Latest Inflation Data Beats Expectations; Consumers Still Spending
While still ticking upward, the PCE index—the Federal Reserve’s preferred measure of price increases—rose less than expected today, fueling optimism ...
Tag: Economy
NAR Outlines What a Government Shutdown Would Mean for the Real Estate Economy
If Congress is unable to agree on the provisions of a Continuing Resolution (CR) to fund the federal government by ...
Consumer Confidence Sees Another Dip in September
Consumer confidence fell for the second month in a row, from 108.7 in August to 103 in September, according to ...
The States Where Residents Feel the Most, and Least, Pressure to Move
With many economic headwinds shaking up many people’s financial and housing situations, there are many in the housing market who ...
Fed Pauses, But Projects Higher Rates Next Year
For just the second time in 19 months, the Federal Reserve chose today to meet without raising interest rates, leaving ...
Inflation Nudges Up, Adding to Rate Worries
The latest report on Personal Consumption Expenditures (PCE) showed prices climbing by 0.3% from last month, an expected but still ...
Job Gains Slow, but Remain Solid–Here’s What It Means for Housing
Ask any real estate professional about the macroeconomic challenges they’re facing today, and you’ll get an answer including both “inflation” ...
Consumer Spending Data Provides Further Signs of Cooling Inflation
In the wake of the Federal Reserve ending its short-lived “pause” on rate hikes, the latest personal consumption expenditure (PCE) ...
Fed Provides Little Clarity After Raising Rates to 22-Year High
An unsurprising 25-basis-point rate hike announced by the Federal Reserve today–something that real estate economists urged against–is placing the housing ...
Consumer Confidence Continues to Grow in July
Consumer confidence increased again, from 109.7 in June to 117 in July, according to the latest data from The Conference ...
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