Market Week: October 25, 2021
Single-family housing production remained steady in September as strong demand helped offset rising building material prices exacerbated by supply chain disruptions, especially with lumber.
Single-family housing production remained steady in September as strong demand helped offset rising building material prices exacerbated by supply chain disruptions, especially with lumber.
U.S. equities turned in a terrific week, as Wall Street reacted favorably to much better-than-expected earnings reports and less negative economic data.
Of all the fears investors have faced over the past 30 years, high inflation wasn’t among them. In 2021, that’s changed.
The number of unfilled job openings has remained far above the 48-year historical average of 22%.
The Purchasing Managers’ Index (PMI) is an index of the prevailing direction of economic trends in the manufacturing and service sectors based on surveys collected from thousands of companies.