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US-ADP-employment-2023-07-07-wage-increases-stayers-changers_

by Wolf Richter • Jul 7, 2023 • 0 Comments

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Recession Not Yet: Retail Sales Help Push Up Atlanta Fed GDPNow to +3.0% for Q3 GDP

by Wolf Richter • Sep 17, 2024

As retail sales rose despite dropping prices of goods, inflation-adjusted retail sales – adjusted for this deflation in goods – rose even faster: hence the jump in GDPNow.

Used-Vehicle Unit Sales Jump. Those Much Lower Prices Bring Out the Buyers

by Wolf Richter • Sep 16, 2024

But inventories of 2- to 3-year-old vehicles are tight because of the new-vehicle shortages 2 and 3 years ago.

The Most Splendid Housing Bubbles in Canada, August: Home Prices -3.9% YoY, -16% from Peak with Biggest Drops in Toronto, Hamilton-Burlington, Victoria, Ottawa as Montreal, Vancouver Dip

by Wolf Richter • Sep 16, 2024

In Calgary, the first drop after a relentless surge. Edmonton and Quebec City set new highs.

Money Market Funds, Large CDs, Small CDs, and T-Bills: Americans and their Huge Piles of Interest-Earning Cash

by Wolf Richter • Sep 13, 2024

Households’ money market fund & CD balances rise to a record $7.4 trillion; “savings” are far from depleted, they’re bigger than ever.

The Most Splendid Housing Bubbles in America: Price Declines Spread to 25 Metros of Top 28, with 19 Below 2022 Peaks. 3 Set New Highs

by Wolf Richter • Sep 12, 2024

Biggest declines: San Francisco, San Jose, Austin, Denver, San Diego, Seattle, Dallas, Salt Lake City, Honolulu, Phoenix, Portland, Houston, Los Angeles, Nashville, Charlotte, Tampa