Hiring
Mike; I hope you are all enjoying your weekend. This weekend post is to highlight the continued dysfunction of the NY state senate, which is acting more dysfunctional than usual. When I say dysfunctional, I’m not being over the top, since it’s been documented that NYs legislators are truly the most dysfunctional: New York’s State […]
Mike: A busy Wednesday for economic reports, especially the two related to housing; MBA Purchase Applications, which showed some improvement mortgage applications climb from 7-month low as shown below, and New Home Sales showed continued weakness May new home sales dip 0.6 percent, which is surprising considering this is peak season for home sales. Mike: Durable goods orders show […]
Mike: Tuesday brings us the always important Existing Home Sales and a couple of weekly retail reports. Existing Home Sales will show if new home sales are brisk or continuing to languish. Well, it looks like sales increased, but were below expectations. I couldn’t find a headline that read “April existing home sales revised down and May […]