Instant Reaction: CPI, March 12, 2024
Consumer prices are rising at a slower rate than in most of the last three years, but still above the Federal Reserve’s desired target of 2%. In February, CPI rose by 3.2%. The important “core inflation” component rose by 3.75%, its lowest reading since April 2021. The heavyweight component of hous
Gen Z and Millennial Home Buying Hotspots: Where Young Buyers Are Putting Down Roots
The age of home buyers is a key demographic variable that provides valuable insights into the local economic health, the housing market dynamics, and cultural trends of an area. Areas with high concentrations of young buyers may suggest a strong job market and vibrant community, attractive to younge
Instant Reaction: Jobs, March 8, 2024
The latest jobs figures displayed a mixed picture. Another solid 275,000 net new payroll jobs were added in February. There are 5.5 million more jobs now compared to the pre-COVID record high in early 2020. However, the unemployment rate went up to 3.9% because a different measurement of jobs from a
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