------------------------------------------------------------------Retail sales rose 0.6% for the week ending December 29, according to the ICSC-Goldman Sachs index. On a year-over-year basis, retailers saw sales increase 2.7%. Manufacturing activity rose to 50.7 in D...
ECONOMIC UPDATES
Monday, December 31
In the News Retail sales rose 0.7% for the week ending December 22, according to the ICSC-Goldman Sachs index. On a year-over-year basis, retailers saw sales increase 3.2%. The Standard & Poor's/Case-Shiller 20-city housing price index — on a non-seasonally adjusted basis — fell 0.1% in...
ECONOMIC UPDATES
Monday, December 24
In the News________________________________________The National Association of Home Builders/Wells Fargo monthly housing market index rose two points in December to 47, the highest level since April 2006. This marks the eighth consecutive monthly gain. An index reading below 50 indicates nega...
ECONOMIC UPDATES
Tuesday, December 18
In the News________________________________________The trade deficit increased to $42.2 billion in October from a revised $40.3 billion in September. Exports fell $6.8 billion or 3.6% to $180.5 billion. Imports decreased $4.9 billion or 2.1% to $222.8 billion.Wholesalers increased their inven...
ECONOMIC UPDATES
Tuesday, November 27
In the News -------------------------------------------------------------------------------- The Mortgage Bankers Association said its seasonally adjusted composite index of mortgage applications for the week ending November 9 rose 12.6%. Refinancing applications increased 13%. Purchase volume...
ECONOMIC UPDATES
Monday, November 12
In the News --------------------------------------------------------------------------------The Reuters/University of Michigan consumer sentiment index for November's preliminary reading rose to 84.9 from 82.6 in October. It was the highest level since July 2007.Retail sales fell 0.2% for the...