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  • Fri, Aug 17 2018
  • 11:02 AM » BLS: Unemployment Rates Lower in 11 states in July, Oregon at New Low
    Published Fri, Aug 17 2018 11:02 AM by Calculated Risk Blog
    From the BLS: Regional and State Employment and Unemployment Summary Unemployment rates were lower in July in 11 states , higher in 2 states, and stable in 37 states and the District of Columbia, the U.S. Bureau of Labor Statistics reported today. Ten states had jobless rate decreases from a year earlier and 40 states and the District had little or no change. The national unemployment rate edged down by 0.1 percentage point from June to 3.9 percent and was 0.4 point lower than in July 2017. ... Hawaii had the lowest unemployment rate in July, 2.1 percent. The rate in Oregon (3.9 percent) set a new series low . (All state series begin in 1976.) Alaska had the highest jobless rate, 6.9 percent. In total, 15 states had unemployment rates lower than the U.S. figure of 3.9 percent, 10 states and the District of Columbia had higher rates, and 25 states had rates that were not appreciably different from that of the nation. emphasis added Click on graph for larger image. This graph shows the number of states (and D.C.) with unemployment rates at or above certain levels since January 1976. At the worst of the great recession, there were 11 states with an unemployment rate at or above 11% (red). Currently only one state, Alaska, has an unemployment rate at or above 6% (dark blue).
    Click Here to Read the Full Article

    Source: Calculated Risk Blog
  • 10:08 AM » Consumer sentiment hits 95.3 in Aug., vs. 98 estimate
    Published Fri, Aug 17 2018 10:08 AM by CNBC
    Economists polled by Reuters expected the index to hit 98 in August, up from 97.1 in July.
  • 9:25 AM » Home Prices Up 5.3% in July, Continuing a Trend of Moderating Growth
    Published Fri, Aug 17 2018 9:25 AM by www.redfin.com
    San Jose, Seattle and Portland Posted Double-Digit Inventory Increases for the Second Month in a Row The post Home Prices Up 5.3% in July, Continuing a Trend of Moderating Growth appeared first on Redfin Real-Time .
    Click Here to Read the Full Article

    Source: www.redfin.com
  • 8:42 AM » New Single-Family Home Size Continues Downward Trend
    Published Fri, Aug 17 2018 8:42 AM by eyeonhousing.org
    Continuing a multiyear trend, new single-family home size decreased during the second quarter of 2018. New home size has been falling over the last two years due to an incremental move to additional entry-level home construction. According to second quarter 2018 data from the Census Quarterly Starts and Completions by Purpose and Design and NAHB analysis, median single-family square floor area decreased to 2,344 square... Read More ›
    Click Here to Read the Full Article

    Source: eyeonhousing.org
  • 8:03 AM » Chinese Property Developers Tap Onshore Bonds at the Cheapest Price Tag Ever
    Published Fri, Aug 17 2018 8:03 AM by Bloomberg
    Bloomberg Chinese Property Developers Tap Onshore Bonds at the Cheapest Price Tag Ever Bloomberg China's property developers are selling more bonds in the domestic market -- and at the cheapest rates, helping to ease refinancing pressures at the cash-strapped sector. Builders managed to issue 42 billion yuan ($6 billion) of local notes in July ... and more »
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