Treasury Secretary Lew Says More Wage Growth is Needed
The U.S. Bureau of Labor Statistics (BLS) reported last week that average hourly earnings increased by 12 cents from December to January ($24.63 to $24.75), but U.S. Department of Treasury Secretary...
View ArticleFannie Mae: Slow Wage Growth Stalls Consumer Housing Sentiment
The March employment summary released last week by the Bureau of Labor Statistics (BLS) showed only 126,000 jobs added for the month, which was less than half of the monthly average (266,000) for the...
View ArticleSigns Indicate More Wage Growth is Coming, But It Can Still Be Tough to...
Knotek states in his report that despite recent signs pointing to an imminent increase in worker compensation, factors such as slack in the labor market, bargaining power, worker productivity,...
View ArticleSlow Economic Growth in Q1 Drives Consumer Sentiment Way Down
April's Sentiment Index reading of 95.9 was the second-highest since 2007, second only to January 2015. Curtin said despite the large decline in the index for May, consumers' attitudes toward personal...
View ArticleLow- to Moderate-Income Households Struggling in Philadelphia Fed District
While much of the overall economic news has been positive as of late, a survey from the Federal Reserve Bank of Philadelphia released Wednesday indicated that low- to moderate-income (LMI) households...
View ArticleAsk the Economist: What Effect Does a Dwindling Foreclosure Volume Have on...
Ask the Economist is an ongoing series in which DS News talks with an economist about the most pressing issues facing the nation's housing industry and the economy. This installment features Nela...
View ArticleThe Week Ahead: Waiting to See if the Jobs Report Measures Up
Will the labor market be able to sustain the solid job growth it experienced in the last three months of 2015? The post The Week Ahead: Waiting to See if the Jobs Report Measures Up appeared first on...
View ArticleWage Growth Lags Amid Positives in February Employment Summary
In the February Employment Summary from the BLS, Job gains were solid and the labor force participation rate was up, but the average hourly wage declined. How will the lack of wage growth affect the...
View ArticleSlow Wage Growth: Not a Sign of a Weak Labor Market
Average earnings took a step backward in February, but this should not be a sign that the labor market is not healthy, according to the San Francisco Fed. But will slow wage growth affect homebuying in...
View ArticleJobs Report Sends Mixed Signals
The latest employment summary from the Bureau of Labor Statistics contained several positives, but also came with a few disappointments—including one that may have an adverse effect on housing. The...
View ArticleIs the Current State of the Housing Market Able to Bolster Demand?
According to a recent report from Ten-X, how does the state of housing weigh in against slow wage growth and a shortage of home inventory? The post Is the Current State of the Housing Market Able to...
View ArticleWage Gains Highlight Latest Employment Data
Wage gains, which have been cited repeatedly by analysts as a key to increasing homeownership, has picked up lately. But they could come with some unintended side effects. The post Wage Gains Highlight...
View ArticleSigns Indicate More Wage Growth is Coming, But It Can Still Be Tough to...
Knotek states in his report that despite recent signs pointing to an imminent increase in worker compensation, factors such as slack in the labor market, bargaining power, worker productivity,...
View ArticleSlow Economic Growth in Q1 Drives Consumer Sentiment Way Down
April's Sentiment Index reading of 95.9 was the second-highest since 2007, second only to January 2015. Curtin said despite the large decline in the index for May, consumers' attitudes toward personal...
View ArticleLow- to Moderate-Income Households Struggling in Philadelphia Fed District
While much of the overall economic news has been positive as of late, a survey from the Federal Reserve Bank of Philadelphia released Wednesday indicated that low- to moderate-income (LMI) households...
View ArticleAsk the Economist: What Effect Does a Dwindling Foreclosure Volume Have on...
Ask the Economist is an ongoing series in which DS News talks with an economist about the most pressing issues facing the nation's housing industry and the economy. This installment features Nela...
View ArticleThe Week Ahead: Waiting to See if the Jobs Report Measures Up
Will the labor market be able to sustain the solid job growth it experienced in the last three months of 2015? The post The Week Ahead: Waiting to See if the Jobs Report Measures Up appeared first on...
View ArticleWage Growth Lags Amid Positives in February Employment Summary
In the February Employment Summary from the BLS, Job gains were solid and the labor force participation rate was up, but the average hourly wage declined. How will the lack of wage growth affect the...
View ArticleSlow Wage Growth: Not a Sign of a Weak Labor Market
Average earnings took a step backward in February, but this should not be a sign that the labor market is not healthy, according to the San Francisco Fed. But will slow wage growth affect homebuying in...
View ArticleJobs Report Sends Mixed Signals
The latest employment summary from the Bureau of Labor Statistics contained several positives, but also came with a few disappointments—including one that may have an adverse effect on housing. The...
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