HUD and Census Bureau: New Report on Residential Sales in January 2021 Released
The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau jointly announced the following new residential sales statistics for January 2021: New Home Sales Sales of new single-family houses in January 2021 were at a seasonally adjusted annual rate of 923,000. This is 18.1 percent (±20.0 percent)* above the revised December…
Census Bureau: Small Business Pulse Survey Phase 4 Weekly Data Released
The U.S. Census Bureau today released new data from the fourth phase of the Small Business Pulse Survey (SBPS). Data collection began Feb. 15. Results will be released weekly Feb. 25 to April 22. The SBPS includes questions on topics such as location closings, changes in employment, disruptions in the supply chain, the use of federal assistance initiatives such…
Census Bureau: Household Pulse Survey Phase 3 Biweekly Data Released
The U.S. Census Bureau today released new data from the extension of the third phase of the experimental Household Pulse Survey. The extension includes intent-to-vaccinate and stimulus payment questions. The Household Pulse Survey is the result of an effort by the Census Bureau and other federal statistical agencies to document temporal trends in how individuals are experiencing…
FHFA: U.S. House Prices Rise 10.8 Percent over the Last Year; Up 3.8 Percent in the Fourth Quarter
U.S. house prices rose 10.8 percent from the fourth quarter of 2019 to the fourth quarter of 2020 according to the Federal Housing Finance Agency House Price Index (FHFA HPI®). House prices were up 3.8 percent compared to the third quarter of 2020. FHFA’s seasonally adjusted monthly index for December was up 1.1 percent from November. “House prices nationwide recorded the…
Census Bureau: Data Collection Begins for Phase 4 of Small Business Pulse Survey
In response to the significant and continuing economic disruptions resulting from the coronavirus pandemic and the urgent need for data, the U.S. Census Bureau launched a fourth phase of the Small Business Pulse Survey (SBPS) with data collection on Feb. 15. This experimental survey was designed to measure temporal economic trends in the nation’s small…
Federal Reserve: FEDS Notes | The Effects of COVID-19 as Reported by Local Communities
Author: Andrew Dumont1 Since early-April 2020, the Community Development function of the Federal Reserve Board and the twelve Federal Reserve Banks have, approximately every eight weeks, surveyed key stakeholders in local communities across the United States to learn about how the COVID-19 pandemic is affecting their community. Survey respondents have included representatives from local, state…
Census Bureau: Household Pulse Survey Phase 3 Biweekly Data Released
The U.S. Census Bureau today released new data from the extension of the third phase of the experimental Household Pulse Survey. The extension includes intent-to-vaccinate and stimulus payment questions. The Household Pulse Survey is the result of an effort by the Census Bureau and other federal statistical agencies to document temporal trends in how individuals are experiencing…
Census Bureau: 2019 County Business Patterns “First Look” Data Available
The U.S. Census Bureau today released the 2019 County Business Patterns (CBP) First Look data table. This preliminary tabulation includes the number of establishments, employment for the week of March 12, first quarter payroll, and annual payroll at the NAICS sector level (i.e., 2-digit NAICS) for the nation. The final CBP tables for the 2019 reference year,…
ABA: Report Shows Credit Card Spending Rebound in Third Quarter of 2020 as Record Number of Consumers Pay Balance in Full
Despite persistent challenges from the pandemic-induced recession, the credit card market continues to show resilience, according to the American Bankers Association’s latest quarterly Credit Card Market Monitor. Monthly purchase volumes rebounded strongly across risk groups in the third quarter of last year even as the ratio of credit card credit outstanding as a share of…
ABA: Report Shows Credit Market Conditions Rebound for Consumers and Businesses
The chief economists of North America’s largest banks see improvement in business and consumer credit market conditions over the next six months, according to a new quarterly report from the American Bankers Association. The Q1 2021 ABA Credit Conditions Outlook highlights the results of the ABA Credit Conditions Index. The report represents a suite of indices…