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8 hours ago

Fannie and Freddie: Single Family Serious Delinquency Rates Decreased in March; Multi-Family Delinquency Rate Equals Highest Since 2011 (ex-Pandemic)

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

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

13 hours ago

April Employment Report: 177 thousand Jobs, 4.2% Unemployment Rate

From the BLS: Employment Situation
Total nonfarm payroll employment increased by 177,000 in April, and the unemployment rate was unchanged at 4.2 percent, the U.S. Bureau of Labor Statistics reporte…

16 hours ago

Trump moves Mike Waltz from national security adviser to UN ambassador role

Move comes after Waltz lost officials’ confidence, sources say, with Marco Rubio to take on national security job

Donald Trump’s national security adviser, Mike Waltz,…

ISM® Manufacturing index Decreased to 48.7% in April

(Posted with permission). The ISM manufacturing index indicated expansion. The PMI® was at 48.7% in April, down from 49.0% in March. The employment index was at 46.5%, up from 44.7% the previous m…

Light Vehicles Sales "Beat the tariff" at 17.3 million SAAR in April

Wards Auto released their estimate of light vehicle sales for April: Tariff-Induced Buying Pumps U.S. Light-Vehicle Sales for Second Month in April (pay site).
Tariff-related buying lifted sales over …

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