The long-term visualization of home prices in the U.S. tells an interesting tale of overall domestic growth, labor force demographics, and mortgage industry changes. Beginning…
Month: February 2017
As we’ve already discussed the Case-Shiller index and mortgage metrics in order to assess the health of the housing market, I would like to take a…
The National Transfer Accounts project is spearheaded by Ronald Lee and Andrew Mason. It has compiled data on income and consumption by age, as well…
Housing starts have historically indicated a strong real estate market, which indicates a strong economy. As you see from the FRED graph, the 2008 crash…
Courtesy of the graphs to Prof. Smitka who made them in excel using data from CoreLogic – thank you (Apologies if they’re blurry – I…
The labor force participation rate is the percentage of people in the civilian noninstitutionalized (not in prison or the military) population, aged 16 and older,…
A multitude of useful construction data was released last week. In addition to overall construction spending, public construction spending, and total housing starts, it is…
Full employment is usually defined as any level of employment under 5%. Full employment means that all eligible workers regardless of skill level are in jobs.…
Overall, the construction industry has experienced far from rapid growth in 2016. With oil prices low, major capital projects from firms involved in the energy…