The economy is a complex and ever-changing entity. It can be difficult to keep track of all the different indicators that measure our economic health. One way to evaluate the economic conditions in your area is to look at four high frequency indicators: airlines, movie tickets, hotel occupancy, and gasoline supplied. Let’s take a closer look at these indicators.
All posts tagged: economy
Residential Mortgage Application Volume has Decreased
Recent months have seen a reduction in residential mortgage applications. There are varying speculations as to the reasons for this decline in applications:
- Waiting for Rates to Reduce Further
- Concerns over the Future of Economy
- Pandemic Resurgence Causing Hesitation
Residential Construction Improves
According to industry reports September and October reflected an improving residential construction industry, with an expectation that the trend will continue through year-end.