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The sale of new homes increased to the fastest pace in 10 years, according to the U.S. Census Bureau and Department of Housing and Urban Development (HUD). New single-family home sales rose in September 2017 to a seasonally adjusted annual rate of 667,000 sales, marking an 18.9 percent increase from the 561,000 new homes sales in August and a 17 percent spike from the 570,000 new homes sold in September 2016.
The National Women’s Business Council (NWBC) has released a report, Hispanic Women Entrepreneurship: Understanding Diversity Among Hispanic Women Entrepreneurs, addressing the state and potential of Hispanic women entrepreneurs in the U.S. Hispanic women entrepreneurs were the fastest-growing business segment from 2007 to 2016—growing 137 percent, according to the 2016 State of Women-Owned Businesses Report by American Express OPEN and Womenable.
Technological innovations taking place on a daily basis arouse excitement and anticipation, but how will they affect the future economy and job market for American workers? We have witnessed self-checkout machines transform grocery stores, allowing companies to have fewer cashiers on hand, and the swiftness with which video streaming services led to the end of once thriving video stores around the country.
The Survey of Consumers from the University of Michigan reveals that consumer confidence grew substantially in the first half of August. From July to August of this year, the Index of Consumer Sentiment increased from 93.4 to 97.6 percent, marking an 8.7 percent increase from August 2016.
Tomorrow, July 21, 2017, the Dodd-Frank Wall Street Reform and Consumer Protection Act will have its seventh anniversary. The Act has not been stranger to controversy, with some arguments claiming the act hinders Americans and others asserting it promotes growth under safe regulatory practices.
Toni Moss, CEO, AmeriCatalyst, LLC kicks off the third day of the conference with a captivating Keynote Address on the current state of global economics and how globalization will affect our future.
Our second session of Day 3 continued with Toni Moss, AmeriCatalyst, LLC CEO and Logan Mohtashami, Senior Lending Manager, AMC Lending Group & Housing Data Analyst, providing economic forecasts and abundant food for thought on the future of homeownership and professional growth in the American economy.
Today, the Federal Deposit Insurance Corporation (FDIC) hosts its first Economic Inclusion Summit exploring strategies to bring consumers into the financial mainstream. NAWRB CEO & President Desirée Patno and Government Relations Chairwoman Silvia N. Rathell are in attendance, participating in the mission to increase the involvement and impact of disenfranchised American consumers.
The effect of Donald Trump’s administration on our economy and housing market is approaching, and at the epicenter of several news outlets and economic reflections is the possibility of the gargantuan unknown. Some economists are predicting an economic downturn while others affirm that until measures are taken, we remain in the dark.
Today, the U.S. Census Bureau released Residential Vacancies and Homeownership in the Second Quarter 2016 revealing that Americans continue to experience difficulty transitioning into homeownership.
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