All Paper Economy
- Mortgage rates drop to 3.52 percent
Mortgage rates declined 4 basis points to 3.52 percent since last week, according to the latest mortgage rates data from the Mortgage Bankers Association.
- Housing starts surge 7 percent in March
Housing starts increased 7 percent in March, according to Tuesday's New Residential Construction Report. Multi-unit housing starts had a notable monthly increase of 26.9 percent.
- Retail sales down in March
Retail sales declined 0.4 percent in March 2013, according to the US Census Bureau's latest nominal read of retail sales.
- Jobless claims drop to 346,000
Jobless claims declined by a notable 42,000 to 346,000 claims from 388,000 jobless claims for the prior week.
- Food stamp use down in January
Food stamp use dropped in January as 514,518 individual recipients were removed from the food stamps program with the current total still increasing 1.78 percent on a year-over-year basis.
- Unemployment drops to 7.6 percent in March
Unemployment declined to 7.6 percent in March, according to the Bureau of Labor Statistics. Total unemployment, including marginally attached workers, declined to 13.8 percent.
- Hiring slows as economy adds only 88,000 jobs in March
The US economy added only 88,000 jobs in March, according to Friday's Employment Situation Report. The unemployment rate declined to 7.6 percent over the same period.
- Mortgage rates drop to 3.62 percent
Mortgage rates declined 3 basis points to 3.62 percent since last week, according to the latest mortgage rates data from the Mortgage Bankers Association.
- ADP: Private employers add 158,000 jobs in March
ADP data shows that private employers added 158,000 jobs in March, according to the latest National Employment Report from private staffing and business services firm ADP.
- Construction spending increases in February
Construction spending increased 2.17 percent in February 2013, according to the US Census. That's 20.08 percent above the construction spending level seen in February 2012.
- Jobless claims rise. More than 5 million on unemployment rolls.
Initial jobless claims increase 16,000 to reach 357,000. Continued unemployment claims keep declining, but nearly 5.4 million Americans are still on state or federal unemployment rolls.
- Pending home sales decline in February
Pending home sales declined with the seasonally adjusted national index dropping 0.4 percent from January 2013, according to the latest Pending Home Sales Report from the National Association of Realtors.
- Home sales slip 4.6 percent in February
Home sales fell 4.6 percent from January 2013, according to Tuesday's New Residential Home Sales Report from the US Census Bureau.
- Case-Shiller: Home prices up slightly in January
S&P/Case-Shiller home price indices for January show a slight increase in home prices since December 2012. The latest S&P/Case-Shiller home prices data is beginning to demonstrate more resiliency than seen in recent years.
- Jobless claims rise to 336,000
Jobless claims increased by 2,000 to 336,000 claims from 334,000 claims for the prior week, according to Thursday's jobless claims report.
- MBA: Mortgage rates stay flat at 3.67 percent
Mortgage rates went flat at 3.67 percent since last week, according to the latest mortgage rates data from the Mortgage Bankers Association.
- Housing construction shows broad growth in February
Housing indicators showed improvement in February, according to Tuesday's New Residential Construction Report. Single-family housing permits, the most leading of indicators, rose 2.7 percent from January 2013 to 600,000 single-family units.
- Housing market activity drops in March
Housing market activity declined in March with National Association of Home Builders' composite Housing Market Index falling to 44.
- Industrial production rises in February
Industrial production climbed 0.71 percent in February, according to the Federal Reserve's monthly read of industrial production and capacity utilization.
- Jobless claims drop by 10,000
Jobless claims declined by 10,000 to 332,000 claims from 342,000 claims for the prior week, according to Thursday's jobless claims report from the Department of Labor.