From Professor Tim Duy at Fed Watch: Fed Stuck In An Uncomfortable Situation The Federal Reserve faces a most uncomfortable confluence of events as central bankers begin their two-day meeting […]

Seasonally Adjusted Unemployment Rate: 3.7% in Nov 2018 Historical Data Change in Unemployment Level: -100,000 in Nov 2018 Historical Data Change in Employment Level: +233,000 in Nov 2018 Historical Data […]

Earlier: Housing Starts Increased to 1.256 Million Annual Rate in November Total housing starts in November were above expectations (due to the volatile multi-family sector), and starts for September and […]

From the Census Bureau: Permits, Starts and Completions Housing Starts:Privately‐owned housing starts in November were at a seasonally adjusted annual rate of 1,256,000. This is 3.2 percent above the revised […]

From Matthew Graham at Mortgage News Daily: Mortgage Rates Little-Changed Despite Market Gains Mortgage rates were fairly flat yet again today. Unlike Friday, today’s market movement made a case for […]

From Matthew Graham at Mortgage News Daily: Mortgage Rates Little-Changed Despite Market Gains Mortgage rates were fairly flat yet again today. Unlike Friday, today’s market movement made a case for […]

The consensus is that the Fed will increase the Fed Funds Rate 25bps at the meeting this week, however the tone of the statement and press conference will likely be […]

The National Association of Home Builders (NAHB) reported the housing market index (HMI) was at 56 in December, down from 60 in November. Any number above 50 indicates that more builders […]

From the NY Fed: Empire State Manufacturing Survey Business activity grew at a slower pace than in recent months in New York State, according to firms responding to the December […]

The estimates of GDP for the USVI show that real GDP – GDP adjusted to remove price changes – decreased 1.7 percent in 2017 after increasing 0.9 percent in 2016. […]