Monthly Economic Commentary and Indicators

for Mortgage Industry Third Party Origination Professionals

August 2021

AT A GLANCE – Key Economic Data and Events during July 2021

Interest Rates: The 10-Year US Treasury yield fell to 1.24% (July 30) from 1.48% (July 1).Housing: Home Prices set another record high, with the FHFA HPI increasing 18.0% YoY.

Labor: The Economy added 850,000 new jobs during June.

Inflation: Inflation stormed higher as the CPI jumped 0.9%, now up 5.4% YoY.

The Economy: US GDP grew at 6.5% in the 1st Quarter of 2021.

Consumers: Retails Sales surged 0.6% in June, now up 18% in the last 12 months.

Stock Markets set new record highs: Dow 35,144, Nasdaq 14,840, S&P 4,422.

Read the full versions of this month’s “Economic Commentary and Indicators” and “Economic Calendar” using the links below.

Economic Data and Events

Interest Rates and Fed Watch

Housing Market Indicators

Labor Market Economic Indicators

Inflation Economic Data/Information

GDP Economic Data

Consumer Economic Indicators

Energy, International, and Misc

This Economic Commentary intro and full version PDF are provided by GMFS and written by Mortgage Elements to be a succinct summary of the key Economic Indicators and Economic Data that influence the Mortgage and Real Estate Industries. It is written for Mortgage, Realtor and Real Estate Professionals that need to stay current on Economic Information but don’t have hours to research and analyze Economic Data. © Copyright 2018 Mortgage Elements Inc, All Rights reserved.

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