Existing Home Sales Fell in December and Supply Remains Extremely Tight
Sales of existing homes decreased 6.0 percent in December, to a 6.10 million seasonally adjusted annual rate. Sales are down...
Robert Hughes
Weekly Initial Claims for Unemployment Benefits Rise for a Third Consecutive Week
Initial claims for regular state unemployment insurance increased by 55,000 for the week ending January 15, coming in at 286,000...
Housing Permits Were Hot in December but Rising Mortgage Rates May Cool Them Off
Total housing starts rose to a 1.702 million annual rate in December from a 1.678 million pace in November, a...
Manufacturing Output Fell Slightly in December
Industrial production fell 0.1 percent in December following strong gains in October and November. Despite the small setback, output remains...
Retail Spending Fell Sharply in December
Retail sales and food-services spending sank 1.9 percent in December following a 0.2 percent gain in November and a strong...
Weekly Initial Claims for Unemployment Benefits Rise to the Highest Level Since November
Initial claims for regular state unemployment insurance increased by 23,000 for the week ending January 8, coming in at 230,000...
Drop in Gas Holds AIER’s Everyday Price Index Down in December
Motor fuel prices fell 2.1 percent in December, offsetting gains in food prices (both food at home and food away...
AIER Leading Indicators Index Remains Neutral for a Third Consecutive Month
Summary AIER’s Leading Indicators Index was unchanged again in December, holding at the neutral 50 mark for a third consecutive...
Payrolls Recovery Remained Subdued in December
U.S. nonfarm payrolls added 199,000 jobs in December, another disappointing result. The gain follows upwardly revised additions of 249,000 in...
Services-Sector Growth May Have Slowed in December
The Institute for Supply Management’s composite services index fell to 62.0 percent in December, falling 7.1 points from 69.1 percent...
Weekly Initial Claims for Unemployment Benefits Remain Low as Labor Market Remains Tight
Initial claims for regular state unemployment insurance increased by 7,000 in the latest week, coming in at 207,000 (see first...
Unit Auto Sales Fell in December but Assemblies Rose in November
Sales of light vehicles totaled 12.4 million at an annual rate in December, down slightly from a 12.9 million pace...
