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Oct 3, 2024 | 
brookings.edu | Wendy Edelberg |Noadia Steinmetz-Silber
Home Why have mortgage rates fallen, and where are they headed? Editor's note: This is an update to a November 2023 analysis, which is archived here. Recently, mortgage rates have reversed some of their increase since 2020, coming down from their recent peak in late 2023.
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Jul 26, 2024 | 
brookings.edu | Lauren Bauer |Noadia Steinmetz-Silber
The first line of Claudia Goldin’s Nobel Lecture notes, “Women are now at the center of the world’s economies.” Indeed, labor force participation rates for prime-age women in the U.S. have grown significantly over time, and, earlier this year, prime-age women exceeded their highest labor force participation rate ever: Since January 2024, about 78 percent of women between the ages of 25 and 54 have participated in the labor force (figure 1).
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May 1, 2024 | 
brookings.edu | Wendy Edelberg |Noadia Steinmetz-Silber
Editor's note: This analysis will be updated quarterly as new data are released. It was last updated on July 31, 2024 with data through Q2 2024. There are various ways to evaluate recent trends in real pay (i.e., nominal pay adjusted for inflation), including using different measures of pay, measures of inflation, and reference periods. These factors can lead to conflicting conclusions about the trends in real pay in the United States.
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Apr 23, 2024 | 
brookings.edu | Wendy Edelberg |Noadia Steinmetz-Silber
IntroductionThe extraordinary and surprising increase in the creation and ownership of employer businesses since 2020 has been concentrated among certain demographic groups. Figure 1 shows, relative to the fourth quarter of 2019, the change in “high-propensity” business applications, which are applications of the type that have historically resulted in businesses with employees (United States (U.S.) Census Bureau 2024a; Haltiwanger 2021).
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Oct 24, 2023 | 
hamiltonproject.org | Chloe East |Wendy Edelberg |Noadia Steinmetz-Silber
See an updated interactive chartIntroductionAmericans’ pay has been buffeted by numerous factors since the pandemic began: historic job losses at the beginning of the pandemic, strength in the labor market through the recovery, sectoral shifts in the wake of the pandemic, and ongoing high levels of inflation. Remarkably, there is little consensus on how workers’ pay has fared over this period.
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Oct 23, 2023 | 
brookings.edu | Chloe East |Wendy Edelberg |Noadia Steinmetz-Silber
IntroductionAmericans’ pay has been buffeted by numerous factors since the pandemic began: historic job losses at the beginning of the pandemic, strength in the labor market through the recovery, sectoral shifts in the wake of the pandemic, and ongoing high levels of inflation. Remarkably, there is little consensus on how workers’ pay has fared over this period.
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Jun 8, 2023 | 
invesbrain.com | Wendy Edelberg |Noadia Steinmetz-Silber |Tyler Durden
On the back of a post-pandemic commerce boom and a global turn to smartphone-centric shopping, the competition to score leads online has never been harder. Consumers are more demanding, and with more industry competitors to battle against, your site has to be in tip-top shape. Your site SEO strategy plays a crucial role in your online success in 2023.
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Jun 8, 2023 | 
brookings.edu | Wendy Edelberg |Noadia Steinmetz-Silber
Why have mortgage rates risen by so much more than yields on 10-year Treasury bonds? We find that much of the increase in this spread can be attributed to two factors: interest rates on Treasury bonds with maturities less than 10 years are higher than rates on 10-year Treasury bonds and mortgage prepayment risk has increased. Higher interest rates on shorter term bonds matter because mortgages are generally held for fewer than 10 years.
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Jun 8, 2023 | 
invesbrain.com | Wendy Edelberg |Noadia Steinmetz-Silber |Tyler Durden |Danni Button
By Wendy Edelberg, Noadia Steinmetz-SilberThe recent increase in mortgage rates, which has made buying a house or borrowing against home equity more expensive, in part reflects a broad increase in rates on long-term U.S. Treasury securities. But the increase in 30-year fixed mortgage rates over the past year has been unusually large relative to rates on long-term Treasury securities, which may suggest that mortgage rates are being pushed up by temporary factors.
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Jun 8, 2023 | 
brookings.edu | Wendy Edelberg |Noadia Steinmetz-Silber
The recent increase in mortgage rates, which has made buying a house or borrowing against home equity more expensive, in part reflects a broad increase in rates on long-term U.S. Treasury securities. But the increase in 30-year fixed mortgage rates over the past year has been unusually large relative to rates on long-term Treasury securities, which may suggest that mortgage rates are being pushed up by temporary factors.
