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  • Economics

    Q3 GDP Tracking: Movin’ on Up

    September 26, 2025 / 16 Comments

    Q3 GDP Tracking: Movin’ on Up

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    Bill McBride
  • Economics

    FHFA’s Q2 National Mortgage Database: Outstanding Mortgage Rates, LTV and Credit Scores

    September 26, 2025 / 13 Comments

    FHFA’s Q2 National Mortgage Database: Outstanding Mortgage Rates, LTV and Credit Scores

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    Bill McBride
  • Economics

    Personal Income Increased 0.4% in August; Spending Increased 0.6%

    September 26, 2025 / 1 Comment

    Personal Income Increased 0.4% in August; Spending Increased 0.6%

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    Bill McBride
  • Economics

    Friday: Personal Income & Outlays

    September 25, 2025 / 6 Comments

    Friday: Personal Income & Outlays

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    Bill McBride
  • Economics

    September Vehicle Sales Forecast: Solid, Boosted by EV Sales, Q4 Concerns

    September 25, 2025 / 10 Comments

    September Vehicle Sales Forecast: Solid, Boosted by EV Sales, Q4 Concerns

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    Bill McBride
  • Economics

    Newsletter: NAR: Existing-Home Sales Decreased to 4.00 million SAAR in August

    September 25, 2025 / 12 Comments

    Newsletter: NAR: Existing-Home Sales Decreased to 4.00 million SAAR in August

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    Bill McBride
  • Economics

    NAR: Existing-Home Sales Decreased to 4.00 million SAAR in August

    September 25, 2025 / 1 Comment

    NAR: Existing-Home Sales Decreased to 4.00 million SAAR in August

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    Bill McBride
  • Economics

    Q2 GDP Growth Revised up to 3.8% Annual Rate

    September 25, 2025 / 6 Comments

    Q2 GDP Growth Revised up to 3.8% Annual Rate

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    Bill McBride
  • Economics

    Weekly Initial Unemployment Claims Decrease to 218,000

    September 25, 2025 / 1 Comment

    Weekly Initial Unemployment Claims Decrease to 218,000

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    Bill McBride
  • Economics

    Thursday: Unemployment Claims, GDP, Durable Goods, Existing Home Sales

    September 24, 2025 / 8 Comments

    Thursday: Unemployment Claims, GDP, Durable Goods, Existing Home Sales

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    Bill McBride
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Deep State Facts

Francis Scott Key was a young lawyer who wrote the poem, 'The Star Spangled Banner', after being inspired by watching the Americans fight off the British attack of Baltimore during the War of 1812. The poem became the words to the national anthem.
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