ECONOMIC UPDATES
Tuesday, October 16
In the News -------------------------------------------------------------------------------- Retail sales rose 0.2% for the week ending October 6, according to the ICSC-Goldman Sachs index. On a year-over-year basis, retailers saw sales increase 2.8%.The Mortgage Bankers Association sa...
ECONOMIC UPDATES
Monday, October 08
In the News -------------------------------------------------------------------------------- The Mortgage Bankers Association said its seasonally adjusted composite index of mortgage applications for the week ending September 28 rose 16.6%. Refinancing applications increased 20%. Purchase vol...
ECONOMIC UPDATES
Tuesday, September 25
In the News -------------------------------------------------------------------------------- The National Association of Home Builders/Wells Fargo monthly housing market index rose three points in September to 40, the highest level since June 2006. This marks the fifth consecutive monthly gai...
ECONOMIC UPDATES
Tuesday, September 18
In the News -------------------------------------------------------------------------------- The Mortgage Bankers Association said its seasonally adjusted composite index of mortgage applications for the week ending September 7 rose 11.1%. Refinancing applications increased 12%. Purchase volu...
ECONOMIC UPDATES
Monday, September 10
In the News -------------------------------------------------------------------------------- Motor vehicle sales rose 2.8% in August to an annualized sales rate of 14.5 million cars and light trucks. It was the fastest pace since August 2009. Compared to August 2011, motor vehicle sales have ...
ECONOMIC UPDATES
Tuesday, August 21
Last Week in the News -------------------------------------------------------------------------------- The National Association of Home Builders/Wells Fargo monthly housing market index rose two points in August to 37, the highest level since February 2007. An index reading below 50 indicates...