July 23, 2024
U.S. Existing Home Sales (June 2024)
The U.S. housing market remains in a tough spot, with existing home sales continuing to trail below historical norms and ending the second quarter on a sour note. This is not entirely surprising given the prevailing higher interest rate environment, with 30-year mortgage rates still hovering just below 7%.
July 16, 2024
U.S. Retail Sales (June 2024)
Retail sales have had a rather tepid showing for much of the second quarter and June's outturn added to the lackluster performance. The data adds to the growing evidence that households aren't quite as impervious to higher interest rates and prices as earlier spending might have suggested.