Economics & Business News

Economic Outlook: Cooling Interest Rates, New-Home Market Strength Expected in 2024

Single-family starts and sales are projected to grow in 2024, while falling mortgage rates will likely influence increased supply in the resale market. Zonda is projecting single-family starts growth of 2% on a year-over-year basis in 2024 to approximately 950,000. The NAHB has a similar projection, anticipating starts will increase between 3% and 4% in 2024.

Read Builder

2024-01-18T11:13:10-05:00January 18, 2024|Economics & Business News|

What’s Ahead for the U.S. Economy and Job Growth? A Peek at Inflation, Interest Rates, and More

Forecasters expect the economy to grow 1.3% this year, down from a projected 2.4% in 2023 but above their 0.7% estimate in July, according to a survey by Wolters Kluwer Blue Chip Economic Indicators. Meager gains in the first half of the year should give way to stronger output by fall as the Fed slices rates further, forecasters say.

Read USA Today

2024-01-04T10:59:24-05:00January 4, 2024|Economics & Business News|

Advance: November U.S. Wholesale Inventories Dip 0.2%

On December 28th, the U.S. Census Bureau released its advance report for several economic indicators in November. The report shows that November wholesale inventories, adjusted for seasonal variations and trading day differences but not for price changed, ended the month at an estimated level of $895.7 billion, down 0.2% from October and down 3.1% year-over-year.

Read MDM

2024-01-04T10:53:27-05:00January 4, 2024|Economics & Business News|

This Is A Custom Widget

This Sliding Bar can be switched on or off in theme options, and can take any widget you throw at it or even fill it with your custom HTML Code. Its perfect for grabbing the attention of your viewers. Choose between 1, 2, 3 or 4 columns, set the background color, widget divider color, activate transparency, a top border or fully disable it on desktop and mobile.

This Is A Custom Widget

This Sliding Bar can be switched on or off in theme options, and can take any widget you throw at it or even fill it with your custom HTML Code. Its perfect for grabbing the attention of your viewers. Choose between 1, 2, 3 or 4 columns, set the background color, widget divider color, activate transparency, a top border or fully disable it on desktop and mobile.
Go to Top