New Home Sales Jump in March, Reach the Highest Level Since March of Last Year… March new home sales increased 9.6% over February, reaching the highest level since March 2022, but were still down 3.4% ...
Week In Review – January 31 2023
GDP Expanded by 2.9% in the Fourth Quarter, is up 2.2% for the Year… Personal consumption increased 2.1% last quarter and businesses added to inventory. Fixed residential investment dropped. What ...
Week In Review – November 1 2022
Third-Quarter GDP Rose 2.6%, Led by a Shrinking Trade Gap… Imports fell 6.9% while exports rose 14.4%, contributing 2.8% to the quarterly GDP growth. What it means— Third-quarter GDP growth wasn’t ...
Week In Review – August 2 2022
The Federal Reserve Raised the Overnight Federal Funds Rate to a Range of .25% to 2.50%… Investors expected the move and the monetary policy statement didn’t change much, but the markets soared after ...
Week In Review – February 1 2022
Fed Makes it Official: Expect Higher Rates Starting in March... The Federal Reserve announced it intends to start raising interest rates at the March meeting and will end its bond buying at the same ...