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Economic news, statistics, and commentary
Let’s check in on how Consumer Confidence and mortgage interest rates fared during June. First up, here’s the Consumer Confidence data as of June: The overall Consumer Confidence Index currently sits at 85.2, up 4 percent in a month, and at its highest point since January 2008. At 85.1, the Present Situation Index increased 6…
Let’s check in on how Consumer Confidence and mortgage interest rates fared during January. First up, here’s the Consumer Confidence data as of March: At 81.0, the Present Situation Index increased 0.7% between February and March, and is up 34% from a year earlier. The Present Situation Index is currently up 301% from its December…
Let’s check in on how Consumer Confidence and mortgage interest rates fared during January. First up, here’s the Consumer Confidence data as of November: At 79.1, the Present Situation Index increased 5% between December and January, and is up 41% from a year earlier. The Present Situation Index is currently up 292% from its December…
Jobs data for November was released this week, so let’s take an updated look at the Seattle area’s unemployment rate and approximate labor participation rate alongside the national numbers. In November the Seattle area’s unemployment rate broke a four-month streak of increases, dipping just slightly from 5.7% in October to 5.6% last month. We are…
Let’s check in on how Consumer Confidence and mortgage interest rates fared during November. First up, here’s the Consumer Confidence data as of November: At 72.0, the Present Situation Index decreased 0.8% between October and November, but is up 25.4% from a year earlier. The Present Situation Index is currently up 256% from its December…