If consumer spending is a keystone element in the U.S. economic recovery, a full-on rebound is likely underway. Retail Sales is higher for 7 straight months and is now at an all-time high.
All posts in category Retail Sales
Retail Sales Rise For 7th Straight Month; Mortgage Rates Worsen
Posted by Phil Denfeld on February 15, 2011
http://phildenfeldmortgage.com/2011/02/retail-sales-january-2011.html
Retail Sales Weak In December; Home Affordability Gets A Boost
Mortgage rates are easing lower this morning on just-released, slightly worse-than-expected Retail Sales data from December 2010.
Posted by Phil Denfeld on January 13, 2011
http://phildenfeldmortgage.com/2011/01/retail-sales-december-2010.html
Mortgage Rates Spike On Strong Retail Sales Data. Could 4 Percent Rates Be Done?
Rising Retail Sales and Consumer Confidence data hints that the days of 4 percent, 30-year fixed rate mortgages may be nearing its end.
Posted by Phil Denfeld on November 16, 2010
http://phildenfeldmortgage.com/2010/11/retail-sales-consumer-confidence.html
Home Affordability Gets A Boost From Weak Back-to-School Retail Receipts
The recent rise in mortgage rates was slowed this week after the government released its Retail Sales report for August.
Posted by Phil Denfeld on September 15, 2010
http://phildenfeldmortgage.com/2010/09/retail-sales-august-2010.html
