All Paper Economy
- Jobless claims fall by 9,000
Seasonally adjusted initial unemployment claims declined by 9,000 to 363,000 jobless claims from a revised 372,000 jobless claims for the prior week.
- Residential prices on the rise in Hong Kong
The price of residential properties in Hong Kong increased 0.19 percent since June according to the University of Hong Kong.
- Mortgage rates up from last week
The latest data from the Mortgage Bankers Association shows that the average rate for a 30-year fixed-rate mortgage increased one basis point to 3.53 percent since last week.
- Home prices increase in August
The S&P/Case-Shiller non-seasonally adjusted Composite-10 price index increased 0.87 percent since August.
- GDP increases 2 percent in Q3
The Bureau of Economic Analysis' first estimate shows that the economy continued to expand in Q3 with real GDP increasing at a tepid annualized rate of 2 percent from Q2 2012.
- Latest Chicago Fed data shows economic improvement in September
The Chicago Federal Reserve National Activity Index climbed from August 2012 to stand at a very weak 0.00 while the three month moving average remained very near contraction territory at -0.37.
- Jobless claims drop by 23,000
The latest data shows a decline in initial jobless claims. Seasonally adjusted unemployment claims declined by a notable 23,000 to 369,000 claims from a revised 392,000 claims for the prior week.
- Home sales up slightly in September
Home sales climbed 0.3 percent since August while increasing 14.5 percent above the level of home sales seen in September 2011.
- The effect of QE3 on mortgages
The average rate for a 30 year fixed rate mortgage increased 6 basis points to 3.52 percent since last week while the purchase application volume declined 8 percent.
- New home sales climb 5.7 percent in September
The US Census Bureau's monthly New Residential Home Sales Report for September showed sales climbing 5.7 percent since August.
- Financial stress remains high in October
A weekly index published by the Federal Reserve Bank of St. Louis shows a continued elevation in financial stress in October 2012.
- Home sales fall 1.7 percent in September
The National Association of Realtors' most recent Existing Home Sales Report shows a decline of 1.7 percent in sales since August. Home sales still rose above 11 percent the level a year ago.
- Jobless claims jump by 46,000
Seasonally adjusted “initial” unemployment claims jumped to 388,000 claims for the prior week while seasonally adjusted “continued” jobless claims dropped to 3.252 million.
- Construction up in September
Construction permits for single family housing jumped 6.7 percent from August 2012. Despite the increase, construction remains 69.7 percent below the peak reached in September 2005.
- Home builder ratings rise in October
The National Association of Home Builders' composite Housing Market Index rose to 41 while the "buyer traffic" index climbed to 35, a level not seen since April 2006.
- Industrial production up in September
Industrial production increased 0.41 percent since August 2012 and rose 2.81 percent above the level seen in September 2011, according to the Federal Reserve.
- Retail sales rise in September
Retail sales increased 1.1 percent in September, according to the US Census Bureau's latest nominal read of retail sales.
- Survey: consumer sentiment on the rise
Consumer sentiment rose in October to its highest level since 2007, according to the Reuters/University of Michigan Survey of Consumers.
- Jobless claims drop by 30,000
Jobless claims fell to 339,000 claims from a revised 369,000 claims for the prior week. Seasonally adjusted 'continued' jobless claims dropped to 3.273 million.
- Mortgage rates flat in latest report
The average rate for a 30-year fixed-rate mortgage went flat at 3.45 percent since last week while the purchase application volume declined 3 percent.