As the economy takes small steps towards recovery, many Americans are still monitoring their spending. According to a national poll for Bankrate’s monthly Financial Index, two-thirds of Americans “say they have a reason to limit how much they spend each …
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Job Market Improves with 35,500 Retail Jobs
According to an article by the National Retail Federation, retail industry employment increased by 35,500 jobs in September. According to the U.S. Bureau of Labor Statistics Employment Situation Summary, the total nonfarm payroll employment rose by 248,000 in September and …
Read More »Holiday Sales Predicted to Increase
For the first time since 2011, holiday sales are expected to increase more than 4 percent. According to the National Retail Federation, sales in November and December (excluding autos, gas and restaurant sales) are expected to increase 4.1 percent to $616.9 …
Read More »Student Loan Debt Delays Millennial Homeownership
The American Dream has included homeownership for many years. Today, however, that dream is at a standstill for young adults already burdened with large amounts of student loan debt. According to an article by the Detroit News, 414,000 homes sales …
Read More »Higher Incomes Lead to an Improved Housing Market
According to a recent article by Realtor Mag, an improving economy appears to be leading towards a better housing market. The article explains that while income is lower than in 2007, from 2012 to 2013, there was a 1.1 percent …
Read More »Outlook on Millennial Housing
According to a report by the Demand Institute, 79 percent of millennials are optimistic about their financial situation. As a result, 74 percent expect to move within the next five years, resulting in an additional 8.3 million millennial households by …
Read More »Manufacturer Confidence Index Declined in August
The American Hardware Manufacturers Association’s AHMA Home Improvement Industry Confidence Index’s Current Situation Index declined in August to 294.1 from 320.8 in July, while the Future Expectations Index also declined to 192.7 from 266.5 in July. In comparing current sales …
Read More »August Employment Numbers Up
Total nonfarm payroll employment increased by 142,000 in August, and the unemployment rate was little changed at 6.1 percent, the U.S. Bureau of Labor Statistics reported. Job gains occurred in professional and business services and in health care. In August, both the unemployment …
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