Census Bureau: The Nation’s Older Population is Still Growing
The nation’s population has a distinctly older age profile than it did 16 years ago, according to new U.S. Census Bureau population estimates released today. New detailed estimates show the nation’s median age — the age where half of the population is younger and the other half older — rose from 35.3 years on April…
FHFA: House Price Index Up 0.7 Percent in April 2017
Washington, D.C. – U.S. house prices rose in April, up 0.7 percent from the previous month, according to the Federal Housing Finance Agency (FHFA) seasonally adjusted monthly House Price Index (HPI). The previously reported 0.6 percent increase in March was revised upward to reflect a 0.7 percent increase. The FHFA monthly HPI is calculated using home…
FHFA: First Quarter 2017 Foreclosure Prevention Report
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today released its first quarter Foreclosure Prevention Report, which shows that Fannie Mae and Freddie Mac (the Enterprises) completed 49,104 foreclosure prevention actions in the first quarter of 2017, bringing the total number of troubled homeowners helped since conservatorships to nearly 3.9 million. Of the foreclosure…
Federal Reserve: Auto Financing During and After the Great Recession
Auto Financing during and after the Great Recession Ralf R. Meisenzahl 1 More than half of auto financing is originated by non-bank finance companies that typically rely on short-term funding markets for their own financing. During the recent financial crisis, disruptions in these short-term financing markets reduced the availability of auto credit to consumers, which…
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….