Housing starts rose 3.3 percent in November to a 1.297 million-unit pace after a downwardly revised 1.256 million-unit pace in October. Strength in the West and South pushed single-family starts to a decade high.
Residential Building Up in the South […]
Tag: Wells Fargo Securities
Wells Fargo Reports: New Home Sales Surge in November
New home sales surged 17.5 percent to a 733,000-unit pace. Sales for prior three months were revised lower, however. Even with the revisions, the three-month trend still shows new home sales clearly strengthening.
New Home Sales Are Ramping Up
Drawing […]
Wells Fargo Reports: Job Openings at All Time High in June
The number of open positions stood at a record high of 6.16 million at the end of June, up 461,000 from May. There were fewer hires and separations in June, likely due to the shrinking pool of unemployed workers.
Help Really […]
Wells Fargo Reports Quarterly Census of Employment and Wages (QCEW): Q4 2016
Nonfarm employment growth decelerated slightly more rapidly than the preliminary employment data currently indicate. The U.S. average weekly wage also posted a rare year-to-year decline.
Hard Data Show Slower Job Growth Across the Nation in 2016
Final numbers are in for […]
Wells Fargo Reports That Nonfarm Employment Springs Forward in April
Nonfarm employment bounced back from its weather-induced March slowdown. Payrolls added 211,000 jobs in April and the unemployment rate fell to 4.4 percent. Hours worked and hourly earnings also rose solidly.
A Solid Report
Nonfarm employment rose by 211,000 in April and […]