News

What Do GDP Forecasts Signal?

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The final reading of fourth quarter 2022 Gross Domestic Product (GDP) showed that the U.S. economy grew by

Family Hack of the Week 04-03-2023

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April 5 is National Caramel Day. This easy recipe for Caramel Sauce courtesy of the Pioneer Woman is a

Significance of Elevated Continuing Jobless Claims

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The number of people filing for unemployment benefits for the first time rose by 7,000 in the latest week, as

Media Cries Housing Crash but Appreciation Data Says Otherwise

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The Case-Shiller Home Price Index, which is considered the “gold standard” for appreciation,

Signed Contracts Show Housing Is Standing Strong

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Pending Home Sales rose 0.8% from January to February, which was much stronger than expectations and marks

Annual Consumer Inflation Continues to Move Lower

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The Fed’s favorite measure of inflation, Personal Consumption Expenditures (PCE), showed that headline

Family Hack of the Week

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Celebrate the start of baseball season with this Cracker Jack recipe courtesy of Allrecipes. Preheat oven to

Jobless Claims Reflect Tight Labor Market

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Initial Jobless Claims were flat in the latest week, as the number of first-time filers declined by 1,000 to

Existing Home Sales Strong Despite Media Reports

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Existing Home Sales rose 14.5% from January to February to a 4.58 million unit annualized pace, per the

Fed Hikes Rates Another 25 Basis Points

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The Fed hiked its benchmark Fed Funds Rate by 25 basis points at its meeting last Wednesday, marking the

What to Look for This Week

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More housing news is ahead, starting with Tuesday’s release of home price appreciation data for January

Decline in Demand for Big-Ticket Items

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Durable Goods Orders fell 1% in February, coming in much worse than expectations, while January’s

Signed Contracts on New Homes Rise for Third Consecutive Month

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New Home Sales, which measure signed contracts on new homes, rose 1.1% in February to a 640,000-unit

Family Hack of the Week

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March Madness is in full swing. This Homemade Salsa recipe courtesy of the Food Network is sure to score big

Weakness in Manufacturing and Retail Sales

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March brought more negative readings (which signal contraction) reported for manufacturing in the New York