Wells Fargo
Wells Fargo: Consumer Spending Sees Sharpest Drop in Nearly Four Years Amid Inflation Pressures
Consumer spending in the U.S. took an unexpected downturn in January 2025, marking the sharpest monthly retrenchment in nearly four years, according to...
Consumer Pessimism Deepens in February Amid Inflation and Labor Market Concerns
February marked a significant downturn in consumer confidence, with the sharpest decline since 2021 as growing anxieties about the economic outlook weighed heavily...
Housing Starts Decline Sharply in January, Signaling Challenges for Builders
The U.S. housing market faced a notable slowdown to start 2025, with both single-family and multifamily housing starts experiencing sharp declines. According to...
Stubborn Inflation Persists in Early 2025, Keeping Fed’s 2% Target Out of Reach
The U.S. inflation landscape remains a challenge as persistent price pressures cast uncertainty over economic stability. According to the latest data from Wells...
Labor Market Strength Persists in Early 2025, Reinforcing Fed’s Hold Strategy
The U.S. labor market continues to show resilience in early 2025, even as hiring momentum moderates. According to the latest data from Wells...
$24MM Loan Connected to Unico Properties’ 83,600 Lovejoy Building in Portland Falls into Default
By The Registry Staff Portland is seeing another one of its properties hit financial trouble. Unico Properties, owner of the Lovejoy building, a...
Residential Construction Closes 2024 with Strong Momentum but Uncertain Outlook
Residential construction nationally ended 2024 on a high note, as total housing starts surged by 15.8 percent in December, more than offsetting the...
Wells Fargo: Consumer Confidence Slips in January Amid Concerns Over Jobs and Inflation
Consumer confidence in the United States has taken a notable dip in January 2025, reaching a four-month low, according to the latest report...
Retail Sector Closes 2024 on a High Note with 0.4% Growth
The retail sector finished 2024 on a high note, as American consumers continued to show resilience despite economic uncertainties. According to a report...
Inflation Remains Stubborn: December CPI Report Highlights Fed’s Ongoing Challenges
The latest Consumer Price Index (CPI) report reveals that while inflation is not accelerating, it remains uncomfortably above the Federal Reserve’s 2 percent...
Wells Fargo: Labor Market Stabilizes While Service Sector Inflation Remains a Challenge
As 2025 begins, the U.S. economy is showing signs of labor market stabilization while at the same time persistent inflation in the service...
Wells Fargo Analysis: Commercial Real Estate Ends 2024 on an Optimistic Note
After a prolonged period of uncertainty, the commercial real estate (CRE) market is ending 2024 on a more promising note. According to Wells...
