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Latest News Tag: Market Trends

Jobs, Inflation and the Fed

Last Week in Review: The April Jobs Report disappointed while inflation ticked up in March. Plus, the Fed met. The Jobs Report for April was a bit of a disappointment, as job creation rose from March but came in below expectations. There were 164,000 new jobs added in April, below the 190,000 expected, the Bureau […]

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Home Sales Rise, Inventory Still Lean

Last Week in Review: Home sales increased in March, though inventory remains a challenge. First quarter GDP fell but beat expectations. March Existing Home Sales rose 1.1 percent from February to an annual rate of 5.60 million units, the National Association of REALTORS® reported. However, sales were down 1.2 percent from March 2017 due in […]

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Housing Starts, Retail Sales Rise

Last Week in Review: Retail Sales and Housing Starts blossom in March. Retail Sales rose 0.6 percent in March, above the 0.4 percent expected and up from the decline of 0.1 percent in February, the Commerce Department reported. Leading the boost was spending on automobiles and health and personal care items. Consumer spending makes up […]

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Consumer Inflation Remains Tame

Last Week in Review: Inflation remained tame in March, though the Fed still expects it to rise this year. The Consumer Price Index (CPI) fell 0.1 percent in March, below the expected gain of 0.1 percent, the Bureau of Labor Statistics reported. Lower gas prices at the pump were to blame for the first decline […]

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March Job Growth Slows

Last Week in Review: March job growth came in lower than expected, while home prices continue to rise. Just 103,000 jobs were created in March, much lower than the 175,000 expected, the Bureau of Labor Statistics reported. February's report was revised higher to 326,000 new jobs from 313,000, while January was revised lower to 176,000 […]

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Inflation Tame, GDP Edged Lower

Last Week in Review: GDP edged lower in fourth quarter 2017, while inflation remained tame in February. Fourth quarter 2017 Gross Domestic Product (GDP) edged lower to 2.9 percent, down from 3.2 percent in the third quarter, the Bureau of Economic Analysis reported. However, the report showed that consumer spending rose 4.0 percent, up from […]

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Fed Hikes Rates

Last Week in Review: Sales of new and existing homes showed different results in February while the Fed raised the Fed Funds Rate. February Existing Home Sales rose 3 percent from January to an annual rate of 5.54 million, above the 5.42 million expected, the National Association of REALTORS® (NAR) reported. Gains were seen in […]

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