New Unemployment Insurance Claims for The Week of December 21, 2024

Jobless Claims

Earlier today, the Labor Department released its weekly report on New Jobless Insurance Claims for the week that ended on December 21, 2024:

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Predicted: 220,000

• Actual: 219,000

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The yellow-highlighted figure represents the number of first-time claims for unemployment benefits for the entire United States. The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

• Previous Week (unrevised): 220,000

• 4-Week Moving Average: 226,500

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• Click here to view the full Labor Department report

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New Home Sales During November 2024

The November, 2024 New Home Sales report was released by the Commerce Department this morning:

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Previous Month (revised): 627,000

• Actual New Home Sales: 664,000

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• Change from 1 Month Previous: +37,000 units (+5.9%)
  
  
• Change from 1 Year Previous: +53,000 units (+8.67%)

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Median Price for a New Home
During November, 2024: $402,600
 

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Average Price for a New Home
During November, 2024: $484,800

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Inventory: 490,000 (+40,000 units / 8.89% Year-on-Year)

• 8.9 months supply at current sales rate; seasonally‐adjusted estimate.

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CHART: Cost of A Newly Built Home
NOVEMBER 2024 Update

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• CHART: Cost of A Newly Built Home.
  
  
• Click Here for Existing Home Sales Prices and a Chart.
  
  
• Click Here for The Monthly Existing Home Sales Report.

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Compiled jointly by the U.S. Commerce Department and the U.S. Department of Housing and Urban Development, the yellow-highlighted figure above is the seasonally adjusted and annualized number of newly-built homes with committed buyers for the indicated month.

The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

The New Home Sales report is watched by economists and investors because it offers insight into the state of the U.S. housing market, and also provides data that can be used to predict sales of large household furniture and appliances like refrigerators, air conditioners, microwave ovens, etc.


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• Click here to view the full Commerce Department report (PDF)
  
  

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New Unemployment Insurance Claims for The Week of November 23, 2024

 

Jobless Claims

Earlier today, the Labor Department released its weekly report on New Jobless Insurance Claims for the week that ended on November 23, 2024:

====================

Predicted: 213,000

• Actual: 213,000

====================

The yellow-highlighted figure represents the number of first-time claims for unemployment benefits for the entire United States. The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

• Previous Week (revised): 215,000

• 4-Week Moving Average: 217,000

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From Today's Report:

"...The advance seasonally adjusted insured unemployment rate was 1.3 percent for the week ending November 16, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending November 16 was 1,907,000, an increase of 9,000 from the previous week's revised level. This is the highest level for insured unemployment since November 13, 2021 when it was 1,974,000. The previous week's level was revised down by 10,000 from 1,908,000 to 1,898,000.

The 4-week moving average was 1,890,250, an increase of 13,500 from the previous week's revised average. This is the highest level for this average since November 27, 2021 when it was 1,928,000. The previous week's average was revised down by 2,500 from 1,879,250 to 1,876,750..."

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• Click here to view the full Labor Department report

====================

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New Home Sales During October 2024

The October, 2024 New Home Sales report was released by the Commerce Department this morning:

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Previous Month (revised): 738,000

• Actual New Home Sales: 610,000

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• Change from 1 Month Previous: -128,000 units (-17.34%)
  
  
• Change from 1 Year Previous: -63,000 units (-9.36%)

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Median Price for a New Home
During October, 2024: $437,300
 

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Average Price for a New Home
During October, 2024: $545,800

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Inventory: 481,000 (+39,000 units / 8.82% Year-on-Year)

• 9.5 months supply at current sales rate; seasonally‐adjusted estimate.

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================================

CHART: Cost of A Newly Built Home
OCTOBER 2024 Update

================================

• CHART: Cost of A Newly Built Home.
  
  
• Click Here for Existing Home Sales Prices and a Chart.
  
  
• Click Here for The Monthly Existing Home Sales Report.

================================

Compiled jointly by the U.S. Commerce Department and the U.S. Department of Housing and Urban Development, the yellow-highlighted figure above is the seasonally adjusted and annualized number of newly-built homes with committed buyers for the indicated month.

The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

The New Home Sales report is watched by economists and investors because it offers insight into the state of the U.S. housing market, and also provides data that can be used to predict sales of large household furniture and appliances like refrigerators, air conditioners, microwave ovens, etc.


================================

• Click here to view the full Commerce Department report (PDF)
  
  

================================

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New Home Sales During September 2024

The September, 2024 New Home Sales report was released by the Commerce Department this morning:

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Previous Month (revised): 709,000

• Actual New Home Sales: 738,000

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• Change from 1 Month Previous: +29,000 units (+4.09%)
  
  
• Change from 1 Year Previous: +44,000 units (+6.34%)

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Median Price for a New Home
During September, 2024: $426,300
 

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Average Price for a New Home
During September, 2024: $501,000

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Inventory: 470,000 (7.6 months supply at current sales rate; seasonally‐adjusted estimate.)

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================================

CHART: Cost of A Newly Built Home
SEPTEMBER 2024 Update

================================

• CHART: Cost of A Newly Built Home.
  
  
• Click Here for Existing Home Sales Prices and a Chart.
  
  
• Click Here for The Monthly Existing Home Sales Report.

================================

Compiled jointly by the U.S. Commerce Department and the U.S. Department of Housing and Urban Development, the yellow-highlighted figure above is the seasonally adjusted and annualized number of newly-built homes with committed buyers for the indicated month.

The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

The New Home Sales report is watched by economists and investors because it offers insight into the state of the U.S. housing market, and also provides data that can be used to predict sales of large household furniture and appliances like refrigerators, air conditioners, microwave ovens, etc.


================================

• Click here to view the full Commerce Department report (PDF)
  
  

================================

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New Unemployment Insurance Claims for The Week of March 2, 2024

Jobless Claims

Earlier today, the Labor Department released its weekly report on New Jobless Insurance Claims for the week that ended on March 2, 2024:

====================

Predicted: 215,000

• Actual: 217,000

====================

The yellow-highlighted figure represents the number of first-time claims for unemployment benefits for the entire United States. The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

• Previous Week (revised): 217,000

• 4-Week Moving Average: 212,250

====================

From Today's Report:

"...The advance seasonally adjusted insured unemployment rate was 1.3% for the week ending February 24, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending February 24 was 1,906,000, an increase of 8,000 from the previous week's revised level. The previous week's level was revised down by 7,000 from 1,905,000 to 1,898,000.

The 4-week moving average was 1,888,250, an increase of 10,250 from the previous week's revised average. This is the highest level for this average since December 11, 2021 when it was 1,888,250. The previous week's average was revised down by 1,750 from 1,879,750 to 1,878,000..."

 ====================

• Click here to view the full Labor Department report

====================

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