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Poor Weather Reduced Employment Slightly in February

The BLS reported 151 thousand non-farm jobs were added in February. During the Winter months, I like to look at the weather impact on the report.The BLS reported 404 thousand…

b.pate March 9, 2025

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Real Estate Newsletter Articles this Week: Property Insurance Costs Rose at a Record Rate in 2024

At the Calculated Risk Real Estate Newsletter this week: Click on graph for larger image. • ICE Mortgage Monitor: Property Insurance Costs Rose at a Record Rate in 2024 •…

b.pate March 9, 2025

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Schedule for Week of March 9, 2025

The key report this week is February CPI. ----- Monday, March 10th ----- No major economic releases scheduled. ----- Tuesday, March 11th ----- 6:00 AM ET: NFIB Small Business Optimism…

b.pate March 8, 2025

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March 7th COVID Update: COVID Deaths Declining

Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. For deaths, I'm currently using 4 weeks ago for "now", since the most recent three weeks will be…

b.pate March 8, 2025

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Wholesale Used Car Prices Decreased in February; Up 0.1% Year-over-year

From Manheim Consulting today: Wholesale Used-Vehicle Prices Decreased in FebruaryWholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) were lower in February compared to January. The Manheim Used…

b.pate March 8, 2025

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Asking Rents Mostly Unchanged Year-over-year

Today, in the Real Estate Newsletter: Asking Rents Mostly Unchanged Year-over-year Brief excerpt: Another monthly update on rents. Tracking rents is important for understanding the dynamics of the housing market.…

b.pate March 7, 2025

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Fed Chair Powell: Economic Outlook “Uncertainty”

From Fed Chair Powell: Economic Outlook Despite elevated levels of uncertainty, the U.S. economy continues to be in a good place. The labor market is solid, and inflation has moved…

b.pate March 7, 2025

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Q1 GDP Tracking: Mid-to-High 1% Range

Special Note: There was a surge in gold imports in January. There is a time lag for when the imported gold will show up in inventories. GDPNow will correct for…

b.pate March 7, 2025

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Friday: Employment Report, Fed Chair Powell Speaks

Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Friday: • At 8:30 AM ET, Employment Report for February. The consensus is for 158,000 jobs added,…

b.pate March 7, 2025

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February Employment Preview

On Friday at 8:30 AM ET, the BLS will release the employment report for February. The consensus is for 158,000 jobs added, and for the unemployment rate to be unchanged…

b.pate March 7, 2025