Index
Residential Remodeling Index
Diana Olick at CNBC mentioned a remodeling index from BuildFax this week:
A remodeling index from Texas-based BuildFax shows a national surge in remodeling work toward the end of the year, which appears to be continuing now.
It seem to me that requires a graph!
The BuildFax Residential Remodeling Index is based on the number of properties pulling residential construction permits in a given month.
Sure enough – as Diana Olick noted – there has been a “surge in remodeling work” with November close to the levels of 2004 through 2006, and the strongest December since BuildFax started the index in 2004.
Note: permits are not adjusted by value, so this doesn’t mean there is more money being spent, just more permit activity.
Philly Fed Index shows contraction in August, first time since July 2009
Here is the Philadelphia Fed Index: Business Outlook Survey
The survey’s broadest measure of manufacturing conditions, the diffusion index of current activity, decreased from a reading of 5.1 in July to ‐7.7 in August. The index turned negative, marking a period of declining monthly activity for the first time since July 2009 (see Chart). Indexes for new orders and
shipments also suggest a slowing this month; the new orders index fell slightly, to ‐7.1, while the shipments index turned negative, declining to ‐4.5. Indicating weakness, indexes for both delivery times and unfilled orders remained negative this month.The percentage of firms reporting a decline in employment (23 percent) was higher than the percentage (20 percent) reporting an increase.
Popular Posts
- Foreclosures Can Have Lasting Credit Effects
- Weekly Review-Giveaway, Deadly sins, Debt busters and more
- Is Your Identity at Risk from Friends and Family?
- Why the Duel Between Obama and Wall Street Over Elizabeth Warren Isn’t Only About Her
- Green Shoots at Last: Small Business Lending Finally Starting to Thaw
- Rule of Law: Why We Need to Freeze Foreclosures
- How the Foreclosure Mess Could Cause Banks to Crash
- Walking Tall: Illinois Sheriff Refuses to Evict Homeowners
- Nick Clegg appeals to Liberal Democrat party faithful
- $4 Gasoline, Again
- Bank of America to Eliminate Overdraft Fees
- Capital One Rewards Catalog 2011 Is Here
- Dollar Matters: It’s for the Kids Edition
- SmartPhone Apps For Personal Finance
- UK motorists warned of fuel price rise
Similar Posts
- Schedule for Week of July 24th
- U.S. Light Vehicle Sales 11.45 million Annual Rate in June
- Philly Fed Index shows contraction in August, first time since July 2009
- Mortgage Rates and Refinance Activity
- U.S. Government Receipts as Percent of GDP
- Gas Prices Creep Up as Oil Hits $100
- Bank Nifty Support and Resistance Levels for 7 july 2011
- Bank Nifty Support and Resistance Levels for 14 july 2011
- Bank Nifty Support and Resistance Levels for 21 july 2011
- Dallas Fed manufacturing survey shows activity increased in November
- Nifty Support and Resistance Levels for 22 june 2011
- Nifty Support and Resistance Levels for 25 july 2011
- World of Commuters
- Bank Nifty Support and Resistance Levels for 3 june 2011
- Bank Nifty Support and Resistance Levels for 23 july 2011