Items Tagged with 'Econoday'


  • Monday Morning Cup of Coffee: Is the housing economy about to take a big turn for the worse?

    Two expert reports indicate a strong chance
    Last week saw an unrelenting rush of bad economic news, starting with continued weakness in inflation and including trouble for consumer spending, consumer confidence, housing, manufacturing and inventories. And it looks to get even worse this week. Read the latest in your Monday Morning Cup of Coffee.
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  • Homebuilder market index remains unchanged

    Last change was slight decrease in January
    The housing market index remains unchanged from the past three months. Job availability and low mortgage rates may be pluses, but the low traffic in the market shows some first-time homebuyers still prefer to rent.
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  • Fewer people filing for unemployment

    Jobless claims fall by 9,000 filings
    The latest jobs report from the Department of Labor gives a positive forecast for the market. Although initial jobless claims inched higher the last several weeks, they are still holding near record lows. And the declines are predicted to continue.
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  • Jobless claims post highest reading since July 2015

    Surpasses consensus expectations
    Jobless claims increased to 293,000 filings for the week ending Jan. 16, surpassing an industry consensus of 275,000. In Econoday’s analysis of the report, it noted that while there were no special factors affecting the data, volatility in this series is not unusual at the start of the year.
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  • Financial sector continues bleeding jobs

    Sector records 60,962 job cuts for 2013
    Despite overall improvement in the 2013 jobs market, the financial sector took a beating this past year, becoming the industry where employers cut the most. The sector recorded 60,962 job cuts for 2013, up 49% from 41,008 in 2012.
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  • HW 30 posts mixed results

    Weak consumer sentiment, Fed hopes contribute to volatility
    Stocks on the HW 30 — HousingWire’s exclusive list of mortgage-related companies — were a mixed bag Friday, with some landing in positive territory and others falling short.
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  • Housing begins to see signs of normalcy, but will it last?

    Industry experts react to pricing reports
    Several reports were released Tuesday that implied continued success for home prices in the U.S. — a sure sign that the housing market is back on its feet. The Federal Housing Administration home price index and the Standard & Poor’s/Case-Shiller HPI, both came out with relatively positive data.
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