Home >> Tag Archives: Incomes

Tag Archives: Incomes

Personal Income, Spending Pick Up Steam in August

The Bureau of Economic Analysis (BEA) reported Monday that personal consumption expenditures increased $57.5 billion—0.5 percent—month-over-month in August. The increase in spending followed a meager revised increase of less than 0.1 percent for July. Spending was helped by a 0.3 percent pickup in personal income, totaling an increase of $47.3 billion.

Read More »

Economic Concerns Weigh on May Housing Confidence

Consumers' attitudes about housing diminished somewhat last month as economic worries weighed on their minds, according to new survey results from Fannie Mae. "While recent housing activity suggests that the worst of the housing slump may be behind us, this caution among consumers supports our expectation that the rebound in home sales will likely be too modest to pull sales for all of 2014 ahead of last year," Doug Duncan, chief economist.

Read More »

Subscribe to MDaily

MReport is here for you to stay on top of important developments in the mortgage marketplace. To begin receiving each day’s top news, market information, and breaking news updates, absolutely free of cost, simply enter your email address below.