Forecast

Below you will find an archive of the Economic & Strategic Research Group's weekly snapshot of current macroeconomic and housing data.

Economic & Housing Weekly Note Archive

2018 (All files are PDF)  

November

11/16 Weekly Note  
  • Economics: Retail Sales and Inflation Push Upward
  • Housing: Mortgage Demand Weakens Amid Easing Lending Standards and Higher Mortgage Rates
11/09 Weekly Note  
  • Economics: Fed Emphasizes a Strong Economy
  • Housing: Home Price Gains Continue to Moderate
11/02 Weekly Note  
  • Economics: Strong Job Growth and Wage Gains
  • Housing: Single-Family Construction Growth Weakens

October

10/26 Weekly Note  
  • Economics: Economic Growth Remains Solid Amid Fixed Investment Weakness
  • Housing: Fewer Sales and More Homes For Sale Push Up Months' Supply of New Homes
10/19 Weekly Note  
  • Economics: Job Openings Reach Series High
  • Housing: Home Building and Existing Sales Both Fall
10/12 Weekly Note  
  • Economics: Continued Tightness in the Labor Market Finally Begins To Push Up Wages
  • Housing: Rising Rates Suppress Purchase Demand and Drive Refinance Demand to an Expansion Low
10/05 Weekly Note  
  • Economics: Solid Economic Growth Likely to Continue
  • Housing: Construction Spending Falls, Suggesting a Decline in Third Quarter Residential Investment

September

09/28 Weekly Note  
  • Economics: Fed Sees Firmer Economic Growth
  • Housing: Mixed Picture for Contract Signings
09/21 Weekly Note  
  • Economics: Forward-Looking Indicators Point to Continued Near-Term Growth
  • Housing: Real Estate and Stocks Lift Household Wealth
09/14 Weekly Note  
  • Economics: Inflation Slows; Job Openings Climb
  • Housing: Construction Workers Wanted
09/07 Weekly Note  
  • Economics: Wage Gains Hit an Expansion Best
  • Housing: Limited Upside Potential for Home Sales, While Home Improvements Lead Construction Spending

August

08/31 Weekly Note  
  • Economics: Inflation and Corporate Profits Rise
  • Housing: No Signs of a Turnaround for Home Sales
08/24 Weekly Note  
  • Economics: Weak Headline Capital Goods Orders Mask Solid Details
  • Housing: Home Sales Continue to Slide, But Price and Rate Trends Offer a Glimmer of Hope for Affordability
08/17 Weekly Note  
  • Economics: Productivity Growth Shows Signs of Life
  • Housing: Lackluster Building Activity and Sentiment
08/10 Weekly Note  
  • Economics: Core Inflation Hits an Expansion High
  • Housing: Construction Workers Wanted; Lending Standards Ease Further amid Strong Home Price Gains
08/03 Weekly Note  
  • Economics: The Labor Market Hums Along
  • Housing: Outlook Remains Cloudy

July

07/27 Weekly Note  
  • Economics: Best Economic Growth in Nearly Four Years
  • Housing: Home Sales Fall; Homeownership Rises
07/20 Weekly Note  
  • Economics: Consumer Spending Poised to Lift Q2 Growth
  • Housing: Second Quarter Home Building Disappoints
07/13 Weekly Note  
  • Economics: Wherefore Art Thou Workers?
  • Housing: Construction Hiring Improves Amid Increased Worker Confidence
07/06 Weekly Note  
  • Economics: Upbeat Hiring; Steady Annual Wage Gains
  • Housing: Construction Spending Is Consistent with a Modest Rebound in Residential Investment

June

06/29 Weekly Note  
  • Economics: Growth Revised Down, Inflation Accelerates
  • Housing: Contract Signings Send Mixed Signals
06/22 Weekly Note  
  • Economics: Solid Growth Outlook for the Rest of 2018
  • Housing: Home Building Scores a Goal, While Sales Flop
06/15 Weekly Note  
  • Economics: Fed Tightens Amid Optimistic Projections
  • Housing: Mortgage Demand Resumes Downward Trend
06/08 Weekly Note  
  • Economics: Trade Expected to Contribute to Growth
  • Housing: Real Estate Wealth Boosts Household Net Worth
06/01 Weekly Note  
  • Economics: Oh Happy Day for Jobs in May!
  • Housing: A Muddled Near-Term Outlook

May

05/25 Weekly Note  
  • Economics: After Likely June Hike, Uncertainty Abounds
  • Housing: Home Sales Tumble
05/18 Weekly Note  
  • Economics: Retail Sales and Industrial Production Rise
  • Housing: Home Building Muddles Along
05/11 Weekly Note  
  • Economics: The Labor Supply Comes Up Short
  • Housing: Mortgage Lending Standards Ease Further
05/04 Weekly Note  
  • Economics: Low Unemployment Doesn't Lift Wage Gains
  • Housing: Market Tries to Shake Off the Winter Blues

April

04/27 Weekly Note  
  • Economics: Once Again, Growth Slows to Start the Year
  • Housing: Home Sales Hit a Soft Patch Last Quarter
04/20 Weekly Note  
  • Economics: Positive Retail Sales Signal Hope for Second Quarter Consumer Spending
  • Housing: A Positive Headline for Starts, But Issues Lurk
04/13 Weekly Note  
  • Economics: Fed Sees Only Upside Risk to Inflation
  • Housing: Refinance Mortgage Demand Hovers Around Expansion Lows
04/06 Weekly Note  
  • Economics: Labor Market Hits a Patch of Turbulence
  • Housing: Residential Construction Spending Disappoints

March

03/30 Weekly Note  
  • Economics: Consumers Are In the Money, But Out of Stores
  • Housing: Pending Home Sales Recover
03/23 Weekly Note  
  • Economics: Fed Raises Rates and Growth Forecast
  • Housing: New Home Sales Miss, Existing Sales Rebound
03/16 Weekly Note  
  • Economics: Retail Sales Disappoint, But Optimism Reigns
  • Housing: A Muddled Picture for Home Building
03/09 Weekly Note  
  • Economics: You Get a Job, and You Get a Job!
  • Housing: Household Net Worth Gain Accelerates
03/02 Weekly Note  
  • Economics: Consumer Spending Loses Steam
  • Housing: Home Sales Face Plant Out of the Starting Gate

February

02/23 Weekly Note  
  • Economics: Fed Sees Above-Par Growth This Year
  • Housing: Existing Home Sales Weaken and Mortgage Demand Falters as Rates Rise
02/16 Weekly Note  
  • Economics: Inflation Data Pushed into the Limelight
  • Housing: Good News on the Home Building Front
02/09 Weekly Note  
  • Economics: Consumer Debt Grows, Trade Deficit Widens
  • Housing: Lending Standards Ease Further; Loan Performance Deteriorates
02/02 Weekly Note  
  • Economics: Strong Wage Gain Puts Fed in a Pickle
  • Housing: A Week of Good News

January

01/26 Weekly Note  
  • Economics: Consumers and Businesses Finish Strong
  • Housing: 2017 Marks Best Sales Performance Since 2006
01/19 Weekly Note  
  • Economics: Industry Gets a Win
  • Housing: Single-Family Starts Stumble at Year End
01/12 Weekly Note  
  • Economics: Consumers Were Filled with Holiday Cheer
  • Housing: Construction Help Wanted; Mortgage Demand Jumps
01/05 Weekly Note  
  • Economics: Job Market Ends 2017 with a Whimper
  • Housing: Construction Spending and Prices Stay Strong
2017 (All files are PDF)