Browsing Posts In: consumers spending

March 14, 2017 Posted by: George Ratiu, Director, Quantitative and Commercial Research

Economic activity continued on an upward trend in the last quarter of 2016, but at a slower pace, as the first estimate of real gross domestic product (GDP) from the Bureau of Economic Analysis documented. Preliminary figures indicated that GDP rose at an annual rate of 1.9 percent, on par with the average 1.9 percent […]

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Posted by: George Ratiu, Director, Quantitative and Commercial Research

Economic activity continued on an upward trend in the last quarter of 2016, but at a slower pace, as the first estimate of real gross domestic product (GDP) from the Bureau of Economic Analysis documented. Preliminary figures indicated that GDP rose at an annual rate of 1.9 percent, on par with the average 1.9 percent […]

... Read More

January 29, 2016 Posted by: Lawrence Yun, PhD., Chief Economist and Senior Vice President

Economic growth was feeble in the final quarter of 2015, rising only 0.7 percent. One bright spot, however, was the housing sector, which through new home construction and rising home sales drove housing investment to rise by 8.2 percent. It will be the housing sector growth that will keep the U.S. economy to avoid recession […]

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September 3, 2015 Posted by: George Ratiu, Director, Quantitative and Commercial Research

The economy performed better than expected in the second quarter of this year. Recently revised data show that real gross domestic product (GDP) advanced at an annual rate of 3.7 percent, to $16.3 trillion, according to the Bureau of Economic Analysis’s (BEA) second estimate. Payroll employment continued rising, underpinning growing demand for commercial spaces. During […]

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March 12, 2015 Posted by: Lawrence Yun, PhD., Chief Economist and Senior Vice President

Consumers spent far less at gas stations due to lower gasoline prices. The saved money, however, did not lead to higher sales at clothing and department stores.  Sales at furniture and home furnishing stores also declined.  One area where retail sales did rise was at sporting and hobby stores. In detail, retail sales fell 0.6 […]

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August 28, 2014 Posted by: Lawrence Yun, PhD., Chief Economist and Senior Vice President

The economy popped out nicely in the second quarter.  The measurement of everything Americans produced increased by 4.2 percent.  Such a growth rate, if it can be sustained, means measurably higher future income and about 3 million net new jobs a year. Looking at the subcomponents, consumer spending rose by 2.5 percent, while business spending […]

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August 14, 2014 Posted by: Lawrence Yun, PhD., Chief Economist and Senior Vice President

Consumer spending at retail shops is growing less robustly now than before.  Retail sales in July were up 3.7 percent from one year ago, and marked a deceleration from the 5-to-7 percent growth experienced in recent past years during economic recovery periods.  The retail vacancy rates will therefore barely move down from the current high […]

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May 1, 2013 Posted by: scott

In each Economic Update, the Research staff analyzes recently released economic indicators and addresses what these indicators mean for REALTORS® and their clients. Today’s update discusses construction spending, the ISM index, ADP payroll figures, and mortgage purchase applications. A stream of fresh economic data appears on the first day of every month. Here is a […]

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Posted by: scott

In each Economic Update, the Research staff analyzes recently released economic indicators and addresses what these indicators mean for REALTORS® and their clients. Today’s update discusses construction spending, the ISM index, ADP payroll figures, and mortgage purchase applications. A stream of fresh economic data appears on the first day of every month. Here is a […]

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January 27, 2012 Posted by: scott

Each day the Research staff takes a look at recently released economic indicators, addressing what these indicators mean for REALTORS® and their clients. Today’s update discusses GDP, consumer spending and consumer sentiment. GDP, which measures total production in the country, rose 2.8 percent in the fourth quarter. Another interpretation is that the income of everyone […]

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