Charts
U.S. Personal Savings Rate Reached 7-Year High – Chart of the Day
The Commerce Department yesterday released U.S. Personal Income and Outlays for December 2008. Among the published data, the one that caught my attention was personal savings rate. According to the report, personal savings rose to $378.6 billion in December from $299.1 billion in November. In terms of percentage, personal savings rate in December is 3.6%. [...]
U.S. November Home Prices Fell 18.2% Year-over-Year: Chart of the Day
No relief insight for home owners and it’s going to be particularly hard for anyone who wants to sell the house in this market.
According to the S&P/Case-Shiller Index published today, U.S. existing single family home prices plunged a record 18.2% year-over-year in November after a similar drop in the October survey.
The Composite-10 Index which covers [...]
30-Year Fixed-Rate Mortgage Rate Fell to Record Low – Chart of the Day
From the rates point of view only, now may be the time to shop for a new mortgage or refinance your existing mortgage.
Freddie Mac today released its Weekly Primary Mortgage Market Survey, which showed that average rates of 30-year fixed-rate mortgage has dropped to a new low at 4.96% from 5.01% a week ago, the [...]
Home Prices Kept Falling – Chart of the Day
Has the housing market bottomed?
It doesn’t look like so, at least not from what we can see from the S&P/Case-Shiller Index. Standard & Poors today leased its S&P/Case-Shiller Home Price Index for October 2008 which shows a 18% plunge of U.S. residential home prices in the past 12 months.
The index has fallen every month since [...]
Weekly New Jobless Claims Reached 26-Year High – Char of The Day
The U.S. job market remains gloomy.
Early this month, the government statistics showed that monthly unemployment rate surged to 15-year high last month. Today, the Labor Department says Americans who file for new jobless insurance claims rose 30,000 for the week ending December 20, 2008, to reach 586,000, the highest level since November 1982. The more [...]
November 2008 Monthly Unemployment Rate at 15-Year High – Chart of The Day
U.S. Labor Department released monthly unemployment data for November 2008 and it’s not a pretty picture: the monthly unemployment rate reached a 15-year high of 6.7% in November. The last time when monthly unemployment rate was this high was September 1993.
According to the report, U.S. employers eliminated 533,000 non-farm positions last month, followed by 403,000 [...]
Quarterly GDP Down 0.5% in Third Quarter – Chart of the Day
The Commerce Department released revised quarterly GDP data yesterday, showing that the nation’s economy contracted in the third quarter. The 0.5% annual decline in domestic gross product from July to September is worse than the initially estimated 0.3% and it’s the severest since the third quarter of 2001 when the economy shrank 1.4%.
Since the crisis [...]
Unemployment Rate Reaches Five-Year High
Yesterday, the government announced that in employers shed more than 85,000 jobs in August. That’s the eighth monthly job loss in a row. Though historically, the unemployment rate now is nowhere near the level in the early 90s (the chart below is the historical monthly unemployment rate since 1990), last month’s 6.1% unemployment rate is [...]
