HUD and Census Bureau: New Residential Sales Report for March 2023 Released
The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau jointly announced the following new residential sales statistics for March 2023: New Home SalesSales of new single‐family houses in March 2023 were at a seasonally adjusted annual rate of 683,000, according to estimates released jointly today by the U.S. Census Bureau…
FHFA: House Price Index Up 0.5 Percent in February 2023; Up 4.0 Percent from Last Year
U.S. house prices rose in February, up 0.5 percent from January, according to the Federal Housing Finance Agency (FHFA) seasonally adjusted monthly House Price Index (HPI®). House prices rose 4.0 percent from February 2022 to February 2023. The previously reported 0.2 percent price increase for January 2023 was revised downward to a 0.1 percent increase. For the nine census…
Federal Reserve: Initial Findings from 2022 Triennial Payments Study Issued
The Federal Reserve on Friday issued initial findings from its 2022 triennial payments study. The information shows how consumers and businesses chose to make noncash payments, using checks, different types of cards, and the automated clearinghouse (ACH). Additional details will be available as analysis is completed. The data show that the average values of consumers’…
Census Bureau: Household Pulse Survey Phase 3.8 Monthly Data Released
The U.S. Census Bureau today released new data from phase 3.8 of the experimental Household Pulse Survey (HPS). The HPS is an effort by the Census Bureau and other federal statistical agencies to inform federal and state response and recovery planning by providing near real-time data on the social and economic effects of the COVID-19 pandemic and…
Census Bureau: New “Community Resilience Estimates for Heat” Experimental Data Product Released
The U.S. Census Bureau today released a new data product, the experimental Community Resilience Estimates (CRE) for Heat. Community resilience is the capacity of individuals and households within a community to absorb the external stresses of a disaster. While the standard Community Resilience Estimates (CRE) measures the social vulnerability that inhibits community resilience, the experimental CRE for Heat measures social…
Census Bureau: New Journey-to-Work Report Released
The U.S. Census Bureau today released a report describing trends in working from home before and after the COVID-19 pandemic hit the United States in March 2020. The report, Home-Based Workers and the COVID-19 Pandemic, uses 2019 and 2021 American Community Survey (ACS) 1-year estimates to compare teleworking sociodemographic, geographic and occupational patterns the year before…
HUD: Action Taken to Highlight and Research Land Use and Zoning Reforms
Today, the U.S. Department of Housing and Urban Development (HUD) released a new publication that summarizes the effects of restrictive land use policies on housing supply, location and affordability in addition to highlighting reforms that state and local governments can adopt to increase the supply of housing. This land use and zoning-focused brief is the…
ABA: Report Finds Bank Economists Expect Slowing Economic Growth to Tighten Credit Conditions
Bank economists expect credit conditions to weaken over the next six months as economic growth slows and interest rates trend higher, according to the American Bankers Association’s latest Credit Conditions Index released today. The latest summary of ABA’s Credit Conditions Index examines a suite of indices derived from the quarterly outlook for credit markets produced by ABA’s…
FDIC: Consumer Compliance Supervisory Highlights Including CRA Issued
The Federal Deposit Insurance Corporation (FDIC) issued the March 2023 edition of the Consumer Compliance Supervisory Highlights. The purpose of this publication is to enhance transparency regarding the FDIC’s consumer compliance supervisory activities and to provide a high–level overview of consumer compliance issues identified in 2022 through the FDIC’s supervision of state non–member banks and thrifts….
Census Bureau: Public Input Requested on Proposed Disclosure Avoidance Measures for the County Business Patterns Program
The U.S. Census Bureau published a Federal Register Noticeinviting the public to review and submit feedback on proposed modernized disclosure avoidance methods for 2022 County Business Patterns (CBP) data. The 60-day comment period will close June 2. The Census Bureau is hosting a webinar for the public about its disclosure avoidance methods and how they apply…