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New Home Sales decrease to 571,000 Annual Rate in July

The Census Bureau reports New Home Sales in July were at a seasonally adjusted annual rate (SAAR) of 571 thousand. The previous three months were revised up solidly."Sales of new single-family houses in July 2017 were at a seasonally adjusted annual rate of 571,000, according to estimates released jointly today by the U.S. Show More Summary

How students can build on the asset of bilingualism — five questions with a Cal State Fullerton expert

California’s schoolrooms are filled with children speaking a lot of languages. The U.S. Census Bureau said in 2015 that 44 percent of the state’s residents over age 5 speak a language other than English at home. In the Los Angeles region, that number jumps to 54 percent. The state has struggled with how to educate […]

US Housing Starts Decline 5.6% YoY In July (1 Unit Starts Back Rise To 1991 Levels, Apartment Construction Slowing)

According to the US Census Bureau, US housing construction starts declined 5.6% on a year-over-year (YoY) basis for July. You can see the declining trend since 2012. The post US Housing Starts Decline 5.6% YoY In July (1 Unit Starts Back Rise To 1991 Levels, Apartment Construction Slowing) was originally published at The Wall Street Examiner. Follow the money!

Housing Starts decreased to 1.155 Million Annual Rate in July

From the Census Bureau: Permits, Starts and CompletionsHousing Starts:Privately-owned housing starts in July were at a seasonally adjusted annual rate of 1,155,000. This is 4.8 percent below the revised June estimate of 1,213,000 and is 5.6 percent below the July 2016 rate of 1,223,000. Show More Summary

Retail Sales increased 0.6% in July

On a monthly basis, retail sales increased 0.6 percent from June to July (seasonally adjusted), and sales were up 4.2 percent from July 2016.From the Census Bureau report:Advance estimates of U.S. retail and food services sales for July...Show More Summary

55 Sad Facts About Our Economy

Poverty & Minimum Wage 1. Around 13.5 percent of Americans live in poverty, according to the United States Census Bureau. That translates to 43.1 million people! 2. Around 15 million American children – 21 percent of all children living in the United States – live… Read More The post 55 Sad Facts About Our Economy appeared first on Business Pundit.

Crank the AC, cut in-car pollution

For many, the commute to and from work is a lengthy, stressful process. According to the U.S. Census Bureau, it takes the average American about 26½ minutes to get to work. That's nearly an hour each day—to work and back—to face traffic snarls and congested highways. Show More Summary

Do Older Americans Have More Income Than We Think?

Adam Bee and Joshua W. Mitchell of the Census Bureau Do Older Americans Have More Income Than We Think?, July 25, 2017 Working Paper Number: SEHSD-WP2017-39: Introduction The Current Population Survey Annual Social and Economic Supplement (CPS ASEC) is the...

Trade Deficit at $43.6 Billion in June

Earlier from the Department of Commerce reported:The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced today that the goods and services deficit was $43.6 billion in June, down $2.7 billion from $46.4 billion in May, revised. Show More Summary

U.S. Trade Deficit Narrowed in June to its Lowest Level since October

The Bureau of Economic Analysis and the Census Bureau reported that the U.S. trade deficit declined from $46.39 billion in May to $43.64 billion in June, its lowest level since... The post U.S. Trade Deficit Narrowed in June to its Lowest Level since October appeared first on Shopfloor.

New Factory Orders Soared in June due to Strong Aircraft Sales

The Census Bureau said that new factory orders rose by 3.0 percent in June, up from $467.1 billion to $481.1 billion, rebounding from 0.3 percent declines in both April and... The post New Factory Orders Soared in June due to Strong Aircraft Sales appeared first on Shopfloor.

Fourth Order ‘Rising Dollar’ Effects Hit 2017

Total construction spending fell considerably in June 2017, according to Census Bureau estimates released yesterday. Seasonally-adjusted, layouts for new construction declined by 1.3% from May. That’s the second time in the last three months there was such a large drop. Show More Summary

Construction Spending decreased in June

Earlier today, the Census Bureau reported that overall construction spending decreased in June:Construction spending during June 2017 was estimated at a seasonally adjusted annual rate of $1,205.8 billion, 1.3 percent below the revised May estimate of $1,221.6 billion. Show More Summary

Manufacturing Construction Activity Slipped Further in June

The Census Bureau said that private manufacturing construction spending slipped further in June, down 1.9 percent. The value of construction put in place in the sector declined from $68.98 billion... The post Manufacturing Construction Activity Slipped Further in June appeared first on Shopfloor.

The Elderly Are Probably Better Off Than We Think

Tyler Cowen points me today to a new Census Bureau report that suggests the elderly are better off than we think. Why? Because when they respond to surveys, they don’t accurately report pension income: The Current Population Survey Annual Social and Economic Supplement (CPS ASEC) is the source of the nation’s official household income and […]

Here's how many people own their homes in every state

The US Census Bureau recently released its quarterly estimates of homeownership and vacancy rates in the US and each of the 50 states and Washington, DC. Read more...

Here's how many people own their homes in every state

The US Census Bureau recently released its quarterly estimates of homeownership and vacancy rates in the US and each of the 50 states and Washington, DC. Homeownership rates, or the percentage of homes occupied by their owners, ranged from 39.2% in the District of Columbia to 75.9% in South Carolina. Show More Summary

HVS: Q2 2017 Homeownership and Vacancy Rates

The Census Bureau released the Residential Vacancies and Homeownership report for Q1 2017. This report is frequently mentioned by analysts and the media to track household formation, the homeownership rate, and the homeowner and rental vacancy rates. Show More Summary

A Large Jump in Nondefense Aircraft Sales Boosted Durable Goods Orders in June

The Census Bureau said that growth in new durable goods orders leapt 6.5 percent, up from $230.7 billion in May to $245.6 billion to June, rebounding from declines in both... The post A Large Jump in Nondefense Aircraft Sales Boosted Durable Goods Orders in June appeared first on Shopfloor.

New Home Sales increase to 610,000 Annual Rate in June

The Census Bureau reports New Home Sales in June were at a seasonally adjusted annual rate (SAAR) of 610 thousand. The previous three months combined were revised up."Sales of new single-family houses in June 2017 were at a seasonally adjusted annual rate of 610,000, according to estimates released jointly today by the U.S. Show More Summary

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