Finance and Economics
Thursday, June 30, 2022
Las Vegas May 2022: Visitor Traffic Down 6.6% Compared to 2019
Note: I like using Las Vegas as a measure of recovery for both leisure (visitors) and business (conventions). From the Las Vegas Visitor A...
Hotels: Occupancy Rate Down 4.1% Compared to Same Week in 2019
From CoStar: STR: US Hotels Set Another Record for Revenue Per Available Room U.S. hotel performance continued to climb with another weekly...
Realtor.com Reports Weekly Inventory Up 25% Year-over-year
Today, in the Calculated Risk Real Estate Newsletter: Realtor.com Reports Weekly Inventory Up 25% Year-over-year Excerpt: Realtor.com has...
Personal Income increased 0.5% in May; Spending increased 0.2%
The BEA released the Personal Income and Outlays report for May: Personal income increased $113.4 billion (0.5 percent) in May , according...
Weekly Initial Unemployment Claims at 231,000
The DOL reported : In the week ending June 25, the advance figure for seasonally adjusted initial claims was 231,000 , a decrease of 2,000...
Wednesday, June 29, 2022
Thursday: Personal Income & Outlays, Unemployment Claims, Chicago PMI
Thursday: • Early, Census Bureau to Release Vintage 2021 Population Estimates (this might be delayed) • At 8:30 AM, The initial weekly u...
Update: Framing Lumber Prices Down 21% Year-over-year; Still up Sharply from Pre-pandemic Levels
Here is another monthly update on framing lumber prices. This graph shows CME random length framing futures through June 29th. Lumber was...
Worst Housing Affordability" since 1991 excluding Bubble; Real House Prices and Price-to-Rent Ratio in April
Today, in the Calculated Risk Real Estate Newsletter: Worst Housing Affordability" since 1991 excluding Bubble Excerpt: I’ve put toge...
Q1 GDP Growth Revised down to minus 1.6% Annual Rate
From the BEA: Gross Domestic Product (Third Estimate), GDP by Industry, and Corporate Profits (Revised), First Quarter 2022 Real gross dom...
MBA: Mortgage Applications Increase in Latest Weekly Survey
From the MBA: Mortgage Applications Increase in Latest MBA Weekly Survey Mortgage applications increased 0.7 percent from one week earlie...
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