A 360-degree view of housing & economy This page highlights some of our recent coverage. For full access, please log in to your Housing & Economy Market Intelligence Service.

Recent Articles

sample of recent headlines, press releases and get more..

M&A Analyst Roundup: Global deal-making activity is on the rise as firms look to digitize their businesses, accelerate growth through revenue, cost synergies; appreciation of US, Canadian dollars, expanding antitrust policy may pose potential hurdles

New home prices in Canada grew 0.2% in December, their slowest pace since June 2020; new home prices were up 11.6% year-over-year in December, up 10.3% in 2021 compared with 2.1% in 2020, the largest annual increase since 1989: Statistics Canada

Canada's retail sales up 0.7% to C$58.1B in November led by higher sales at gasoline stations, building material and garden equipment and supplies dealers, food and beverages stores; sales up in 6 of 11 subsectors, 63.8% of retail trade: Statistics Canada

Canadians face new uncertainty of effects of rising inflation on retirement savings, which is reaching highest levels in past 30 years; inflation moved into the top three concerns Canadians have about retirement for first time in more than a decade: RBC

Freddie Mac predicts US single-family housing market will remain stable in 2022 even as mortgage rates are expected to increase; home sales to reach 6.9 million in 2022, 7.0 million in 2023 compared to 6.9 million in 2021

Want full access to Housing & Economy Intelligence

Trending Chart

Interactive chart with headline count

Dan Rivard
Dan Rivard
- VP Market Development -

We offer built-to-order industry coverage for our clients. Contact us for a free consultation.

An example of a few headlines sent to our customers on Jan, 22 2022
Housing & Economy

powered by Industry Intelligence, Inc.

January 22, 2022

 Consumer Economics

Consumer Economics

European Commission's flash estimate of consumer confidence in the euro area decreased slightly by 0.1 point to a reading of -8.5 points; the indicator is well below its pre-pandemic level, approaching its long-term average
European Commission (01/21)

Potential US existing-home sales in December fell 0.4% month-over-month to 6.37 million seasonally adjusted annualized rate, as market outperformed potential by 10.4%; house-buying power down by nearly US$3,000 due to higher mortgage rates: First American
First American Financial Corp. (01/20)

Employee Compensation & Benefits

ABF Freight to host hiring event Jan. 27-28 in Kent, Washington, seeking part-, full-time Class A CDL drivers and for its driver development program; company to offer signing bonuses of US$10,000 for full-time drivers, US$5,000 for development program
PR Newswire (01/21)

Pilgrim's Pride announces US$4.5M annualized wage increase for employees at its production facility in Mayfield, Kentucky, to help support the local community recently impacted by a tornado; increase comes out to an extra $2/hour for each employee
Globe Newswire (01/21)

Employee Well-Being/Satisfaction

AkzoNobel announces rating as a European Top Employer by the Top Employers Institute; review recognizes focus on employee development, engagement and well-being
Akzo Nobel NV (01/21)

Arkema announces certification as a Top Employer in France, China, US and Brazil by the Top Employers Institute; award recognizes human resources policies and actions to improve employees' work environment
Arkema Inc. (01/20)

Labor Scarcity/Skills Shortage

Germany wants to attract 400,000 qualified workers each year as the shortage of skilled workers has been identified as one of the threats to economic recovery in the euro zone; the labor force is expected to shrink by more than 300,000 this year
CE Noticias Financieras (01/21)

US mortgage applications for new home purchases down 7.1% year-over-year in December, down 5% from November; supply challenges, labor shortages, higher material cost contributed to decline as projects delayed, cost more to complete: Mortgage Bankers Assn.
Mortgage Bankers Association (MBA) (01/20)

 Leading Indicators

GDP

Euro area government debt down to 97.7% of GDP in Q3 from 98.3% in Q2; decrease in ratio due to increase in GDP, while debt continued to increase due to financing needs of policy measures adopted to mitigate economic, social impact of pandemic: Eurostat
Eurostat (01/21)

US housing market, larger economy expected to enter 'new normal' in 2022 as unprecedented market disturbances, policy responses stemming from pandemic subside; economic growth to return to more modest levels, home sales, price growth to slow: Fannie Mae
Federal National Mortgage Association (Fannie Mae) (01/19)

Energy Indicators

US commercial crude oil inventories in week ended Jan. 14 increased by 0.5 million barrels from the previous week to 413.8 million barrels; inventories are about 8% below the five year average for this time of year: EIA
U.S. Energy Information Administration (EIA) (01/20)

US average on-highway diesel fuel price in week ended Jan. 17 rises to US$3.725/gallon from US$3.657/gallon last week; average regular gasoline price rises to US$3.306/gallon from US$3.295/gallon
U.S. Energy Information Administration (EIA) (01/19)

Employment Statistics & Trends

Number of Canadians receiving regular Employment Insurance benefits dropped 6.7% in November to 692,000; Nova Scotia, British Columbia and Manitoba posted the largest monthly percentage declines: Statistics Canada
Statistics Canada (01/20)

US unemployment insurance claims in week ended Jan. 15 up 55,000 to 286,000, four-week moving average up 20,000 to 231,000; total continued weeks claimed for benefits up 180,114 to 2.1 million in week ended Jan. 1: Dept. of Labor
U.S. Dept. of Labor (DOL) (01/20)

Interest Rates

Freddie Mac predicts US single-family housing market will remain stable in 2022 even as mortgage rates are expected to increase; home sales to reach 6.9 million in 2022, 7.0 million in 2023 compared to 6.9 million in 2021
Federal Home Loan Mortgage Corp. (Freddie Mac) (01/21)

US 30-year fixed-rate mortgage averaged 3.56% in week ended Jan. 20, up from 3.45% last week; 30-year FRM averaged 2.77% a year ago: Freddie Mac
Federal Home Loan Mortgage Corp. (Freddie Mac) (01/20)

Retail Metrics

Canada's retail sales up 0.7% to C$58.1B in November led by higher sales at gasoline stations, building material and garden equipment and supplies dealers, food and beverages stores; sales up in 6 of 11 subsectors, 63.8% of retail trade: Statistics Canada
Statistics Canada (01/21)

UK retail sales volumes fell by 3.7% in December from November, up 2.6% from pre-pandemic level; non-food store sales volumes fell by 7.1% in December following strong sales in the previous month, as some retailers report the omicron variant as cause: ONS
Office for National Statistics (ONS) (01/21)

Inflation

Primark to cut 400 store jobs, vows to keep its prices low despite inflationary pressures; news comes as parent company Associated British Foods warns higher energy, transport costs may push up prices in other divisions, including ingredients and grocery
Daily Telegraph (01/21)

Canadians face new uncertainty of effects of rising inflation on retirement savings, which is reaching highest levels in past 30 years; inflation moved into the top three concerns Canadians have about retirement for first time in more than a decade: RBC
Royal Bank of Canada (01/21)

 Housing/Real Estate

Housing Starts

US single-family starts decreased 2.3% to a 1.17 million seasonally adjusted annual rate in December; multifamily production helped push overall housing starts up in December, gaining 10.6% to a 536,000 pace: NAHB
National Association of Home Builders (NAHB) (01/19)

Privately‚Äźowned US housing starts in December at seasonally adjusted annual rate of 1,702,000, up 1.4% from November level, up 2.5% from December 2020; building permits up 6.5% annually to 1,873,000, completions down 6.6% to 1,295,000: Dept. of Commerce
U.S. Dept. of Commerce (DOC) (01/19)

Housing Affordability

Average US monthly rents up 14.1% nationwide year-over-year, 0.3% month-over-month, the largest annual jump since at least February 2019; rising mortgage costs push more potential homebuyers into renting instead: Redfin
Redfin Corp. (01/21)

US single-family rent prices in November up 11.5% year-over-year, up from 3.8% in November 2020 as improvements in economy, job market helped push growth to record levels; upward pressure on inflation measure as rent growth is fully reflected: CoreLogic
CoreLogic Inc. (01/20)

Mortgages/Home Financing

US mortgage applications increased 2.3% in week ended Jan. 14 from one week earlier; Refinance Index decreased 3.0%, Purchase Index increased 8.0%: Mortgage Bankers Assn.
Mortgage Bankers Association (MBA) (01/19)

The share of US mortgage loans in forbearance decreased to 1.41% as of Dec. 30 from 1.67% the prior month; the share of Ginnie Mae loans in forbearance decreased 47 basis points, Fannie Mae and Freddie Mac loans in forbearance decreased 8 basis points
Mortgage Bankers Association (MBA) (01/19)

New Homes

New home prices in Canada grew 0.2% in December, their slowest pace since June 2020; new home prices were up 11.6% year-over-year in December, up 10.3% in 2021 compared with 2.1% in 2020, the largest annual increase since 1989: Statistics Canada
Statistics Canada (01/21)

Residential Construction & Real Estate

Annual gains in US home improvement, maintenance spending set to accelerate by double digits, will top out in Q3 2022; strong rise in home sales activity, household incomes, house equity levels supporting faster expansion of home remodeling market: JCHS
Harvard Joint Center for Housing Studies (JCHS) (01/20)

Wellness, green building practices have gained traction in the wake of the pandemic as consumers take a closer look at their lifestyles, homes; majority of homebuyers prefer to go green when provided the option and will generally spend more for it: NAHB
National Association of Home Builders (NAHB) (01/20)

Commercial Construction & Real Estate

Humana to expand its CenterWell Senior Primary Care in 2022 with new locations in Dallas-Ft. Worth, Phoenix, Louisville, Nashville, and Charlotte; expansion includes a total of 26 centers, marking first ventures into Arizona, Kentucky, Tennessee
Humana Inc. (01/21)

More than three-quarters of surveyed Redfin.com homebuyers, sellers believe there is a price bubble in the area where they live, while 44% of real estate agents believe there is a housing bubble in the market where they work: Redfin
Redfin Corp. (01/21)

 Corporate Economics

Corporate Management

Dutch beauty major Rituals achieves Certified B Corp status after three-year transformation; Rituals set out three pillars--clean, conscious, caring--including push for all formulas to be made using at least 90% of natural origin ingredients by 2023
CosmeticsDesign-Europe.com (01/20)

Maybelline introduces Conscious Together sustainability program, which aims to create more responsible business model; goals include carbon neutrality in all sites, 100% PCR packaging, 95% bio-based ingredients, developing makeup recycling technologies
PR Newswire (01/19)

Corporate Financing

Enviva prices public offering of 4,300,000 common shares at US$70.00/share; offering is expected to close on Jan. 24, and underwriters have 30-day option to purchase up to an additional 645,000 common shares
Enviva Inc. (01/21)

Enviva commences underwritten public offering of 4,300,000 common shares; net proceeds to be used for general corporate purposes, including pre-funding a portion of its capital expenditures related to ongoing development projects
Enviva Inc. (01/21)

 Country Economics

Trade Balance

Japan's exports, imports both reached record highs in December, largely due to surging oil prices, weaker yen; exports rose 17.5% year-over-year in December, imports surged 41% year-over-year
Canadian Press DataFile (01/20)

Country Economics

Euro area government deficit down to 4.0% of GDP in Q3 from 6.4% in Q2; deficit-to-GDP ratio fell due to increases in total revenue, decreases in total expenditure on higher GDP, continue to be influenced by policy responses to the COVID-19 pandemic
Eurostat (01/21)

 Macro Data
Latest Value Prev Value Year Ago Value
ADP Non-Farm Private Sector Employment

Thousands   |   Latest: Dec/21

125,656.69 124,849.37 119,484.21
Unemployment Claims 4-Wk. Avg.

Total, Seasonally Adjusted   |   Latest: 01/15/22

231,000 211,000 833,500
Unemployment Claims, U.S. (NSA)

Total, Not Seasonally Adjusted   |   Latest: 01/15/22

337,417 420,835 937,313
Unemployment Claims, U.S. (SA)

Total, Seasonally Adjusted   |   Latest: 01/15/22

286,000 231,000 886,000
Unemployment Rate, U.S.

%   |   Latest: Dec/21

3.90 4.20 6.70
Treasury Bills: 10-Year, U.S.

%   |   Latest: Dec/21

1.47 1.56 0.93
30-Year FRM

%   |   Latest: 01/20/22

3.56 3.45 2.77
CAD/USD - daily

Real/US$   |   Latest: 01/21/22

0.80 0.80 0.79
Consumer Confidence

Index 1985=100   |   Latest: Nov/21

109.50 111.60 92.90
Leading Indicators

Interactive Chart: Click on legend/key to see full view on your dashboard

Latest Energy Updates Latest Value Prev Value Year Ago Value YOY Chg
Crude Oil Spot Price: WTI, Daily

US$/Barrel  |   Latest: 01/21/22

84.83 83.84 52.49 61.61%
Diesel: Gulf Coast Ultra Low Sulfur 2

US$/Gallon  |   Latest: 01/21/22

2.53 2.53 1.53 65.61%
Electricity: Retail Price, Commercial

Cents/KWH  |   Latest: Oct/21

11.56 11.76 10.73 7.74%
Electricity: Retail Price, Industrial

Cents/KWH  |   Latest: Oct/21

7.53 7.71 6.72 12.05%
Natural Gas Spot Price: Henry Hub, Daily

US$/mmBTU  |   Latest: 01/21/22

3.96 3.87 2.49 59.29%
Latest Interest Rates Updates Latest Value Prev Value Year Ago Value YOY Chg
Prime Interest Rate, U.S.

%  |   Latest: Dec/21

3.25 3.25 3.25 0%
Treasury Bills: 10-Year, U.S.

%  |   Latest: Dec/21

1.47 1.56 0.93 58.06%
Interactive Bar Chart Image Housing Starts, U.S. Interactive Bar Chart Image Midwest Northeast South West

Interactive Chart: Click on legend/key to see full view on your dashboard

Interactive Line Chart Image Construction Spending: Nonresidential Construction Spending: Residential
Latest Employment Updates Latest Value Prev Value Year Ago Value YOY Chg
Nonfarm Payroll Monthly Change, U.S.

Thousands  |   Latest: Dec/21

199.00 249.00 - 306.00 165.03%
Unemployment Claims, U.S. (SA)

Total, Seasonally Adjusted  |   Latest: 01/15/22

286,000 231,000 886,000 -67.72%
Latest Corporate Economics Updates Latest Value Prev Value Year Ago Value YOY Chg
Inventories: Total Business

millions US$  |   Latest: Nov/21

2,158,162 2,130,353 1,984,864 8.73%
Manuf: Avg Weekly Hrs, Non-Supervisors

Hours  |   Latest: Dec/21

41.40 41.40 41.30 0.24%
Manufacturers Orders: Durable

millions US$  |   Latest: Nov/21

268,425 261,728 233,838 14.79%
Manufacturers Orders: Nondurable

millions US$  |   Latest: Nov/21

263,411 261,705 226,586 16.25%
Interactive Line Chart Image Retail Sales: Bldg. & Garden Supplies, SA Retail Sales: Department Stores, SA Retail Sales: Drug Stores, SA Retail Sales: Grocery Stores, SA Retail Sales: Nonstore Retailers SA Retail Sales: WH Clubs & Superstores, SA

Interactive Chart: Click on legend/key to see full view on your dashboard

Sources: Industry Intelligence Inc.,Census Bureau

SAMPLE REPORT