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Economics

Do Homebuilders Have An Inventory Problem?

Economic Data Joseph Y. Calhoun, III -
Housing starts and building permits both rose in June: Building Permits Privately-owned housing units authorized by building permits in June were at a seasonally adjusted annual...

Inflation Reports Offer Conflicting Information

Economic Data Joseph Y. Calhoun, III -
The Bureau of Labor Statistics released the Consumer and Producer Price indexes this week. Consumer prices fell 0.1% in June while Producer prices rose...
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Why Is A Software Company Investing in Saks/Neiman Marcus?

Commentary Joseph Y. Calhoun, III -
July 3 (Reuters) - The parent of Saks Fifth Avenue agreed to buy rival Neiman Marcus, a person familiar...

US Adds 206,000 Jobs In June

Economic Data Joseph Y. Calhoun, III -
Total nonfarm payroll employment increased by 206,000 in June, and the unemployment ratechanged little at 4.1 percent, the U.S....

Services PMIs

Economic Data Joseph Y. Calhoun, III -
S&P Global US Services PMI and the ISM Services PMI were both released today with contradictory readings on the...

ADP Employment Report: US Adds 150,000 Jobs In June

Economic Data Joseph Y. Calhoun, III -
ROSELAND, N.J. – July 3, 2024 – Private sector employment increased by 150,000 jobs in June and annual pay...

Construction Spending

Economic Data Joseph Y. Calhoun, III -
Total ConstructionConstruction spending during May 2024 was estimated at a seasonally adjusted annual rate of $2,139.8 billion, 0.1 percent...

Chicago Fed National Activity Index

Economic Data Joseph Y. Calhoun, III -
The Chicago Fed National Activity Index (CFNAI) is a monthly index designed to gauge overall economic activity and related...
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