Sharkey, Howes & Javer

Inside the Economy: Housing Market, Stock Market, Electricity, and the Dollar

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Sinopsis

This week on Inside the Economy, we address the housing market in terms of inventory, stock market performance, the dollar, and the pace of electricity generation in the U.S. The inventory of new homes for sale increased to 507,000 in May. How do Colorado and Denver compare to other markets in terms of active listings? What are the numbers of first-time home buyers? Electricity generation continues to trend upward, showing no signs of slowing down. One way to keep pace with rising electricity demand is by building nuclear reactors. Which states are exploring reactor production? Turning to the dollar, its price has fallen, but history shows present weakness is not extreme, and it may still have more room to fall. What is the current U.S. share of global GDP, and how did that share shift when China joined the World Trade Organization? Tune in to learn more!   Key Takeaways: New Orders for Durable Goods up 16.4% S. GDP growth rate at -.5% in Q1 Layoff and Discharge Rate at 1.04% in May