ABA: Bank Economists Share Moderate Growth to Continue Through 2018
WASHINGTON — The U.S. economy will continue to expand through next year with support from fiscal stimulus, according to the Economic Advisory Committee of the American Bankers Association. “The forces that have sustained eight years of progress, such as low interest rates and improvements in labor markets, will continue into next year,” said Christopher Probyn,…
HUD and Census Bureau: New Residential Construction Activity in May
WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau jointly announced the following new residential construction statistics for May 2017: BUILDING PERMITS Privately owned housing units authorized by building permits in May were at a seasonally adjusted annual rate of 1,168,000. This is 4.9 percent (±0.9 percent) below…
Census Bureau: Updates to Quick Facts Web Application Tool
Based on user feedback, the U.S. Census Bureau recently provided updates to the QuickFacts web application on census.gov. Updates include: Simplified mapping. Displays in Chart, Map and Dashboard based on user-selections. Updated share capability on social media sites Facebook and Twitter. Easier-to-navigate mobile experience. Improved performance. QuickFacts provides the following data for all states, counties…
Census Bureau: Upcoming Webinar on Accessing American Community Survey Statistics in API
What: The U.S. Census Bureau is hosting a webinar June 21 on Using the Census API With the American Community Survey. Users will learn how to access and use the Census Bureau’s application programming interface with statistics from the American Community Survey, identify survey variables and geographies to build queries, and locate additional resources. Through…
Census Bureau: More than Half of School Expenditures Spent on Classroom Instruction
JUNE 14, 2017 — Schools across the nation spent over 60 percent of day-to-day expenditures on classroom instruction in fiscal year 2015, according to the U.S. Census Bureau’s Public Education Finances: 2015 report released today. The report provides figures on revenues, expenditures, debt and assets (cash and security holdings) for the nation’s public elementary and…
CFPB: Study Finds Consumers in Lower-Income Areas are More Likely to Become Credit Visible Due to Negative Records
Consumers In Higher-Income Areas More Likely Than Those in Lower-Income Areas to Establish Credit with a Credit Card or Co-Borrower WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) today released a study on the transition to credit visibility that found that the way consumers establish credit history can differ greatly based on economic background….
Federal Reserve: Is The Rent Too High? Aggregate Implications of Local Land-Use Regulation
June 2017 Is the Rent Too High? Aggregate Implications of Local Land-Use Regulation (PDF) Devin Bunten Abstract: Highly productive U.S. cities are characterized by high housing prices, low housing stock growth, and restrictive land-use regulations (e.g., San Francisco). While new residents would benefit from housing stock growth in cities with highly productive firms, existing residents…
Census Bureau: 2016 Characteristics of New Housing Update
Today the U.S. Census Bureau released the 2016 Characteristics of New Housing Report, which provides annual statistics on the characteristics of new privately owned residential structures by census region. The report includes characteristics such as the number of bedrooms and bathrooms, the location of the laundry, presence of homeowner’s association, the buyer’s source of financing…
Census Bureau: Wealth and Asset Ownership Data Tables Released
The U.S. Census Bureau released today the 2013 Wealth and Asset Ownership Detailed Tables highlighting household net worth from the Survey of Income and Program Participation. These tables highlight annual household net worth estimates at the national level and are broken down by selected characteristics, such as race, household structure and poverty status. The Survey…
FHFA: Further Data Released on Non-Performing Loan Sales
Washington, DC – The Federal Housing Finance Agency (FHFA) today released its third report providing information about the sale of non-performing loans (NPLs) by Fannie Mae and Freddie Mac (the Enterprises). The Enterprise Non-Performing Loan Sales Report includes information about NPLs sold and outcomes for borrowers as of December 31, 2016. The sale of NPLs…