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Housing’s Tale of Two Cities

It was the best of times. It was the worst of times. Allow me to use yesterday’s new home sales report from the Census Bureau to illustrate. New home sale prices in April rose 8.3% year over year. New home sale prices are based on current contracts in the survey month so they give us a…

BECAUSE THEY’RE TOO DAMNED COLD? Why Aren’t People Moving to America’s ‘Best’ Cities? Let…

BECAUSE THEY’RE TOO DAMNED COLD? Why Aren’t People Moving to America’s ‘Best’ Cities? Let the federal government tell you where to live. “I mention those other lists because there’s a better list out today, the Census Bureau’s most recent city-level population estimates, based on a very straightforward methodology: These are the places where people are […]

New Homes Sales Surprise Forecast

This morning's release of the April New Homes Sales from the Census Bureau at 517K was 7K above forecast, with the previous month an upward revision. The Investing.com forecast was for 510K sales, which...

Comments on New Home Sales

The new home sales report for April was above expectations at 517 thousand on a seasonally adjusted annual rate basis (SAAR). Earlier: New Home Sales increased to 517,000 Annual Rate in AprilThe Census Bureau reported that new home sales this year, through April, were 179,000, Not seasonally adjusted (NSA). Show More Summary

New Home Sales increased to 517,000 Annual Rate in April

The Census Bureau reports New Home Sales in April were at a seasonally adjusted annual rate (SAAR) of 517 thousand. The previous three months were revised up by a total of 5 thousand (SA)."Sales of new single-family houses in April 2015 were at a seasonally adjusted annual rate of 517,000, according to estimates released jointly today by the U.S. Show More Summary

Durable Goods Orders Fell 0.5 Percent in April, but Up Modestly Excluding Transportation

The Census Bureau said that new durable goods orders declined by 0.5 percent in April, pulling back from the 5.1Read the Rest...

New home sales spike in April (ITB, XHB, PKB, HOMX, FLM)

New home sales rose more than expectations in April. Data from the Census Bureau showed that new home sales rebounded and rose 6.8% to an annual rate of 517,000. Economists had expected that new home sales rose 5.0% to an annual rate...Show More Summary

Charlotte population tops 800,000

As the UPoR reports, the official estimate per the Census Bureau for 2014 for Charlotte was 809,958, up 2 percent from 2013. Doing the math, should that 2 percent a year population growth rate continue, then Charlotte would hit a million residents in 2025…

The Fallacy Of Unequivocal Faith In The Fed's Babbling Bubble-Blowers

Submitted by Jeffrey Snider via Alhambra Investment Partners, To preserve any idea that the US is not heading into recession, the FOMC is now wholly reliant on statistical processes within the BEA’s use of the Census Bureau’s updated ARIMA-X13 modeling system. Show More Summary

EPI’s Family Budgets and Income Sufficiency in Denver

Applying EPI's family budget thresholds to Census Bureau data on Denver shows that many—indeed, more than 40 percent—of the region’s residents are struggling to achieve economic security. As policymakers in Denver consider measures to raise incomes for area residents, they should be fully aware of just how far many in the community are from this benchmark.

Here's the fastest growing town in every state

The US Census Bureau just released estimates of the population in every town, city, and village in the United States as of July 1, 2014. Using those estimates, we found the town in each state with the largest percent increase in population between 2013 and 2014. Show More Summary

Secular Trends in New Residential Building Permits and Housing Starts

Yesterday we reported separately on the latest residential building permits and housing starts in the government's report for April data, courtesy of the Census Bureau and the Department of Housing and Urban Development.

US Census Bureau Adds City SDK to Aid National Day of Civic Hacking

The U.S. Census Bureau has announced that its new City SDK will sit as the centerpiece of one of the challenges at the upcoming National Day of Civic Hacking.

Millennials: Are Gen Y Women an Untapped Market?

Today, Millennials (individuals born after 1980) are a highly targeted advertising market. It's not hard to see why brands are vying for attention from this generation. According to the latest data from the U.S. Census Bureau, 18-to-34...Show More Summary

Quarterly Housing Starts by Intent

In addition to housing starts for April, the Census Bureau also released the Q1 "Started and Completed by Purpose of Construction" report today.It is important to remember that we can't directly compare single family housing starts to new home sales. Show More Summary

Housing Starts Rebounded Strongly in April, Growing at Fastest Pace since November 2007

The Census Bureau and the U.S. Department of Housing and Urban Development said that residential construction activity rebounded strongly inRead the Rest...

Housing Starts increased to 1.135 Million Annual Rate in April, Highest since 2007

From the Census Bureau: Permits, Starts and CompletionsHousing Starts:Privately-owned housing starts in April were at a seasonally adjusted annual rate of 1,135,000. This is 20.2 percent above the revised March estimate of 944,000 and...Show More Summary

Surprise! Government Data Again Show Rising Drugstore Profits

The U.S. Census Bureau recently released its latest Annual Retail Trade Report. These government-collected data provide the most complete industry picture of retail drugstore profits. As you can see in the chart below, drugstores’ gross margins reached 24.6%—their highest levels in eight years. Show More Summary

7 things to do before you move homes

Are you moving homes this year? If you live in the United States, there's a good chance you might be. Between 2012 and 2013, 35.9 million Americans, roughly 9% of the population, moved residences, according to the U.S. Census Bureau. Despite the frequency with which many Americans move, few will tell you the process is stress-free. Show More Summary

Historic Chart of the Day

Based on today's Census Bureau report on April retail sales, consumer spending at "Food Services and Drinking Places" (restaurants and bars, see red line) was greater than grocery store sales (blue line) in April for the third straight month, reversing a longstanding pattern of food spending and establishing a new US consumer milestone. Show More Summary

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