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54 days ago

Cleveland Fed: Median CPI increased 0.3% and Trimmed-mean CPI increased 0.3% in February

The Cleveland Fed released the median CPI and the trimmed-mean CPI.

According to the Federal Reserve Bank of Cleveland, the median Consumer Price Index rose 0.3% in February. The 16% trimmed-mean Co…

56 days ago

59 days ago

February Employment Report: 151 thousand Jobs, 4.1% Unemployment Rate

From the BLS: Employment Situation
Total nonfarm payroll employment rose by 151,000 in February, and the unemployment rate changed little at 4.1 percent, the U.S. Bureau of Labor Statistics reported…

61 days ago

Los Angeles sues power utility, alleging equipment sparked deadly wildfire

Southern California Edison accused over Eaton fire, which killed 17 people and destroyed nearly 10,000 structures

Los Angeles county is suing Southern California Edison, alleging the utility’s equipme…

62 days ago

Fannie and Freddie: Single Family Serious Delinquency Rates Increased in January; Fannie Mae Multi-Family Delinquency Rate Highest Since 2011 (ex-Pandemic)

Today, in the Calculated Risk Real Estate Newsletter: Fannie and Freddie: Single Family Serious Delinquency Rates Increased in January

Excerpt:
Freddie Mac reported that the Single-Family serious de…

Vehicles Sales Increase to 16.00 million SAAR in February

Wards Auto released their estimate of light vehicle sales for January: Despite Affordability Headwind, U.S. Light-Vehicle Sales Rise 3.4% in February (pay site).
Continuing January’s trend, market str…

63 days ago

ISM® Manufacturing index Decreased to 50.3% in February

(Posted with permission). The ISM manufacturing index indicated expansion. The PMI® was at 50.3% in February, down from 50.9% in January. The employment index was at 47.6%, down from 50.3% the pre…

Final Look at Local Housing Markets in January and a Look Ahead to February Sales

Today, in the Calculated Risk Real Estate Newsletter: Final Look at Local Housing Markets in January and a Look Ahead to February Sales

A brief excerpt:
After the National Association of Realtors® (N…

Monday: ISM Mfg, Construction Spending, Vehicle Sales

Weekend:
• Schedule for Week of March 2, 2025

Monday:
• At 10:00 AM ET, ISM Manufacturing Index for February. The consensus is for the ISM to be at 50.8, down from 50.9 in January. 

• At 10:00 AM,

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