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Tag Archives: economy

Outlook on Millennial Housing

Housing supply gap

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 …

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Manufacturer Confidence Index Declined in August

Welding Products

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 …

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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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Red-Hot HRM Index Leaves National Markets in the Dust

The Hardware Retailing Magazine Index soared in August, jumping 124.69 points, or 10.24 percent, closing at 1342.35, easily a record, and the highest index reading since December, 2013. Only Sears ended the month in negative terrain. The Commerce Department reported …

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Manufacturing Activity Grows in July

Economic activity in the manufacturing sector expanded in July for the 14th consecutive month, and the overall economy grew for the 62nd consecutive month, according to the latest Manufacturing ISM Report. The report, issued today by Bradley J. Holcomb, CPSM, …

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Hourly Earnings Unchanged from May to June

Over the month, real average weekly earnings were unchanged in June, as a result of no change in both real average hourly earnings and the average workweek. Real average hourly earnings declined 0.1 percent, seasonally adjusted, from June 2013 to …

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The State of Unemployment

In June, 17 states had unemployment rates that were significantly lower than the total U.S. figure of 6.1 percent, 8 states and the District of Columbia had measurably higher rates, and 25 states had rates that were not appreciably different …

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