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Quick Look: Current mortgage rates are over twice as high as during the pandemic, significantly increasing homebuying costs. The scarcity of homes for sale leads to fierce competition and higher
Quick Look: June saw a 6.6% drop in new durable goods orders, totalling $264.5 billion. Orders for transportation equipment fell by 20.5%, significantly impacting overall figures. Durable goods orders, excluding
Quick Look: New U.S. unemployment benefits surged to 243,000, with continuing claims reaching 1.867 million, the highest since 2021. Significant increases in jobless claims in Michigan and New York, while
Quick Look: Inflation dropped to 3% in June 2024, down from 3.3% in May, providing consumer relief. The pandemic, supply chain issues, and global events like the Ukraine war significantly
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