Real estate housing and economic news round up for September 2 2016…
Despite the Overall Economy Growing, This Sucks: Economic Activity in Manufacturing Contracted in August But Overall Economy Grew for 87th Consecutive Month
Good But Not Great: July 2016 Construction Spending Up 1.5% Compared to July 2015
Obviously Bad: Mortgage Originations Decrease 4% in Q2 2016
Bad Trend Continues: Total U.S. Weekly Rail Traffic Down 6.2% Compared With the Same Week Last Year
Confirms That Credit is Too Tight: Squeaky-Clean Loans Lead to Near-Zero Defaults and Why That’s Not Good
Last But Not Least: Employment Increased 151,000 in August and Unemployment Rate Remained at 4.9 %
Short reading list today but expect more great articles about the Jobs Report tomorrow!