De Groote Financial Group February 3, 2021

What Happened Last Week and What It Means to You: December 11, 2020

Stimulus failure… Initial jobless claims hit 853,000… Q3 productivity… University of Michigan Consumer Sentiment… New home sales decreased in November… On a personal note…

De Groote Financial Group February 3, 2021

What Happened Last Week and What It Means to You: September 25, 2020

Durable goods orders for August… Non-farm productivity… August industrial production increases… New home sales go over 1 million… Conference boards leading Indicator… Corona virus survival rates

De Groote Financial Group August 26, 2016

New Home Sales Jump 12.4% in July… The move puts new home sales up more than 30% from the same time last year. What it means – Demand for new homes remains solid, as sales are at their highest level since 2007. Still, the current pace is less than half of what it was at […]

De Groote Financial Group July 22, 2016

Housing Starts Up 4.8% in June, Reversing Decline in May… Single-family housing starts increased 4.4% and multifamily starts moved up 5.4%. What it means – Home builders will breathe a little easier knowing that housing isn’t sliding backward, but there’s not a lot of forward momentum, either. Housing starts climbed back to 1.189 million units on an annualized basis, which keeps […]

De Groote Financial Group May 20, 2016

Consumer Prices up 0.4% in April, and 1.1% over Last Year… Excluding food and energy, prices were up 0.2% last month, and 2.1% over the same period last year. What it means– Gasoline prices ticked higher with oil prices last month, pushing the consumer price index higher. Costs rose in most areas except apparel. But the growth rate slowed […]