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March Employment Report: 228 thousand Jobs, 4.2% Unemployment Rate

From the BLS: Employment Situation
Total nonfarm payroll employment rose by 228,000 in March, and the unemployment rate changed little at 4.2 percent, the U.S. Bureau of Labor Statistics reported to…

31 days ago

Hotels: Occupancy Rate Increased 4.4% Year-over-year (Easter Timing boosted YoY Occupancy)

<div>From STR: U.S. hotel results for week ending 29 March</div>
On the positive side of the Easter calendar shift, the U.S. hotel industry reported increases across the key performance metrics, acco…

Trade Deficit decreased to $122.7 Billion in February

The Census Bureau and the Bureau of Economic Analysis reported:
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $122.7 billion…

Philly Fed: State Coincident Indexes Increased in 47 States in January (3-Month Basis)

From the Philly Fed:
The Federal Reserve Bank of Philadelphia has released the coincident indexes for the 50 states for January 2025. Over the past three months, the indexes increased in 47 states

32 days ago

MBA: Mortgage Applications Decrease in Latest MBA Weekly Survey

From the MBA: Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 1.6 percent from one week earlier, according to data from the Mortgage Bankers Association’s …

33 days ago

Economic Tailwinds and Headwinds

After the election in November 2016, I pointed out that the economy was solid, that there were significant economic tailwinds and that it was unlikely that Mr. Trump would do everything he said durin…

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