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US-new+existing-homes-for-sale-2023-06-24-inventory-combined

by Wolf Richter • Jun 24, 2023 • 0 Comments

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PPI Inflation Accelerates to +3.3%, Driven by “Core Services,” +4.0%, both the Worst Readings in Nearly 2 Years

by Wolf Richter • Jan 14, 2025

2024, the year of sharp acceleration. Services, accounting for two-thirds of PPI, are where inflation is festering and accelerating.

Some Basics about U.S. Tariffs, and What Trump’s New Economic Team Said about Tariffs

by Wolf Richter • Jan 13, 2025

“In the real world, we have a one-sided free-trade policy in which America isn’t nearly as protectionist as other countries.”

The Most Splendid Housing Bubbles in America, Dec 2024: In 21 of the 33 Metros, Prices Have Now Dropped Below 2022 Peaks

by Wolf Richter • Jan 12, 2025

State of housing markets in New York, Los Angeles, San Diego, San Francisco, San Jose, Chicago, Dallas-Ft. Worth, Houston, Washington D.C., Philadelphia, Miami, Atlanta, Boston, Phoenix, Seattle, Tampa, Denver, Baltimore, Charlotte, Portland, Austin, Las Vegas, Kansas City…

Treasury Yield Curve Steepens, as Long-Term Yields Coddle Up to 5% while Short-Term Yields Stay Put, Not Seeing Any Rate Cuts. Mortgage Rates Rise to 7.24%

by Wolf Richter • Jan 11, 2025

30-year Treasury bonds sold at auction on Friday at highest yield in at least 16 years despite Fed’s 100 basis points in rate cuts.

This Strength of the Labor Market & Economy, amid Accelerating Inflation, Puts the Fed Back into Wait-and-See Mode

by Wolf Richter • Jan 10, 2025

Huge upward adjustment of total employment coming in February when the BLS incorporates the wave of immigrants into the data.

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