Tag Archives: LEI

Housing Sales, Leading Growth Indicator, Higher

The Mortgage Corner Higher new and existing-home sales, and continued economic growth are the reason the Fed raised their overnight rate into a range between 1.5 to 1.75 percent on Wednesday. Even with consistently low inventory levels and faster price … Continue reading

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Our Housing Supply Is Catching Up (Revised)!

The Mortgage Corner Nationwide housing starts rose 13.7 percent in October to a seasonally adjusted annual rate of 1.29 million units after a slight upward revision to the September reading, according to newly released data from the U.S. Department of … Continue reading

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Higher Housing Sales, Leading Indicators Mean More Growth

Financial FAQs Two more signs of improved economic growth came out today. Boosted by a greater share first-time buyer sales not seen in nearly four years, existing-home sales maintained their upward trajectory in June and increased for the fourth consecutive … Continue reading

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What Happens in 2016?

Popular Economics Weekly Even with interest rates rising, we see 2.5 percent plus GDP growth in 2016, because of strong employment and consumer spending. An early sign of this this trend is the Conference Board’s Index of Leading Economic Indicators … Continue reading

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Record Post-Recession Home Sales, Construction, Case-Shiller Prices in July

The Mortgage Corner With all the bad news coming from the stock market, it’s good to know that this hasn’t affected the housing market. In fact, it’s pushing interest rates lower, so that a conforming 30-year fixed mortgage rate has … Continue reading

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Conference Board’s Leading Economic Indicators Near Highs

Financial FAQs The Conference Board Leading Economic Index® (LEI) for the U.S. increased 0.6 percent in November to 105.5 (2004 = 100), following a 0.6 percent increase in October, and a 0.8 percent increase in September. It is a further … Continue reading

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Yellen + Jackson Hole = Higher Growth

Popular Economics Weekly New Fed Chairman Janet Yellen plus a few other major central bankers at their annual Jackson Hole conference seem to have committed a heresy by advocating full employment as the goal of central bank policies, above and … Continue reading

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