Even with the record number of job openings unemployment filings are still above where we were before the pandemic. By the numbers: Initial jobless claims rose by 7,000 to 251,000 in the week ending July 16, according to the Labor Department. The four-week average for jobless claims, which smooths out… Read More »Unemployment Up Even With Tight Labor Market
Labor markets are tight and continues to cause people to quit their job at record rates. Americans quitting their jobs comprised 60% of all job separations in February 2020. Quits were 18% of all job separations in April 2020, an eight-year low. Two years later, quit rates were at a… Read More »Number Of People Quitting Has Been On The Rise
How energy policy can affect exchange rate and why now is a great time to visit Canada. When oil prices are in the $100 per barrel range, as they are now, the Canadian dollar has historically traded at or near parity with its U.S. counterpart. Given that the U.S. is… Read More »Loonie Is Trading Low
It is supply and demand, what can people afford and what can products be sold for. As builds are not instantaneous and a lot speculation have happened in the housing markets. Builders are wise to cool building and maintain a steady supply without flooding the market and be forced to… Read More »Homes Built
As fears about being in or entering recession occupy us, we look for indicators of where we are at and the Yield Curve is one such thing. Driving the news: Growing fears about inflation have hammered a key measure of the yield curve in recent days, pushing it suddenly much… Read More »Yield Curve
As material costs and interest rates rise, home builders are pulling back. Homebuilders are rapidly losing confidence in their ability to turn a profit on new houses, Nathan writes. Homebuilder sentiment experienced its second-largest one-month drop in July, according to the National Association of Home Builders/Wells Fargo Housing Market Index… Read More »Homebuilder Sentiment
With all the uncertainty, it is no surprise that something that looked like a good deal a month ago may not now. Why it matters: This is a sign of how fast the housing market adjusted to the surge in mortgage rates that started in March — and it signals… Read More »Housing Deals Failing To Cross The Finish Line
Successful business owners are always learning and finding new ways to improve their operations. But business owners who “draw a line in the sand” and close the door to new methods, new technology and updated equipment can see a drop in market position, revenues and profitability. As a result, buyers… Read More »Tip #044Business owners who “Draw a Line in the Sand” and refuse to update their operations
This inflation is affecting the people who can afford it the least as the price of staples are increasing much more than other goods. The price of eggs rose by a third between June 2021 and June 2022 and butter, flour, chicken and milk also showed some of the next-biggest… Read More »Staples Are Being Hammered By Inflation
Where as, the national average inflation was 9.1%, The metro phoenix area was 12.3% mostly due to a strong economy and housing shortage. Area prices were up 3.1 percent over the past two months, up 12.3 percent from a year ago Prices in the Phoenix area, as measured by the… Read More »Arizona Inflation Higher Than National Average