Monthly Archives: November 2023

New Home SalesSales of new single‐family houses in October 2023 were at a seasonally adjusted annual rate of 679,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is … Continue reading →

Building PermitsPrivately‐owned housing units authorized by building permits in October were at a seasonally adjusted annual rate of 1,487,000. This is 1.1 percent above the revised September rate of 1,471,000, and 4.4 percent below the October 2022 rate of 1,555,000. … Continue reading →

Commentary on today’s US Bureau of Labor Statistics Employment Situation Report by Selcuk Eren, Senior Economist, The Conference Board Today’s jobs report points to a cooling labor market, with 150,000 jobs added in October, after a downwardly revised increase of … Continue reading →

New York, October 31, 2023…The Conference Board Consumer Confidence Index® declined moderately in October to 102.6 (1985=100), down from an upwardly revised 104.3 in September. The Present Situation Index—based on consumers’ assessment of current business and labor market conditions—declined to … Continue reading →