Research

March New Home Sales Rise Sharply

The U.S. Census Bureau and the Department of Housing and Urban Development reported Tuesday morning that sales of new homes in March rose to a seasonally adjusted annual rate of ...
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February Home Prices Surge Again

The S&P CoreLogic Case-Shiller national home price index rose 6.3% year over year in February to a non-seasonally adjusted (NSA) index of 197.01. The month-over-month percentage increase was 0.2%. In ...
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March Existing Home Sales Up 1%

The National Association of Realtors (NAR) reported Monday morning that the seasonally adjusted annual rate of existing home sales in March increased by 1.1% to a seasonally adjusted annual rate ...
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US Oil Rig Count Rises by 5; Crude Price Dips Slightly

In the week ending April 20, 2018, the number of land rigs drilling for oil in the United States totaled 820, up by five compared to the previous week and ...
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Natural Gas Price Trims Loss Following Inventory Drawdown

The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks decreased by 36 billion cubic feet for the week ending April 13. Analysts were expecting a ...
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Spending on Mobile Ads to Top TV Spending in 2018

Spending on advertising to U.S. consumers generally follows those consumers wherever they go. In 2018, they're going to their mobile devices and advertising is expected to follow along. According to ...
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Crude Oil Price Jumps on Inventory Drawdowns

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning showing that U.S. commercial crude inventories decreased by 1.1 million barrels last week, maintaining a total ...
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IMF Economic Outlook Mixed on Growth, Future Risks

The International Monetary Fund (IMF) on Tuesday released the latest update to its World Economic Outlook (WEO), reporting that the global economy grew by 3.8% in 2017 and by 4.0% ...
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European Auto Sales Down 5% in March; Ford Passes FCA

The European Automobile Manufacturers Association (ACEA) reported Wednesday that new vehicle registrations in the European Union (EU) fell by 5.3% in March compared with those in March of 2017. New ...
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March Housing Starts Bounce, but Not High Enough

The U.S. Census Bureau and the Department of Housing and Urban Development reported Tuesday morning that new housing starts in March rose to a seasonally adjusted annual rate of 1.319 ...
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Homebuilder Confidence Slips in April

The National Association of Home Builders (NAHB)/Wells Fargo housing market index (HMI) for April slipped to 69, down one point from the March reading. The HMI posted an 18-year high ...
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Robust Auto Sales Push March Retail Total Above Expectations

U.S. consumer spending increased by 4.5% year over year to $494.6 billion in March, as well as up 0.6% month over month from a downwardly revised February total of $491.8 ...
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US Oil Rig Count Adds 4; Crude Price Doesn’t Blink

In the week ended April 13, 2018, the number of land rigs drilling for oil in the United States totaled 815, a gain of seven compared to the previous week ...
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Natural Gas Price Rises on Higher Demand Last Week

The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks decreased by 19 billion cubic feet for the week ending April 6. The winter heating season ...
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How Self-Driving Trucks Will Take Over Truck Driving Jobs

In a report last year, analysts at Goldman Sachs Economics Research said that as many as 3.1 million U.S. truck driving jobs (all sizes, not just big rigs) are at ...
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