Rearview Mirror

Auto sales keep retail economy in reverse

Soft auto sales dragged down overall retail sales in February and consumers did not spend enough to pick up the slack. Retail sales decreased by one-tenth of a percent from January, according to Commerce Department figures released Wednesday, to a seasonally adjusted $447.31 billion. January retail sales were also one-tenth […]

Lack of housing supply continues to drive rising home prices

Home prices continued rising during the last month of 2017, but there are early signs they may begin to slow in the coming months. The Case Shiller National Home Price Index jumped 6.3 percent in the 12 months leading up to December, up from a 6.1 percent year-over-year gain reported […]

H-1B Employees Could Help Manufacturers Hire Again

President Trump has staked his presidency on reviving manufacturing and restricting immigration, and he seems to think the two go hand in hand. He’s wrong. Manufacturing companies say they need skilled immigrants to build and maintain advanced factories, and the blue-collar workers the president has promised jobs to aren’t being […]

Five Things to Watch For in March Durable Good Orders Report

The monthly good orders report for March comes out on Thursday morning, just shy of the gross domestic products report as well as President Donald Trumps 100th day in office. The report shows the health of the manufacturing sector and, as a result, a foreshadow of business investment spending. Overall, […]

Five Things to Watch in the February Home Prices Report

The Case Shiller Home Prices Indices for February 2017 will be released on Tuesday morning. Last month’s report saw a 5.9 percent annual gain in the national index for the month of January, up from 5.7 percent in the previous month. Prices are at an all-time high since the housing […]

Trump’s Immigration and Trade Policies Could Cancel Out

When her husband was deported to Juarez in 2012, Amy Rios couldn’t just leave her Wisconsin life behind to join him. In her hometown of Waukesha, Rios had a 2-year-old daughter to care for, an extended family network and a new career as a phlebotomist to maintain. It took nearly […]

US Auto Sales Indicate Slow Down For the Market

U.S. auto sales dipped significantly in March despite discounts and low gas prices due to what some economists call a long overdue cool down of the market. Sales for the month fell 1.6 percent to just over 1.55 million vehicles, with a negative percent change of 10.6 percent in sales […]

Confidence Soars Amid Modest Consumption

Consumer confidence may be soaring but consumer spending has barely moved since last month. The Bureau of Economic Analysis released its latest report on March 31, which showed a 0.1% increase in consumer spending from last month, a slight disappointment from the 0.2% expected. A historically warm winter decreased service […]