8/1: MetroIntelligence Economic Update by P. DUFFY

June pending home sales up 2.8 percent form May and 1.6 percent year-on-year June pending home sales moved up 2.8 percent from May, and were also up 1.6 percent year-on-year, ending a 17-month streak of annual decreases. This bodes well for an increase in existing home sales for June and July. https://www.nar.realtor/research-and-statistics/housing-statistics/pending-home-sales   Case-Shiller:  Annual home price increase slips to 3.4 percent in May The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 3.4% annual gain in May, down from 3.5% in…

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Frederick County named LEED Silver Community

The USGBC recently announced that Frederick County, Md., is a LEED Silver community, certified through the LEED for Communities program… Read More Herald-Mail Media https://www.heraldmailmedia.com/life/community/frederick-county-named-leed-silver-community/article_78f3a42b-39a5-5a0a-a2c6-699cda17229e.html

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7/30: MetroIntelligence Economic Update by P. DUFFY

2Q 2019 GDP grew at 2.1 percent in first estimate Real gross domestic product (GDP) increased at an annual rate of 2.1 percent in the second quarter of 2019 according to the “advance”. In the first quarter, real GDP increased 3.1 percent.   The increase in real GDP in the second quarter reflected positive contributions from personal consumption expenditures (PCE), federal government spending, and state and local government spending that were partly offset by negative contributions from private inventory investment, exports, nonresidential fixed investment and residential fixed investment. Imports, which are…

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