April 14, 2018
National Real Estate shows a average (-1.26%) market decline for December 2017, January 2018, February 2018 quarter.
Retail Sales have a average(-0.10%) market decline in the same period and struggled for the all of 2017. This has resulted with major chains opting to close 10%-15% of their retail centers nationwide in 2018 due to poor business and forecasts.
Auto Makers are giving Dealers Year End incentives to move an already sluggish 2017 now 2018 inventory. Year end discounts have continued into the new year of 2018.
The Unemployment Insurance Benefit Rate of unemployed workers is at a low of 4.1%. What is not noted by the Federal Reserve Board is the Actual Unemployment Rate that includes workers that have fallen off the Benefit noted above, which is over 13 Million Americans or 11.92% of the employed work force. In addition it does not take in account 25.80% approximately, of the work force that is at the Poverty Income Level even when working and on Food Stamps. Over 50% of the employed are under the USA average income level.
Jerome Powell the new Chair of the Federal Reserve Board Open Market meeting on March 21 and 22, 2018 and the Board of Governors all voted 8 to 0, to continue the predetermined (Socialist objectives agenda set forth in 2016) when compared to (Democracy-Capitalism move with the market American system). Simply put the FED position appears to be: We're going to take Americas money and run with it and leave America behind.
March 19, 2018
As Mortgage Rates Rise and Home Ownership Buyers become less existent with existing home sale down (-3.45%) nationwide in 2018, the FED and Washington has done nothing to correct the err.
Retail Sales of large item purchases and overall sales have dove into negative numbers in the last half of 2017. The first 2 months of 2018 has been no different.
USA businesses need to to develop economically at a "growth at a rate" pattern. Why?
Jobs have increased, but only at the minimum wage level with slightly better than a sweet shop corporate mentality. The corporate sweet shop mentality does have a foundation, which is, the current and continuing 2009-2016 political administration that is continuing to over shadow the "Make America Great Again" plan.
February 15, 2018
Housing Market Sales Down -3.6% in January 2018.
Home Loan Interest Rates begin to soar more quickly. They are up +25% in the last week from 2-1-2018 to 2-8-2018. Rates saw a similar increase in January 2018 of +.25% to +.375%. Overall for 2018 first 45 days Interest Rates have increased .50% (Up half a percent since the Feds 12-14-2017 last increase). USA Home Sales Average for a no growth 2017 is +0.23%.
December 27, 2017
Retail Store Major Chain Closures
Retail Stores survive Black Friday with sales up approximately 1% over 2016 Sales for the same period of November and December. Retail store closures of major chains are still forth coming for 2018. Retail Sales for 2017 remain barely above Zero.
November 16, 2017
Black Friday Holiday Sales
As Black Friday approaches their is no good news for Retail Sales in America. With Sales just above 0-Zero, the Retail Stores embrace the hopes of lower prices will stimulate Store Chain Sales to prevent further store closures in 2018.
October 24, 2017
Retail sales are up for the month of September but came in lower than expected. The up swing is in all probability is from Christmas orders and not an improving USA economy. USA Home Sales were up +0.7% for the month of September 2017. Nationwide Home sales average for the year is at about 0% or slightly negative (-) compared to 2016.
October 10, 2010
American's and America brace for the impact of the FED next arbitrary interest rate hike as promised by the Washington Bureaucrats. The Rate Hike is fueled by the FED Chief Janet Yellen a Democratic Appointee from the prior 2009-2016 exiting administration. Can America afford a new recession in 2017?
The FED doesn't seem to be interested in America or America's future. The Dollar is has been and is currently struggling under the current state of affairs regarding a over spent, pork belly former administration. How will the dollar react when the past debt of the 2008-2016 administration becomes a Federal Reserve Board "Write Down" of 100's of Billions of Debt not paid back by the outgoing 2009-2016 administrations constituency.
September 28, 2017
All major economic indicators for the USA are Down again in August 2017. Retail Sales are at -0.2%, Housing Starts at -0.8% and New Home Sales fall again -0.4% as the New Recession emerges in full strength.
August 18, 2017
USA economy shows continued weakening in Retail Sales, Real Estate and Consumer Confidence.
July 18, 2017
Home Sales in May 2017 have leveled out after 10 months decline beginning in July 2016. The steady decline from July
2017 thru May 2017 aligned itself with the FED and Fannie Mae and Freddie Mac interest rate hikes. This adjustment to home prices was up to approximately -$17,800 since July 2016.
In May and June of 2017 prices leveled due to the fact that there were a lack of home sales in the 0-$100,000 range coming in at a -7.2% and $100,000 to $250,000 coming in at 2.0%, approximately -20% lower from the preceding month of April 2017.
The up end support for the market leveling out was from home sales above $250,000. The current result of the FED action is apparently choking off about -30% of the real estate purchase market, not to mention the mortgage loan volume that is also down..
July 1, 2017
US FED interest rate hike drives USA economy deeper down heading the USA into recessionary levels on productivity, Retail Sales, New and Home Sales over the past year and current Auto Sales. The FED writes off America and Americans and calls it a day with unemployment insurance benefits (a 12 month benefit term) improving. The unemployment insurance level is not a calculation for actual unemployed Americans.
June 6, 2017
Fannie Mae and Freddie Mac Mortgage Rates are easing down to about 3.50%, but it appears the Banks are not following. This may be in anticipation of a future FED Rate Hike to the Prime Lending Rate and Federal Funds Rate that have a direct and indirect influence on Mortgage Interest Rates.
June 2, 2017
USA Existing Home Sales Down -2.3% in April. Cumulative average for 2017 is +0.4%. Retail Sales are at all time lows. Auto Sales for 2017 are less than 2016 for the first 5 month of 2017. To date the FED has not made any moves to improve the depressed USA economy. FED meets again June 14, 2017.
USA New Housing Starts hit the Wall, Down -2.8% in April and -6.8% in March and -2.6% in January 2017.
New Home Sales crashed in April -11.4% zeroing out February and March 2017 gains. Retail Sales stumbled again at +0.4%. US FED continues to ignore USA economy downturns.
May 16, 2017
for April 2017 came in a 0.4% approximately -0.2% less than expected. The first 4 month average of Retail Sales is a depressing .18% about -3.2% under the low benchmark.
A healthy USA Retail Sales figure would be between +3.5% to +5.0%.
May 1, 2017
USA Major Retailers Store Closures:
Retail Sales for March 2017 -0.2%.
In a lack luster American economy, Americans and American business try to weather the economic storm. You may have heard of a couple of the following stores, Sears, JC Penny. Payless, Radio Shack, American Apparel that are among the highest in USA Store Closures for 2017, as reported by the Labor Department employment statistics. Why are these USA Major Retailers closing? No business. Why is there no business? The consumer has no extra Dollars to spend. Why is there no extra dollars to spend?
Simply put, because the American Purchaser also know as the Goose that Lays the Golden Egg is being goosed. Many Americans today have to carry 2 part time jobs. Wages over the last 8 years are down 30%. The TRUMP Administration was left with a 8 years of 1.5 Million less Actual Unemployed Workers.The FED is escalating interest rates in a depression/great recession economy. Potential home buyers and step up home buyers and sellers are being squeezed out of the market by monthly and quarterly interest rate increases that are a result of the FED actions.
April 6, 2017
Retail Sales Low:
Retail Sales have been very low for 2017 year to date. New Home sales which accounts for about 10% of the USA Housing Market have shown a good result, so far for 2017. Existing home sales are underwater for 2017 resulting from a down trending 4th quarter of Home Sales in 2016. In the third quarter of 2016 Existing Home sales appeared to be heading for a year end upswing before interest rates increased almost a 1.0% in 4 months. Since then the FED has raised the Prime Lending Rate which in the final analysis comes back on Americans as higher interest rates on all credit products.
The National Debt decreased in February and March 2017 as did Money Printing. This seemingly shows a strengthening of the USA economy. The reality is the debt increase scenario, the doubling of the National Debt since 2008, will at some point begin the increase of the National Debt.
US FED continues to ignore the need of Americans to have capital gains to stimulate the America jobs, income, productivity and retail sales.
March 10, 2017
National Debt Down:
The National Debt is Down 31 Billion in since January 2017 as of March 10, 2017. This is significant since the National Debt has been adding 40 to 50 Billion a Month for quite some time. The Net improvement is about 70 Billion Dollars in about 60 days. In addition the Dollar Supply " printing new money utilizing the Taxpayer as security for the currency" is DOWN over 121 Billion". These two factors if they continue, somewhat demonstrate that the American economy has the where-with-all to improve.
Mortgage interest rates have stayed flat at 4.375% in January and February 2017. USA Home Sales fluctuated up +3.3% for January 2017. Retail Sales came in slightly higher in a lack luster USA economy. New Home Sales were Up 3.7%. New home sales account for about 10% of the Housing Market.
The basic issue today for the Trump administration is that the American consumer lacks viable Capital to stimulate its own USA economy. In the last 8 years the government and investment focus has been in foreign investments leaving USA Main Street citizens behind.
February 3, 2017
Fannie Mae and Freddie Mac jump Mortgage Interest Rates in last quarter of 2016. USA Existing Home Sales Market Drops -6.00% in 3 months as FED increase the Prime Lending Rate on December 16, 2016. This move by the FED increases the probability of static growth and will slow a moving forward under the new administration's plan.
January 10, 2017
The Stock Market reacts bold to the President Elect Donald Trump plan for America. Bond Markets still struggle. The Federal Reserve Board ignores their target set for the USA economy of a 2.0% Inflation Rate for the USA economy and raised Interest Rates in Mid December with a current average Inflation Rate is 1.19%. A Inflation Rate of 1.0% is considered a economic depression level for a Top 10 Country. Interest rates worldwide have been at low or negative interest levels since mid 2016. This is a blow to the USA economy especially for a new President with stronger internal economic goals for 2017.