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Economy

“Consumer prices rose 0.4% in February and 3.2% from a year ago”

“… …” https://www.cnbc.com/2024/03/12/cpi-inflation-report-february-2024-.html

Real Estate

“Home sales spike 14.5% in February as the median price drops for the first time in over a decade…”

“Sales of previously owned homes rose 14.5% in February compared with January, according to a seasonally adjusted count by the National Association of Realtors. That put sales at an annualized rate of 4.58 million units. It was the first monthly… Continue Reading…

Economy

“Private payrolls rose by 242,000 in February, better than expected, ADP says”

“…Private payrolls increased by 242,000 for the month, ahead of the Dow Jones estimate for 205,000 and well above the upwardly revised 119,000 jobs gain, from 106,000, in January. Wage growth decelerated slightly, with those remaining in their jobs seeing… Continue Reading…

Economy

“Newsom urged Californians to cut water use by 15%. In February they saved less than 1%

“Total water usage in California cities and towns decreased by just half a percent in February compared with the same month in 2020, a far cry from Gov. Gavin Newsom’s goal of reducing urban water use by 15%… Newsom in… Continue Reading…

Economy

“Inflation rose 7.9% in February, as food and energy costs push prices to highest in more than 40 years”

“…The consumer price index, which measures a wide-ranging basket of goods and services, increased 7.9% over the past 12 months, a fresh 40-year high for the closely followed gauge, according to the Labor Department’s Bureau of Labor Statistics… Food prices rose… Continue Reading…

Economy

“Food prices jump 20.7% yr/yr to hit record high in Feb, U.N. agency says”

“World food prices hit a record high in February, led by a surge in vegetable oils and dairy products, to post a 20.7% increase year-on-year, the U.N. food agency said on Friday…FAO said its vegetable oils index rose 8.5% month-on-month… Continue Reading…

Economy

“February jobs rose a surprisingly strong 678,000, unemployment edged lower while wages were flat”

“Job growth accelerated in February, posting its biggest monthly gain since July as the employment picture got closer to its pre-pandemic self. Nonfarm payrolls for the month grew by 678,000 and the unemployment rate was 3.8%, the Labor Department’s Bureau… Continue Reading…

Energy, Stocks

“Top Energy Stocks for February 2022”

“Best Value Energy Stocks These are the energy stocks with the lowest 12-month trailing price-to-earnings (P/E) ratio. Because profits can be returned to shareholders in the form of dividends and buybacks, a low P/E ratio shows that you’re paying less for each dollar of… Continue Reading…

Real Estate

“Pending home sales fell over 10% in February, as record low supply stifles the housing market”

“The U.S. housing market is suffering from its lowest supply in history, and that is taking an increasingly hard toll on sales. Pending home sales, a measure of signed contracts on existing homes, fell a wider-than-expected 10.6% in February compared… Continue Reading…

Economy

“US Economy Creates 379,000 Jobs in February”

“The US economy created 379,000 jobs in February. Some 355,000 of these jobs were within the leisure and hospitality sector…” https://finance.yahoo.com/news/us-economy-creates-379-000-110000672.html America’s service economy is huge and much of it was shut down artificially. Everyone can expect some “good” job… Continue Reading…