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Housing starts fall to three-year low amid 7% mortgage rate

Housing starts fall to three-year low amid 7% mortgage rate

< Back to the Insights Gallery Housing starts fall to three-year low amid 7% mortgage rateREAL ECONOMY BLOG | September 19, 2023Authored by RSM US LLPHousing starts in the United States fell by a sharp 11.3% in August, the second double-digit drop in three months,...
Low core inflation should keep the Fed from hiking rates

Low core inflation should keep the Fed from hiking rates

< Back to the Insights Gallery Low core inflation should keep the Fed from hiking ratesREAL ECONOMY BLOG | September 19, 2023Authored by RSM US LLPWhile we expect the Federal Reserve to hold rates unchanged on Wednesday, what its updated Summary of Economic...
RSM US Manufacturing Outlook Index: Signs of a bottom

RSM US Manufacturing Outlook Index: Signs of a bottom

< Back to the Insights Gallery RSM US Manufacturing Outlook Index: Signs of a bottomREAL ECONOMY BLOG | August 29, 2023Authored by RSM US LLPThe decline in the RSM US Manufacturing Outlook Index appears to be nearing a bottom. We think that the mild recession in...
Job openings drop to lowest in more than two years

Job openings drop to lowest in more than two years

< Back to the Insights Gallery Job openings drop to lowest in more than two yearsREAL ECONOMY BLOG | August 29, 2023Authored by RSM US LLPJob openings fell to 8.8 million in July, staying under 9 million for the first time since March 2021, according to the Bureau...