Search Results

U.S. housing supply continues to fall amid rising mortgage rates

U.S. housing supply continues to fall amid rising mortgage rates

There were 1.56 million new housing starts in June on an annualized basis, a 2.0% decline from May and the lowest level since last September.
RSM US Manufacturing Outlook Index shows 35% probability of recession over next year

RSM US Manufacturing Outlook Index shows 35% probability of recession over next year

The RSM US Manufacturing Outlook Index declined into negative terrain in May, signaling the impact of high inflation, rising interest rates, the lockdowns in China and the war in Ukraine.