Monthly Economic Commentary and Indicators

for Realtors & Mortgage Industry Professionals

June 2020 

For the third consecutive month, Covid has dominated the news – and everyone’s life – throughout the world. I have noticed that people are getting tired of hearing an endless string of depressing Covid Statistics and Commentaries. I call it “Covid Information Fatigue”. Instead, this commentary will stay focused on the Economic Data that are Key Indicators for the Mortgage and Housing Markets. This month’s Economic Data Summary is almost all in the red, but there are some splashes of green. Signs of returning to normal are all around us: more traffic, more cars in parking lots, longer lines in stores, restaurants open with limited capacity, etc. Employment Data is starting to improve (ever so slightly) as furloughed workers slowly return to work. This Societal Shock will permanently change people’s behavior and future business plans. The US Economy is 70% Consumer driven. The big question is: how will this shock affect Consumer Behavior and consumption patterns in the recovery and aftermath? No one really knows at this point, but it will be essential for businesses to monitor Consumption Patterns so they can adjust their plans.

Read the full versions of this month’s “Economic Commentary and Calendar” using the “VIEW PDF” icon 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

View PDF of Monthly Economic Commentary & Indicators
Monthly Economic Commentary PDF

This Economic Commentary and Calendar are provided by GMFS Mortgage 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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