Tag: Finance

trade

Calculated Risk: Friday: Employment Report

by Calculated Risk on 12/01/2022 09:08:00 PM Mortgage rates are down a full percentage point in just over 3 weeks. Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. My November Employment Preview Friday:• At 8:30 AM ET, Employment Report for November.   The consensus is for 200,000 jobs added, and for […]

technology

Apple Buying More Twitter Ads Despite Elon Musk Claims: Report

Photo: XanderSt (Shutterstock) On Monday, Elon Musk picked a public fight with Apple, accusing the company of freezing its advertising on Twitter and wondering aloud if the alleged pause was because “they hate free speech in America.” In fact, Apple spent $84,615 on Twitter ads that very same day, according to data from Pathmatics, a […]

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Vehicles Sales Declined to 14.14 million SAAR in November

by Calculated Risk on 12/01/2022 07:24:00 PM Wards Auto released their estimate of light vehicle sales for November. Wards Auto estimates sales of 14.14 million SAAR in November 2022 (Seasonally Adjusted Annual Rate), down 5.1% from the October sales rate, and up 7.9% from November 2021.  Click on graph for larger image. This graph shows […]

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Calculated Risk: November Employment Preview

by Calculated Risk on 12/01/2022 06:08:00 PM On Friday at 8:30 AM ET, the BLS will release the employment report for November. The consensus is for 200,000 jobs added, and for the unemployment rate to be unchanged at 3.7%. There were 261,000 jobs added in October, and the unemployment rate was at 3.7%.Click on graph […]

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Mortgage Serious Delinquency Rate Decreased in October

by Calculated Risk on 12/01/2022 03:09:00 PM Fannie Mae reported that the Single-Family Serious Delinquency decreased to 0.67% in October from 0.69% in September. The serious delinquency rate is down from 1.46% in October 2021.  This is close to pre-pandemic levels. These are mortgage loans that are “three monthly payments or more past due or […]

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Rents Falling Faster than “Seasonality Alone”

by Calculated Risk on 12/01/2022 12:16:00 PM Today, in the Calculated Risk Real Estate Newsletter: Rents Falling Faster than “Seasonality Alone” A brief excerpt: Here is a graph of the year-over-year (YoY) change for these measures since January 2015. All of these measures are through October 2022 (Apartment List through November 2022). Note that new […]

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Construction Spending Decreased 0.3% in October

by Calculated Risk on 12/01/2022 10:19:00 AM From the Census Bureau reported that overall construction spending increased: Construction spending during October 2022 was estimated at a seasonally adjusted annual rate of $1,794.9 billion, 0.3 percent below the revised September estimate of $1,800.1 billion. The October figure is 9.2 percent above the October 2021 estimate of […]

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Inflation Adjusted House Prices 3.3% Below Peak

by Calculated Risk on 11/30/2022 10:48:00 AM Today, in the Calculated Risk Real Estate Newsletter: Inflation Adjusted House Prices 3.3% Below Peak Excerpt: It has been over 16 years since the bubble peak. In the Case-Shiller release yesterday, the seasonally adjusted National Index (SA), was reported as being 62% above the bubble peak in 2006. However, in […]