Week in Review
1 response | 0 likes
Started by TimNew - July 23, 2021, 8:55 a.m.

Housing Market Index M/MJul-2181.0080.00C
Housing Starts M/MJun-211.572M1.643MC+
Housing Permits M/MJun-211.681M1.598MC-
Existing Home Sales M/MJun-215.800M5.860MC+
Chicago Fed Natl Activity M/MJun-210.290.09C
Kansas City Fed Mfg M/MJul-2127.0030.00C+
Leadng Indicators M/MJun-211.300.70C+
RedBook W/W7/17/202114.0015.00C+
Jobless Claims W/W7/17/2021360K419KC-

A little light, data wise,  but enough to go on.

Jobless Claims are back above 400K for this week.  Hopefully a blip on the radar.

Housing remains respectable in spite of all the obstacles.  Demand remains high while interest remains low. Starts up a bit and Permits down. Material costs and labor shortage continue to plague.

Leading Indicators retreated a bit but remain positive.  This metric is influenced by Housing Starts.

Redbook gained a point, remaining in new territory.  Guess I'll stop sayng that,  but historical normal range is low to mid single digits.

Mfg remans in solid territory.

A C+ for the week in spite of elevated Jobless Claims and the limited number of metrics.

By metmike - July 23, 2021, 2:50 p.m.
Like Reply

thanks much Tim!

      Weekinreview compilation 2020/21            

                      Started by metmike - April 24, 2021, 6:42 p.m.           



NEW: Updated with the July 23, 2021 report!

For those interested in gaining more insight(by looking back at Tim's reports)  with regards to the unprecedented movement of our economy during the historic 2020 pandemic that  is ending here in 2021.

They start with the most recent one below and go backwards.