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Existing Home Sales Rose 20.7% in June

Existing Home Sales Rose 20.7% in June US existing home sales rose 20.7 percent in June as low mortgage rates and re-openings around the US helped push sales up from May. CFNAI Increased in June Led by improvements in production and employment related indicators, the Chicago Fed National Activity Index (CFNAI) increased to +4.11 in [...]

2020-07-27T16:53:27-04:00A View|

Texas Factory Activity Rebounded Strongly

Texas Factory Activity Rebounded Strongly Texas factory activity rebounded strongly, according to the Federal Reserve Bank of Dallas released its Texas Manufacturing Outlook Survey for June and the business executives responding to the survey. The Production Index, a key measure of manufacturing conditions, climbed from -28.0 to 13.6, indicating moderate expansion in output. Other measures [...]

2020-07-27T16:41:12-04:00A View|

Record US Retail Sales in May

Record US Retail Sales in May Record US retail sales rose to 18% in May. Total spending remained below pre-pandemic spending...but it is certainly headed in the right direction. June Manufacturing Business Outlook Survey Reports Positive Indicators The Federal Reserve Bank of Philadelphia released its June Manufacturing Business Outlook Survey and reports current indicators for [...]

2020-06-26T15:28:25-04:00A View|

Small Business Optimism Index ROSE in May

Small Business Optimism Index ROSE in May The NFIB Small Business Optimism Index ROSE 3.5 points to 94.4 in May. As expected, it remains below its level prior to covid, but the forward-looking components are improving as the economy re-opens, also as expected. Racism… I will confidently say that the great majority of Americans are [...]

2020-06-15T14:14:20-04:00A View|

My Views

My Views According to the Article 1 branch of the Constitution; Section 5 Neither House, during the Session of Congress shall, without the Consent of the other, adjourn for more than three days, nor to any other place than that in which the two Houses shall be sitting." I am assuming the Democrats do not [...]

2020-05-12T12:46:28-04:00A View|