National consumer confidence index for October, 2017

confidence

Advertisements
Posted in In the News | Leave a comment

Big jump in ARM’s; have we been down this road before?

cnbc

Posted in In the News | Leave a comment

World income tax metrics; how does the U.S. compare?

Tough Taxes

Compared to 188 other countries and taxing jurisdictions, the US has the third highest corporate tax rate. The highest rate belongs to the United Arab Emirates at 55%, followed by Puerto Rico (a US territory) at 39% and the USA at 38.9% (after including the average state rate). The only large nations with rates close to ours: India at 34.6% and France at 34.4%. The worldwide GDP-weighted-average rate; just 29.5%!

SHARE THIS:
Elliot F. Eisenberg, Ph.D.
GraphsandLaughs, LLC
elliot@graphsandlaughs.net
Cell: 202.306.2731
http://www.econ70.com

Subscribe

Posted in In the News | Leave a comment

Boomers responsible for low inventory?

boomers

Posted in In the News | Leave a comment

National new construction metrics

Sales Slide

Because single-family construction activity is rising much too slowly while multifamily activity shrinks, housing inventory has declined Y-o-Y for 27 straight months, prices keep rising faster than wages, and affordability is at its lowest level since early 2009. As a result, housing sales have been flat for the past 12 months at an annual rate of about 5.5 million units, and Y-o-Y first-time mortgage application growth is barely positive.

SHARE THIS:
Elliot F. Eisenberg, Ph.D.
GraphsandLaughs, LLC
elliot@graphsandlaughs.net
Cell: 202.306.2731
http://www.econ70.com

Subscribe

Posted in In the News | Leave a comment

National new home sales for August, 2017

The U.S. Census Bureau announced today that sales of new single-family houses in August 2017 were 560,000 at a seasonally adjusted annual rate, down 3.4 percent from July’s revised rate, and down 1.2 percent from August 2016.

Posted in In the News | Leave a comment

NAR study on how student debt influences homeownership

debt

Posted in In the News | Leave a comment